Saks Fifth Avenue 2008 Annual Report Download - page 124

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Section 1.01 of the Original Indenture shall be amended to insert alphabetically therein the following defined terms:
“Compliance Certificate” has the meaning set forth in Section 10.12.
“Covenant Reversion Date” means, 5:30 p.m., New York City time, on the earlier of (i) the Business Day following the
Company’s failure to pay the Purchase Price, if due, for the Notes in accordance with the Offer to Purchase and (ii) October 31,
2005.
“Purchase Price” means the payment (including the Consent Payment) defined as such with respect to the Notes in the
Offer to Purchase.
“Offer to Purchase” means the Offers to Purchase and Consent Solicitations Statement dated as of June 20, 2005 and the
related Letter of Transmittal and Consent, each as may be amended and supplemented from time to time.
ARTICLE II
REMEDIES
Section 2.01. Events of Default.
Section 5.01 of the Original Indenture shall be deleted in its entirety and replaced with the following:
Section 5.01. Events of Default.
“Event of Default,” wherever used herein, means anyone of the following events (whatever the reason for such Event of
Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree
or order of any court or any order. rule or regulation of any administrative or governmental body):
(a) default in the payment of any interest on the Notes when due and payable, continued for 30 days or more; or
(b) default in payment of all or any part of principal of or premium, if any, on the Notes at the Maturity Date; or
(c) except as otherwise provided in this Section 5.01, default in the performance of or breach of any other covenant or
warranty of the Company contained in the Notes, any Note Guarantee or this Indenture (other than a default specified in (a) or
(b) above) that continues for a period of 60 days after written notice of such failure requiring the Company to remedy the same
and stating that such notice is a “Notice of Default” hereunder shall have been given (x) to the Company by the Trustee or (y) to
the Company and the Trustee by the Holders of at least 25% in aggregate principal amount of the Notes then Outstanding; or