Common use of Opportunity Cost Clause in Contracts

Opportunity Cost. The Opportunity Cost 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 Director pursuant to the Director Plan (Paragraph II hereinafter) plus the amount of all previous years’ after-tax Opportunity Cost, and multiplying that sum by the greater of either: (i) the average after tax yield of a one-year Treasury xxxx; or (ii) the Bank’s annualized after tax cost of funds as calculated from the Bank’s third quarter call report.

Opportunity Cost. The Opportunity Cost 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 Director Executive pursuant to the Director Executive Plan (Paragraph II hereinafter) plus the amount of all previous years’ ' after-tax Opportunity Cost, and multiplying that sum by the greater of either: (i) the average after tax yield of a one-year Treasury xxxx; or (ii) the Bank’s 's annualized after tax cost of funds as calculated from the Bank’s 's third quarter call report.

Opportunity Cost. The Opportunity Cost 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 Director Executive pursuant to the Director Executive Plan (Paragraph II hereinafter) plus the amount of all previous years’ after-tax Opportunity Cost, and multiplying that sum by the greater of either: (i) the average after tax yield of a one-year Treasury xxxx; or (ii) the Bank’s annualized after tax cost of funds as calculated from the Bank’s third quarter call report.

Opportunity Cost. The Opportunity Cost 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 Director pursuant to the Director Plan (Paragraph II hereinafter) plus the amount of all previous years’ ' after-tax Opportunity Cost, and multiplying that sum by the greater of either: (i) the average after tax yield of a one-year Treasury xxxx; or (ii) the Bank’s 's annualized after tax cost of funds as calculated from the Bank’s 's third quarter call report.