Neiman Marcus 2003 Annual Report Download - page 210

"Debt" means as applied to the Borrower and its Subsidiaries, without duplication, (a) all obligations for borrowed money or
deferred purchase price of goods or services whether secured or unsecured, absolute or contingent, other than trade accounts payable,
expense accruals or similar liabilities arising in the ordinary course of business, (b) all obligations evidenced by bonds, notes,
debentures or other similar instruments, (c) all obligations secured by any Lien on property owned or acquired by the Borrower or any
of its Subsidiaries whether or not the obligations secured thereby shall have been assumed, (d) that portion of all obligations arising
under Capitalized Leases that is required to be capitalized on the consolidated balance sheet of the Borrower and its Subsidiaries and
(e) all obligations of the type described in clauses (a) through (d) above Guaranteed by the Borrower or any of its Subsidiaries;
provided that a Securitization Transaction shall not give rise to Debt of the transferor for purposes of this Agreement.
"Default" means any condition or event which constitutes an Event of Default or which with the giving of notice or lapse of
time or both would, unless cured or waived, become an Event of Default.
"Deloitte & Touche" means Deloitte & Touche LLP, independent certified accountants for the Borrower.
"Derivatives Obligations" of any Person means all obligations of such Person in respect of any rate swap transaction, basis
swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, bond
option, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap
transaction, cross-currency rate swap transaction, currency option or any other similar transaction (including any option with respect
to any of the foregoing transactions) or any combination of the foregoing transactions.
"Designated Lender" means, with respect to any Designating Lender, an Approved Fund designated by it pursuant to Section
9.07 as a Designated Lender for purposes of this Agreement.
"Designating Lender" means, with respect to each Designated Lender, the Lender that designated such Designated Lender
pursuant to Section 9.07.
"Designation Agreement" has the meaning specified in Section 9.07.
"Documentation Agents" means Wachovia Bank, N.A., Wells Fargo Bank National Association, and BNP Paribas, in their
capacity as documentation agents in connection with the credit facility provided under this Agreement.
"Domestic Business Day" means any day except a Saturday, Sunday or other day on which commercial banks in New York,
New York, or Dallas, Texas are authorized or required by law to close.
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