AllIn Yield definition
AllIn Yield means, as to any Indebtedness, the yield thereof, whether in the form of interest rate, margin, original issue discount, upfront fees, an Eurodollar Rate or Base Rate floor greater than the “floor” then in effect on the Term Loans; provided that, in determining the interest rate margins applicable to an Incremental Term Facility and the Term Loan Facility
AllIn Yield means, as to any Indebtedness, the yield thereof, whether in the form of interest rate, margin, original issue discount, upfront fees, an Eurodollar Rate or Base Rate floor greater than the “floor” then in effect on the Term Loans; provided that, in determining the interest rate margins applicable to an Incremental Term Facility and the Term Loan Facility (a) customary arrangement, structuring, commitment or other fees payable to the Arrangers (or their Affiliates) in connection with the Term Loans or to one or more arrangers (or their Affiliates) of any Incremental Term Facility shall be excluded, (b) original issue discount and upfront fees paid to the lenders thereunder shall be included (with original issue discount being equated to interest based on an assumed fouryear life to maturity or, if shorter, the actual Weighted Average Life to Maturity) and (c) if the Incremental Term Facility includes an interest rate floor greater than the applicable interest rate floor under the existing Term Loan Facility, such differential between interest rate floors shall be equated to the applicable interest rate margin for purposes of determining whether an increase to the interest rate margin under the existing Term Loan Facility shall be required, but only to the extent an increase in the interest rate floor in the existing Term Loan Facility would cause an increase in the interest rate then in effect thereunder, and in such case the interest rate floor (but not the interest rate margin) applicable to the existing Term Loan Facility may be increased to the extent necessary in respect of such differential between interest rate floors; provided further that each basis point increase to the interest rate floor of the Term Loans shall count as one basis point of increase in the interest rate margin to the Term Loans for purposes of the calculations under clause (d) of the definition of Permitted Incremental Facility.