Common use of Return on Assets Clause in Contracts

Return on Assets. Income from operations after taxes, divided by average assets, for each of Borrower's bank Subsidiaries shall be not less than one and one-tenth percent (1.10%).

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (First State Corp /Ga/)

Return on Assets. Income from operations after taxes, divided by average assets, for each of Borrower's bank Subsidiaries Bank shall be not less than eight-tenths of one and one-tenth percent (1.10.8%).

Appears in 1 contract

Sources: Term Loan Agreement (Citizens Bancshares Corp /Ga/)