Neiman Marcus 2009 Annual Report Download - page 276

"Rolling 6 Month Receivables Gross Write-Off Ratio" means, with respect to any period, the Annualized percentage
equivalent of a fraction the numerator of which is Gross Write-Offs for all Accounts during the period of six consecutive calendar
months ending on and including the month immediately preceding such calendar month and the denominator of which is the Average
Gross Receivables in respect of all Accounts for the same six-month period.
"Rolling 6 Month Risk Adjusted Yield" means, with respect to any calendar month, the percentage equivalent of a fraction
(A) the numerator of which is (i) Gross Financing Income for all Accounts minus Net Write-Offs for all Accounts for the period of six
consecutive calendar months ending on and including the month immediately preceding such calendar month, times (ii) two, and
(B) the denominator of which is the Average Daily Gross Receivables in respect of all Accounts for the same six-month period
referred to in clause (A).
"Rolling 6 Month RAM" means, respect to any calendar month, measured over the consecutive six calendar month period
ending with such month, the percentage equivalent of a fraction (A) the numerator of which is the sum of the products of the Risk
Adjusted Margin for all Accounts for each month in such six-calendar month period and the Average Daily Gross Receivables for
each corresponding month in such six- (6-) calendar month period, and (B) the denominator of which is the Average Daily Gross
Receivables in respect of all Accounts for such six-(6-) calendar month period.
"Rolling 12 Month Post MP RAM" means, with respect to any calendar month, measured over the consecutive twelve
calendar month period ending with such month, the percentage equivalent of a fraction equal to (A) the sum of the products of the Post
MP RAM for each month in such twelve- (12-) calendar month period and the Average Daily Gross Receivables for each
corresponding month in such twelve calendar month period, divided by (B) the Average Daily Gross Receivables in respect of all
Accounts for such twelve- (12-) calendar month period.
"Sales Tax Refunds" means refunds, rebates, credits or deductions of sales and use tax by any taxing authority in respect of
an Account, and all allowable interest relating thereto.
"Second-Look Credit Card Program" has the meaning set forth in Section 2.2(b) hereof.
"Services" means the services required to be performed by NMG pursuant to the Servicing Agreement or the Primary
Servicer pursuant to Article VII hereof.
"Servicing Agreement" means the Servicing Agreement, dated as of the Effective Date, between NMG and Bank.
"SLA" means each individual performance standard set forth on Schedule 7.3(a) and Schedule 2.04(a) of the Servicing
Agreement.
"Solicitation Materials" means documentation, materials, artwork and copy, in any format or media (including television and
radio), used to promote or identify the Program to Cardholders and potential Cardholders, including direct mail solicitation materials
and coupons.
"Special Discounts" means non-POS discounts that are given to the customers specified in Schedule 1.1(j).
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