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

Sources: 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/)

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

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