Common use of Return on Average Equity Clause in Contracts

Return on Average Equity. “Return on Average Equity” shall mean twelve months GAAP net income plus (minus) certain Non Cash Items and Merger Expenses divided by average Tangible Net Worth, for the period ending November 30th.

Appears in 7 contracts

Sources: Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Mortgage Investments), Employment Agreement (Mfa Mortgage Investments)

Return on Average Equity. “Return on Average Equity” shall mean twelve months GAAP net income plus (minus) certain Non Cash Items and Merger Expenses divided by average Tangible Net Worth, for the period ending November 30th.

Appears in 2 contracts

Sources: Employment Agreement (Mfa Mortgage Investments), Employment Agreement (Mfa Mortgage Investments)

Return on Average Equity. Return on Average Equity" shall mean twelve months GAAP net income plus (minus) certain Non Cash Items and Merger Expenses divided by average Tangible Net Worth, for the period ending November 30th.

Appears in 2 contracts

Sources: Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Mortgage Investments)

Return on Average Equity. Return on Average Equity" shall mean twelve months GAAP net income plus (minus) certain Non Cash Items and Merger Expenses divided by average Tangible Net Worth, for the period ending November 30th.

Appears in 1 contract

Sources: Employment Agreement (Mfa Mortgage Investments)