Neiman Marcus 2008 Annual Report Download - page 313

(i) Consolidated Net Income for such period,
(ii) an amount equal to the amount of all non-cash charges to the extent deducted in arriving at such Consolidated
Net Income,
(iii) decreases in Consolidated Working Capital and long-term account receivables for such period (other than any
such decreases arising from acquisitions by the Borrower and its Restricted Subsidiaries completed during such period), and
(iv) an amount equal to the aggregate net non-cash loss on the sale, lease, transfer or other disposition of assets by
the Borrower and its Restricted Subsidiaries during such period (other than sales in the ordinary course of business) to the
extent deducted in arriving at such Consolidated Net Income; over
(b) the sum, without duplication, of:
(i) an amount equal to the amount of all non-cash credits included in arriving at such Consolidated Net Income and
cash charges included in clauses (a) through (j) of the definition of Consolidated Net Income,
(ii) without duplication of amounts deducted pursuant to clause (xi) below in prior periods, the amount of Capital
Expenditures made in cash during such period, except to the extent that such Capital Expenditures were financed with the
proceeds of Indebtedness of the Borrower or its Restricted Subsidiaries,
(iii) the aggregate amount of all principal payments of Indebtedness of the Borrower and its Restricted Subsidiaries
(including (x) the principal component of payments in respect of Capitalized Lease Obligations and (y) the amount of any
prepayment of Loans pursuant to Section 2.08 or 2.20 made with the proceeds of an Asset Sale to the extent such Asset Sale
resulted in an increase to Consolidated Net Income and not in excess of the amount of such increase, but excluding all other
prepayments of the Loans) made during such period (other than in respect of any revolving credit facility to the extent there
is not an equivalent permanent reduction in commitments thereunder), except to the extent financed with the proceeds of
other Indebtedness of the Borrower or its Restricted Subsidiaries,
(iv) an amount equal to the aggregate net non-cash gain on the sale, lease, transfer or other disposition of assets by
the Borrower and its Restricted Subsidiaries during such period (other than sales in the ordinary course of business) to the
extent included in arriving at such Consolidated Net Income,
(v) increases in Consolidated Working Capital and long-term account receivables for such period (other than any
such increases arising from acquisitions of a Person or business unit by the Borrower and its Restricted Subsidiaries during
such period),
(vi) cash payments by the Borrower and its Restricted Subsidiaries during such period in respect of long-term
liabilities of the Borrower and its Restricted Subsidiaries other than Indebtedness,
(vii) without duplication of amounts deducted pursuant to clause (xi) below in prior periods, the amount of
Investments and acquisitions made during such period to the extent
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