Return on Average Total Assets Clause Samples

Return on Average Total Assets. The Borrower on a consolidated basis will have at the end of each Fiscal Quarter a Return on Average Total Assets for such Fiscal Quarter and the previous three Fiscal Quarters of not less than 0.80%, determined by taking the sum of the Return on Average Total Assets (adjusted for mergers, acquisitions and nonrecurring charges other than with respect to additional loan loss reserves or other loan quality deterioration) for each such Fiscal Quarter (as such figure is disclosed in the Borrower’s consolidated financial statements that are submitted to the Securities and Exchange Commission on Forms 10-K or 10-Q), divided by four (4).