Yield Maintenance. As of the Facility Increase Date for such Facility Increase, (i) the “all-in yield” (after taking into account commissions and related fees, costs and expenses) to the Lenders participating in such Facility Increase in any existing Facility shall not exceed such all-in yield (on a marked-to-market basis) for such existing Facility (after giving effect to any increase in the Applicable Margin applicable to such existing Facility that becomes effective on the Facility Increase Date) and (ii) the weighted average life of any facility modified or as part of such Facility Increase shall not be shorter than the weighted average life for the corresponding Facility prior to giving effect to such modification.
Appears in 2 contracts
Sources: Credit Agreement (Assisted Living Concepts Inc), Credit Agreement (Assisted Living Concepts Inc)