Parent Liquidity Amount

Parent Liquidity Amount. 1.1.81 "Parent Liquidity Amount" means, as of any time, the sum of (a) the Parent Excess Availability at such time plus (b) the aggregate amount of unrestricted and unencumbered cash and Parent Permitted Liquid Investments (and restricted cash and Parent Permitted Liquid Investments solely to the extent that such cash and Parent Permitted Liquid Investments is dedicated to the redemption, repayment, defeasance or other discharge of the Parent Senior Notes) of the Parent and its direct and... indirect subsidiaries at such time. View More