LIBOR based floating rate index, the spread shall be deemed to be the all-in rate minus LIBOR as in effect for the current Interest Period for which the Weighted Average Spread is being determined; (b) any Partial PIK Security, the spread shall be deemed to be that portion of the spread that may not be deferred (without de

LIBOR based floating rate index, the spread shall be deemed to be the all-in rate minus LIBOR as in effect for the current Interest Period for which the Weighted Average Spread is being determined; (b) any Partial PIK Security, the spread shall be deemed to be that portion of the spread that may not be deferred (without de

IBOR based floating rate index, the spread shall be deemed to be the all-in rate minus LIBOR as in effect for the current Interest Period for which the Weighted Average Spread is being determined; (b) any Partial P1K Security, the spread shall be deemed to be that portion of the spread that may not be deferred (without def

loating rate Collateral Obligations as of such Measurement Date, provided that (x) Defaulted Obligations will not be included in the calculation of the Weighted Average Spread, (y) for any Partial Deferrable Obligation, any interest that has been deferred and capitalized thereon will be excluded and (z) the unfunded porti