FASB definition

FASB means the Financial Accounting Standards Board.
FASB means Financial Accounting Standards Board.
FASB means the Financial Accounting Standards Board or any successor thereto.

Examples of FASB in a sentence

  • All references herein to consolidated financial statements of the Facility Guarantor and its Subsidiaries or to the determination of any amount for the Facility Guarantor and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Facility Guarantor is required to consolidate pursuant to FASB ASC 810 as if such variable interest entity were a Subsidiary as defined herein.

  • Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including the computation of any financial covenant) contained herein, Indebtedness of the Parent, its Subsidiaries and the Managed Companies shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 and FASB ASC 470–20 on financial liabilities shall be disregarded.

  • Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including the computation of any financial covenant) contained herein, Indebtedness of the Company and its Subsidiaries shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 and FASB ASC 470-20 on financial liabilities shall be disregarded.

  • All references herein to consolidated financial statements of the Parent and its Subsidiaries or to the determination of any amount for the Parent and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Parent is required to consolidate pursuant to FASB ASC 810 as if such variable interest entity were a Subsidiary as defined herein.

  • Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including the computation of any financial covenant) contained herein, Indebtedness of Holdings and its Subsidiaries shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 and FASB ASC 470-20 on financial liabilities shall be disregarded.


More Definitions of FASB

FASB means the Accounting Standards Codification of the Financial Accounting Standards Board.
FASB means the Financial Accounting Standards Board;
FASB. Shall have the meaning set forth in Section 24.1 (Financial Compliance).
FASB the Financial Accounting Standards Board of the American Institute of Certified Public Accountants.
FASB is defined in Section 2.12(a).
FASB means the Financial Accounting Standards Board whose purpose is to establish GAAP for nongovernmental entities within the United States.
FASB means the Financial Accounting Standards Board. “FERC” means the Federal Energy Regulatory Commission.