Maintenance Liquidity

Maintenance Liquidity. Means, as of any date of determination, (a) the sum as of such date of (x) the aggregate amount of the commitments under the Super-Priority Revolving Credit Facility (including the aggregate revolving commitments with respect to any Permitted Euro Revolving Indebtedness) (or any Refinancing Indebtedness in respect thereof) minus (y) the aggregate principal amount of the outstanding revolving loans under the Super-Priority Revolving Credit Facility and any outstanding revolving loans in respect... of any Permitted Euro Revolving Indebtedness (or any Refinancing Indebtedness in respect thereof) and, in each case, the face amount of any letters of credit issued thereunder (less any reimbursed amounts) plus (b) the "Adjustment to Liquidity" as set forth in the most recently delivered Monthly Factoring Report plus (c) unrestricted cash and Cash Equivalents of the Borrower and its Subsidiaries. View More