FAS 150 definition
Examples of FAS 150 in a sentence
No Equity Interest of Borrower or any of the Guarantors requires classification as a liability in such Person’s statements of financial position pursuant to FAS 150.
Notwithstanding anything to the contrary herein, the application of GAAP shall not include FAS 150.
Notwithstanding anything to the contrary in the foregoing, the definitions set forth in the Credit Documents and any financial calculations required by the Credit Documents shall be computed to exclude (a) the application of FAS 150 with respect to the accounting treatment of any preferred stock issued by the Borrower and (b) any m▇▇▇-to-market adjustments to any derivatives (including embedded derivatives contained in other debt or equity instruments under FAS 133).
Except as provided in clause (d) of the definition of the term “Debt”, in no event shall any capital stock be deemed to constitute Debt or any payment of any dividend or distribution thereon be deemed to constitute interest solely as a result of the application of FAS 150.
In addition, the financial ratios and related definitions set forth in the Loan Documents shall be computed to exclude the application of ▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇, FAS 133, FAS 150 or FAS 123r (to the extent these pronouncements under FAS 123r result in recording an equity award as a liability on the consolidated balance sheet of the BV Borrower and its Restricted Subsidiaries in the circumstance where, but for the application of the pronouncements, such award would have been classified as equity).
Notwithstanding anything to the contrary in the foregoing, the definitions set forth in the Credit Documents and any financial calculations required by the Credit Documents shall be computed to exclude (a) the application of FAS 150 with respect to the accounting treatment of any preferred stock issued by Borrower and (b) any m▇▇▇-to-market adjustments to any derivatives (including embedded derivatives contained in other debt or equity instruments under FAS 133).
Except as provided in clause (vi) of the definition of the term “Debt”, in no event shall any capital stock be deemed to constitute Debt or any payment of any dividend or distribution thereon be deemed to constitute interest solely as a result of the application of FAS 150.
In addition, the financial ratios and related definitions set forth in the Loan Documents shall be computed to exclude the application of FAS 133, FAS 150 or FAS 123r (to the extent that the pronouncements in FAS 123r result in recording an equity award as a liability on the Consolidated balance sheet of Holdings and its Subsidiaries in the circumstance where, but for the application of the pronouncements, such award would have been classified as equity).
Equity of Borrower that is transferred to long term liabilities associated with the annual accounting adjustment FAS 150 $ _______ D.