Home » Neiman Marcus Annual Reports » 2009 Annual Report - page 205

Neiman Marcus 2009 Annual Report Download - page 205

Download and view the complete annual report

Please find page 205 of the 2009 Neiman Marcus annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

TABLE OF CONTENTS

RECITALS 1

ARTICLE I DEFINITIONS 1

SECTION 1.1. Definitions of Certain Terms 1

SECTION 1.2. Interpretation 11

ARTICLE II PURCHASE, SALE AND ASSUMPTION 12

SECTION 2.1. Purchase and Sale of the Acquired Assets 12

SECTION 2.2. Assumption of Liabilities 12

SECTION 2.3. Excluded Liabilities 12

SECTION 2.4. Purchase Price; Purchase Price Adjustment 12

ARTICLE III CLOSING; ASSIGNMENT 13

SECTION 3.1. The Closing 13

ARTICLE IV REPRESENTATIONS OF THE PARTIES 14

SECTION 4.1. Representations of the Parent 14

SECTION 4.2. Representations of the Purchaser 18

SECTION 4.3. No Other Representations or Warranties; No Recourse 21

ARTICLE V COVENANTS 21

SECTION 5.1. Conduct of Business 21

SECTION 5.2. Certain Changes 22

SECTION 5.3. Access and Confidentiality. 23

SECTION 5.4. Reasonable Efforts; Other Filings 23

SECTION 5.5. Additional Instruments; Cooperation 25

SECTION 5.6. Non-Solicitation 25

SECTION 5.7. Credit Card Marks; Branding 25

SECTION 5.8. Communications with Cardholders 25

SECTION 5.9. Post-Closing Access. 25

SECTION 5.10. Cooperation in Litigation 26

SECTION 5.11. Preservation of and Access to Books and Records 26

SECTION 5.12. Bulk Sales Law. 26

SECTION 5.13. NFC 27

SECTION 5.14. Allocation of the Purchase Price 27

SECTION 5.15. New Securitization Opinions 27

ARTICLE VI TAX MATTERS 27

SECTION 6.1. Taxes 27

i