definiens: means, for any CP Tranche Period for any Conduit Investor, the peronnum rate equivalent to the weighted average cost ( as determined by the related AdministrativeAgent, and which shall include ( without duplication ) the fees and commissions of placementagents and dealers, incremental carrying costs incurred with respect to Commercial Papermaturing on dates other than those on which corresponding funds are received by such ConduitInvestor, other borrowings by such Conduit Investor and any other costs associated with theissuance of Commercial Paper ) of or related to the issuance of Commercial Paper that areallocated, in whole or in part, by such Conduit Investor or its related Administrative Agent tofund or maintain the related Tranche during such CP Tranche Period ( and which may also beallocated in part to the funding of other assets of the Conduit Investor ) ; provided, however, thatNYI 6695871v.14 7aoaooaooooaOif any component of any such rate is a discount rate, in calculating the for suchTranche for such CP Tranche Period, the related Administrative Agent shall for such componentuse the rate resulting from converting such discount rate to an interest bearing equivalent rute perannum