Common use of Return on Assets Clause in Contracts

Return on Assets. Income from operations after taxes, divided by average assets, on a consolidated basis shall not be less than one and one-tenth percent (1.10%).

Appears in 3 contracts

Samples: Revolving Credit/Term Loan Agreement (Community Bankshares Inc /Ga/), Revolving Credit/Term Loan Agreement (Community Bankshares Inc /Ga/), Revolving Credit/Term Loan Agreement (Community Bankshares Inc /Ga/)

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Return on Assets. Income from operations after taxes, divided by average assets, on a consolidated basis shall not be less than nine-tenths of one and one-tenth percent (1.100.9%).

Appears in 1 contract

Samples: Revolving Credit/Term Loan Agreement (Community Bankshares Inc /Ga/)

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