Common use of Cost of Funds Expense Clause in Contracts

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "Index" plus the amount of any after-tax benefits paid to the Executive pursuant to the Executive Plan (Paragraph II hereinafter) plus the amount of all previous years' after-tax Cost of Funds Expense, and multiplying that sum by the Average After-Tax Cost of Funds (Subparagraph I [K]).

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "Index" plus the amount of any after-tax benefits paid to the any Executive pursuant to the Executive Plan (Paragraph II hereinafter) plus the amount of all previous years' years after-tax Cost Costs of Funds Expense, and multiplying that sum by the Average After-Tax Cost of Funds ([Subparagraph I [(K)]).

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "“Index" ” plus the amount of any after-tax benefits paid to the Executive any Director pursuant to the Executive Director Plan (Paragraph II hereinafter) plus the amount of all previous years' years after-tax Cost Costs of Funds Expense, and multiplying that sum by the Average Afterafter-Tax Cost of Funds tax thirty day (Subparagraph I [K])30) mortgage repurchase rate.

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "“Index" ” plus the amount of any after-tax benefits paid to the Executive pursuant to the Executive Plan (Paragraph II hereinafter) plus the amount of all previous years' ’ after-tax Cost Costs of Funds Expense, and multiplying that sum by the Average AfterTax-Tax Adjusted Cost of Funds (Subparagraph I [KL]).

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "“Index" ” plus the amount of any after-tax benefits paid to the Executive pursuant to the Executive Plan (Paragraph II H hereinafter) plus the amount of all previous years' ’ after-tax Cost Costs of Funds Expense, and multiplying that sum by the Average AfterTax-Tax Adjusted Cost of Funds (Subparagraph I [KL]).

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "Index" plus the amount of any after-tax benefits paid to the Executive Director pursuant to the Executive Director Plan (Paragraph II hereinafter) plus the amount of all previous years' after-tax Cost Costs of Funds Expense, and multiplying that sum by the Average After-Tax Cost of Funds (Subparagraph I [K]).

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "“Index" ” plus the amount of any after-tax benefits paid to the Executive pursuant to the Executive Plan (Paragraph II hereinafter) plus the amount of all previous years' ’ after-tax Cost of Funds Expense, and multiplying that sum by the Average After-Tax Cost of Funds ([Subparagraph I [K(L)]).

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "Index" plus the amount of any after-tax benefits paid to the Executive pursuant to the Executive Plan (Paragraph II hereinafter) plus the amount of all previous years' years after-tax Cost Costs of Funds Expense, and multiplying that sum by the Average After-Tax Cost of Funds ([Subparagraph I [(K)]).

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be is calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "“Index" ” plus the amount of any after-tax benefits paid to the Executive pursuant to under the Executive Plan (Paragraph II hereinafter) plus the amount of all previous years' years after-tax Cost Costs of Funds Expense, and multiplying that sum by the Average After-Tax Cost of Funds (Subparagraph I [K]).

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "“Index" ” plus the amount of any after-tax benefits paid to the Executive pursuant to the Executive Plan (Paragraph II hereinafter) plus the amount of all previous years' years after-tax Cost Costs of Funds Expense, and multiplying that sum by the Average After-Tax Cost of Funds ([Subparagraph I [(K)]).

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "“Index" ” plus the amount of any after-tax benefits paid to the any Executive pursuant to the Executive Plan (Paragraph II hereinafter) plus the amount of all previous years' years after-tax Cost Costs of Funds Expense, and multiplying that sum by the Average Afterafter-Tax Cost of Funds (Subparagraph I [K])tax thirty {30) day mortgage repurchase rate.

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "Index" plus the amount of any after-tax benefits paid to the Executive Director pursuant to the Executive Director Plan (Paragraph II hereinafter) plus the amount of all previous years' after-tax Cost of Funds Expense, and multiplying that sum by the Average After-Tax Cost of Funds (Subparagraph I [K]).

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "“Index" ” plus the amount of any after-tax benefits paid to the Executive Director pursuant to the Executive Director Plan (Paragraph II hereinafter) plus the amount of all previous years' years after-tax Cost Costs of Funds Expense, and multiplying that sum by the Average After-Tax Cost of Funds ([Subparagraph I [(K)]).

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "“Index" ” plus the amount of any after-tax benefits paid to the Executive any Director pursuant to the Executive Director Plan (Paragraph II hereinafter) plus the amount of all previous years' years after-tax Cost Costs of Funds Expense, and multiplying that sum by the Average After-Tax Cost of average Federal Funds (Subparagraph I [K])for the Plan Year as quoted in the Wall Street Journal.

Cost of Funds Expense. The Cost of Funds Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums for the life insurance policies described in the definition of "“Index" ” plus the amount of any after-tax benefits paid to the Executive Director pursuant to the Executive Director Plan (Paragraph II hereinafter) plus the amount of all previous years' ’ after-tax Cost Costs of Funds Expense, and multiplying that sum by the Average After-Tax Cost of Funds ([Subparagraph I [(K)]).