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: (i) from the effective date hereof through December 31, 2003, seven-tenths of one percent (0.70%); and (ii) from January 1, 2004 until the Revolving Maturity Date, eighty-five hundredths of one percent (0.85%). 4. Section 7.04 "Return on Equity" of ARTICLE VII FINANCIAL COVENANTS of the Prior Loan Agreement is hereby deleted in its entirety and the following new Section inserted in its place:

Return on Assets. Income from operations after taxes, divided by average assets, on a consolidated basis shall not be less than: (i) from the effective date hereof through December 31until June 29, 20032002, seveneight-tenths of one percent (0.700.80%); and (ii) from January 1June 30, 2004 2002 until the Revolving Maturity Date, eighty-five hundredths of one percent (0.851.0%). 4. Section 7.04 "Return on Equity" of ARTICLE VII FINANCIAL COVENANTS of the Prior Loan Agreement is hereby deleted in its entirety and the following new Section inserted in its place: