Neiman Marcus 2008 Annual Report Download - page 190

Any Trustee which has resigned or been removed after the beginning of such 3-month period shall be subject to the
provisions of this Subsection as though such resignation or removal had not occurred. If any Trustee has resigned or been removed
prior to the beginning of such 3-month period, it shall be subject to the provisions of this Subsection if and only if the following
conditions exist:
(i) the receipt of property or reduction of claim, which would have given rise to the obligation to
account, if such Trustee had continued as Trustee, occurred after the beginning of such 3-month period; and
(ii) such receipt of property or reduction of claim occurred within 3 months after such resignation or
removal.
(b) There shall be excluded from the operation of Subsection (a) of this Section a creditor relationship arising
from
(1) the ownership or acquisition of securities issued under any indenture or any security or securities having a
maturity of one year or more at the time of acquisition by the Trustee;
(2) advances authorized by a receivership or bankruptcy court of competent jurisdiction, or by this Indenture,
for the purpose of preserving any property which shall at any time be subject to the lien of this Indenture or of discharging
tax liens or other prior liens or encumbrances thereon, if notice of such advances and of the circumstances surrounding the
making thereof is given to the Securityholders at the time and in the manner provided in this Indenture;
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