Neiman Marcus 2009 Annual Report Download - page 264

"Future Subcontractors" has the meaning set forth in Section 6.2(g)(i) hereof.
"GAAP" means United States generally accepted accounting principles, consistently applied.
"Governmental Authority" means any federal, state or local domestic, foreign or supranational governmental, regulatory or
self-regulatory authority, agency, court, tribunal, commission or other governmental, regulatory or self-regulatory entity.
"Gross Financing Income" means, with respect to any period, an amount equal to the sum of assessed or accrued Net Interest
Income, late fees, NSF fees and any other interest or fees payable under the Program and any amounts paid by NMG to Bank pursuant
to Section 4.10 or 4.11 during such period less the sum of fee waivers and the amount required under GAAP to be amortized by Bank
as deferral amortization pursuant to Financial Accounting Standard No. 91 during such period. Fees from Approved Ancillary
Products are not included as part of Gross Financing Income.
"Gross Receivables" means amounts owing (net of credit balances) from cardholders with respect to accounts in a Credit
Card portfolio (including outstanding loans, cash advances and other extensions of credit; billed or unbilled interest and late charges;
and any other billed or unbilled fees, charges and interest assessed on such accounts).
"Gross Write Off" means, with respect to Accounts that have been written off in a particular period in accordance with the
credit and collection policies contained in the Risk Management Policies, the portion of the total Gross Receivables charged off as
uncollectible in accordance with such credit and collection policies (and not as a result of fraud) during such period.
"High Collar" has the meaning set forth on Schedule 1.1(d) hereto.
"Housing Price Forecast" means, with respect to any month, the forecast of housing prices designated "FHFA Conventional
and Conforming Home Price Index, (Index, 1980Q1 = 100, NSA)" "FHOFHOPI.US" as most recently published in the Moody's
publication "Economy.com".
"Housing Price Forecast Condition" means:
(i) with respect to each month during the period from the Effective Date through February 2012, the period commencing on
the first date on which the forecast for any month in the first [***] forecast in the Housing Price Forecast published for the most
recently completed month is less than the amount that is [***] less than the forecast for the corresponding month in the Housing Price
Forecast published for March 2010 (as set forth in Schedule 1.1(e)) and ending on the first date thereafter when the forecast for each
of the first [***] forecast in the Housing Price Forecast published for the most recently completed month is equal to or greater than the
amount that is [***] less than the forecast for the corresponding month in the Housing Price Forecast published for March 2010 (as set
forth in Schedule 1.1(e)).
(ii) with respect to each month during the period from March 2012 through the end of
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