FAS 112 definition
Examples of FAS 112 in a sentence
All accruals required under FAS 106 and FAS 112 have been properly accrued on the most recently issued quarterly financial statements.
Except as disclosed on Schedule 4.17(j), the Company has not incurred any liability under FAS 106 or FAS 112.
As of the Spin-Off Date, Allegiance (or the applicable Allegiance Subsidiary) shall assume all liabilities determined under FAS 112 relating to all Allegiance Employees.
As of the Distribution Date, Edwards (or the applicable Edwards Subsidiary) shall assume all Liabilities determined under FAS 112 relating to all Edwards U.S. Employees.
The Transferred Benefit Plan Liability Amount as of the Effective Time shall be determined using the projected benefit obligation as defined by FAS 87, FAS 112, FAS 132, and FAS 158 using census information as of the Closing Date (and Purchaser and ARM will agree, if appropriate, to include the employees who were hired between December 31, 2000 and May 5, 2001) and the same assumptions used to produce the December 31, 2006 FAS 87, 112, 132 and 158 valuations, except that the discount rate shall be 4.60%.
For clarity of administration of the formula rate, this specifically includes (but is not limited to) transmission-related amounts related to Amortization of Book Premiums on Reacquired Debt, Pension Expense Provision, Loss on Reacquired Debt, FAS 112 and Electric Rate Case Expense – Regulatory Asset – Current.
This Section 7.5(f) will not apply to any international welfare and retirement plans, or to unfunded welfare and retirement plans, including, but not limited to, LTD/STD FAS 112; Post Retirement Medical; Supplemental Executive Retirement Plan; Clorox Non-Qualified Deferred Compensation; First Brands Non-Qualified Deferred Compensation.
The management of the Company is fully reserved to the Member, and the Company shall not have “managers,” as that term is used in the Act.
Section 3.21(m) of the Disclosure Schedule sets forth the amount of any FAS 112 Liability that has been booked.
Notwithstanding any other Section in this Agreement, BDPH shall assume all liabilities (whether incurred before, during or after the Closing) with respect to the FAS 106 and FAS 112 liabilities (including, but not limited to, PostRetirement and Post-Employment Benefits) of the Business Employees.