FASB 106 definition

FASB 106 means Statement of Financial Accounting Standards No. 106 promulgated by the Financial Accounting Standards Board.
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FASB 106 means Financial Accounting Standards Board Statement No. 106, as in effect on the date of this Agreement, specifying applicable accounting principles with respect to accrual of the expected cost of providing post retirement benefits to employees or their dependents.
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Examples of FASB 106 in a sentence

  • Notwithstanding anything to the contrary contained in this Agreement, post-retirement employee benefit expenses will be taken into account in the calculation of Profit in the same manner that they would have been taken into account prior to the adoption of FASB 106.

  • As far as applicable, the same principle applies with regard to retirement benefit liabilities other than pensions (FASB 106).

  • Comverse shall provide consulting services with respect to the Company's public relations, including without limitation, reviewing accounting pronouncements and advising the Company on proper accounting and reportable amounts related to pronouncements [(such as FASB 106 and FASB 109)].

  • CTI shall provide consulting services with respect to the Company's public relations, including without limitation, reviewing accounting pronouncements and advising the Company on proper accounting and reportable amounts related to pronouncements (such as FASB 106 and FASB 109).

  • FASB 106 liability allocation based on actuarial report as of 12/31/98.

  • Expenses relating to FASB 106 and FASB 112, post- -------- retirement and long term disability benefits [CONFIDENTIAL INFORMATION CONTAINED HERE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION].

  • BGC Partners has made available to eSpeed copies of all such BGC Partner Plans and to the extent applicable financial (including FASB 106 with respect to any Retiree Welfare Plan) or actuarial reports.

  • Neither Borrower nor any ERISA Affiliate has any contingent liability in excess of $1,500,000 with respect to any post-retirement "welfare benefit plan" (as such term is defined in ERISA) that is required to be reflected on Borrower's financial statements under FASB 106, except as so reflected in such financial statements or as has been disclosed to Administrative Agent in writing.