Common use of Return on Equity Clause in Contracts

Return on Equity. Income from operations after taxes, divided by average equity, on a consolidated basis shall not be less than twelve percent (12%).

Appears in 2 contracts

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

AutoNDA by SimpleDocs

Return on Equity. Income from operations after taxes, divided by average equity, on a consolidated basis shall not be less than twelve ten percent (1210%).

Appears in 1 contract

Samples: Stock Pledge and Security Agreement (Community Bankshares Inc /Ga/)

AutoNDA by SimpleDocs

Return on Equity. Income from operations after taxes, divided by average equity, on a consolidated basis shall not be less than twelve percent (1212.0%).

Appears in 1 contract

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

Time is Money Join Law Insider Premium to draft better contracts faster.