FASB 133 definition

FASB 133 means Statement of Financial Accounting Standards No. 133.

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FASB 133 means Statement No. 133 of the Financial Accounting Standards Board, “Accounting for Derivative Instruments and Hedging Activities”, as amended or supplemented from time to time.

FASB 133 means the Statement of Financial Accounting Standards No. 133, or any successor statement thereto.

Examples of FASB 133 in a sentence

• In making any computation under Section 8.1, all adjustments to such computation or amount resulting from the application of FASB 133 shall be disregarded.

• Except as otherwise expressly provided herein, all accounting terms used herein shall be interpreted, and all financial statements and certificates and reports as to financial matters required to be delivered to the Lenders hereunder shall be prepared, in accordance with GAAP; PROVIDED that FASB 133 and 150 shall be ignored for all purposes of this Agreement.

• In making any computation or determining any amount by reference to any item appearing on the balance sheet or other financial statement of the Borrower and its Subsidiaries, all adjustments to such computation or amount resulting from the application of FASB 133 shall be disregarded.

• The Borrower will not permit its Tangible Net Worth at any time to be less than the sum of (1) $139,943,849.40 plus (2) fifty percent (50%) of the Net Cash Proceeds from the sale of any Equity Interests of the Borrower after the Effective Date; provided, however, that non-cash gains and losses, including, without limitation, FASB 133, 142, 143 and 144 non-cash gains and losses shall be excluded from the foregoing calculation (to the extent otherwise included therein).

• In addition, the effects of FASB 133 shall be excluded for purposes of determining compliance with each of the financial covenants contained in ss.11 of the Credit Agreement.

More Definitions of FASB 133

FASB 133 means Statement No. 133 of the Financial Accounting Standards Board as it applies to Hedging Agreements.

FASB 133 is defined in the definition of "Adjusted Tangible Net Worth".

FASB 133. Statement of Financial Accounting Standards No. 133 – “Accounting for Derivative Instruments and Hedging Activities” issued by the Financial Accounting Standards Board. “FATCA”: Sections 1471 through 1474 of the Code, as amended, any regulations thereunder or other official interpretations thereof, any agreements entered into pursuant to Section 1471(b)(1) of the Code and any intergovernmental agreements (including any foreign legislation, rules, regulations, guidance notes or other, similar guidance adopted pursuant to or implementing such agreements) entered into in connection with such Sections. “FATCA Withholding Tax”: Any withholding or deduction required pursuant to FATCA. 19

FASB 133 is hereby added to Section 1.1 of the Credit Agreement:

FASB 133. Statement No. 133 of the Financial Accounting Standards Board as it applies to Hedging Agreements."

FASB 133. Statement of Financial Accounting Standards No. 133 – “Accounting for Derivative Instruments and Hedging Activities” issued by the Financial Accounting Standards Board. 20

FASB 133. Statement of Financial Accounting Standards No. 133 – “Accounting for Derivative Instruments and Hedging Activities” issued by the Financial Accounting Standards Board. “FATCA”: Sections 1471 through 1474 of the Code, as amended, any regulations thereunder or other official interpretations thereof, any agreements entered into pursuant to Section