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

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

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

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

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

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