OfficeMax 2013 Annual Report Download - page 179

“Dilution Factors” means, without duplication, with respect to any period, the aggregate amount of all deductions, credit memos, returns,
adjustments, allowances, bad debt write-offs and other non-cash credits which are recorded to reduce accounts receivable in a manner consistent with current
and historical accounting practices of the Borrowers.
“Dilution Ratio” means, at any date, the amount (expressed as a percentage) equal to (a) the aggregate amount of the applicable Dilution Factors for
the 12 most recently ended fiscal months divided by (b) total gross sales for the 12 most recently ended fiscal months.
“Dilution Reserve” means, at any date, the applicable Dilution Ratio  by the Eligible Accounts, Eligible Credit Card Receivables or
Uninvoiced Accounts Receivable of the applicable Loan Parties, as the context may require, on such date; provided that at all times that the Dilution Ratio is
less than 5.0%, the Dilution Reserve shall be zero.
“Disclosed Matters” means the actions, suits and proceedings and the environmental matters disclosed on Schedule 3.06 and the underfunding
liabilities disclosed on Schedule 3.10.
“Document” has the meaning assigned to such term in the US Security Agreement.
“Documentation Agents” means, individually and collectively, Citibank, N.A. and Wells Fargo Bank, National Association, in their capacity as
Documentation Agents.
“Dollar Equivalent” means with respect to any amount at the time of determination thereof, (a) if such amount is expressed in dollars, such
amount, and (b) if such amount is expressed in Euros or Sterling, the amount of dollars that would be required to purchase the amount of such currency
based upon the Spot Selling Rate as of such date of determination.
“dollars” or “$” means the lawful money of the United States.
“Dutch Borrower” means, individually and collectively, (a) Office Depot International B.V., a private limited liability company 
 incorporated under the law of the Netherlands, having its registered seat  in Venlo, the
Netherlands, registered with the Chamber of Commerce of Limburg, the Netherlands under number 12066591 and having its office address at
Columbusweg 33, 5928 LA, Venlo, the Netherlands, (b) Office Depot B.V., a private limited liability company 
 incorporated under the law of the Netherlands, having its registered seat (statutaire  in Venlo, the Netherlands, registered with the
Chamber of Commerce of Limburg, the Netherlands under number 05047775 and having its office address at Columbusweg 33, 5928 LA, Venlo, the
Netherlands and (c) Office Depot Finance B.V., a private limited liability company  incorporated
under the law of the Netherlands, having its registered seat  in Venlo, the Netherlands, registered with the Chamber of Commerce of Limburg,
the Netherlands under number 12067691 and having its office address at Columbusweg 33, 5928 LA, Venlo, the Netherlands.
“Dutch Borrowing Base” means, at any time, with respect to the Dutch Loan Parties, the sum of:
(a) the sum of (i) the product of (A) 85%  (B) the Dutch Loan Parties’ Eligible Accounts (other than Eligible Credit Card
Receivables) at such time,  the Dilution Reserve related to the Dutch Loan Parties,  any other Reserve related to Accounts of the Dutch Loan
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