Neiman Marcus 2008 Annual Report Download - page 474

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"Permitted Liens" means the "Permitted Liens" as defined in the Term Loan Credit Agreement.
"Pledged Collateral" means all Instruments, Securities and other Investment Property owned by any Grantor, other
than any Instruments, Securities or Investment Property that is an Excluded Asset (for so long and to the extent such exclusion is
applicable), whether or not physically delivered to the Agent pursuant to this Agreement.
"Receivables" means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other
rights or claims to receive money (other than the Specified Credit Card Receivables) that are General Intangibles or that are otherwise
included as Collateral.
"Required Secured Parties" means (a) prior to an acceleration of the Term Loan Obligations under the Term Loan
Credit Agreement, the "Required Lenders" as defined in the Term Loan Credit Agreement (with any loans under the Term Loan Credit
Agreement and unused commitments thereunder held by the Borrower or any of its Affiliates being excluded for such purpose),
(b) after an acceleration of the Term Loan Obligations under the Term Loan Credit Agreement but prior to the date upon which the
Term Loan Credit Agreement has terminated by its terms and all of the obligations thereunder have been paid in full, Term Loan
Lenders holding in the aggregate loans under the Term Loan Credit Agreement representing more than 50% of the Aggregate Term
Loan Credit Exposure (with any such loans held by the Borrower or any of its Affiliates being excluded for this purpose), and (c) after
the Term Loan Credit Agreement has terminated by its terms and all of the Term Loan Obligations thereunder have been paid in full
(whether or not the Term Loan Obligations under the Term Loan Credit Agreement were ever accelerated), Term Loan Lenders
holding in the aggregate at least a majority of the aggregate net Secured Hedging Obligations then due and unpaid from the Grantors
to the Term Loan Lenders under Hedge Agreements, as determined by the Term Loan Agent in its reasonable discretion.
"Revolving Facility Agent" means Deutsche Bank Trust Company Americas, in its capacity as administrative agent
and collateral agent under the Revolving Facility Credit Agreement.
"Revolving Facility Credit Agreement" means the Credit Agreement dated the date hereof among Holdings, the
Borrower, the Subsidiary Parties and the Revolving Facility Agent, as amended, restated supplemented or otherwise modified from
time to time.
"Revolving Facility First Lien Collateral Transition Date" has the meaning set forth in the Intercreditor Agreement.
"Section" means a numbered section of this Agreement, unless another document is specifically referenced.
"Secured Parties" means the Term Loan Secured Parties and the Existing Notes Secured Parties.
"Security" shall have the meaning set forth in Article 8 of the UCC.
"Specified Credit Card Receivables" means the Accounts, Documents and other rights or claims to receive money
which are General Intangibles and that have been or from time to time are
6