Neiman Marcus 2003 Annual Report Download - page 207

"Assignment and Assumption Agreement" has the meaning specified in Section 9.06(b).
"Base Rate" means, for any day, a rate per annum equal to the higher of (i) the Prime Rate for such day or (ii) the sum of
0.50% plus the Federal Funds Rate for such day.
"Base Rate Loan" means a Committed Loan that bears interest at the Base Rate pursuant to the applicable Notice of
Committed Borrowing or Notice of Interest Rate Election or the last sentence of Section 2.08(a) or Article 8.
"Base Rate Margin" has the meaning specified in the Pricing Schedule.
"Benefit Arrangement" means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not
a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.
"Borrower" means The Neiman Marcus Group, Inc., a Delaware corporation, and its successors.
"Borrower's 2003 10-K" means the Borrower's annual report on Form 10-K for the fiscal year ended August 2, 2003, as filed
with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934.
"Borrowing" has the meaning specified in Section 1.03.
"Capitalized Lease" means a lease under which, in accordance with United States generally accepted accounting principles, the
liability of the lessee is required to be capitalized on its balance sheet.
"Class" refers to the determination whether a Loan is a Committed Loan or a Competitive Bid Loan.
"Closing Date" means the date on or after the Effective Date on which all of the conditions specified in Section 3.01 shall have
been satisfied.
"Commitment" means (i) with respect to each Lender listed on the Commitment Schedule, the amount set forth opposite such
Lender's name on the Commitment Schedule, (ii) with respect to any financial institution which becomes a Lender pursuant to Section
2.18, the amount of the Commitment thereby assumed by it and (iii) with respect to any assignee which becomes a Lender pursuant to
Section 9.06(b), the amount of the transferor Lender's Commitment assigned to it pursuant to Section 9.06(b), in each case as such
amount may be changed from time to time pursuant to Section 2.10, 2.18 or 9.06(b); provided that, if the context so requires, the term
"Commitment" means the obligation of a Lender to extend credit up to such amount to the Borrower hereunder.
"Commitment Schedule" means the Commitment Schedule attached hereto.
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