MFRS definition

MFRS means Mexican Financial Reporting Standards, as issued from time to time by the Mexican Financial Reporting Standards Board (Consejo Mexicano de Normas de Información Financiera);

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MFRS means the Financial Reporting Standards in effect in Mexico issued by the Consejo Mexicano para la Investigación y Desarrollo de Normas de Información Financiera, A.C., or such standards or principles as may replace or modify them from time to time during the term of this Agreement.

MFRS means the Mexican Financial Reporting Standards consistently applied.

Examples of MFRS in a sentence

• Each Restricted Mutual Fund Share will remain restricted, and its unvested portion subject to forfeiture to the Company, unless and until that Restricted Mutual Fund Share has vested in the Employee in accordance with all of the terms and conditions of this Agreement and the MFRS Plan.

• The terms and conditions of the Restricted Stock Award and MFRS Award (collectively, the “Awards”) are set forth in this Restricted Stock and Mutual Fund Restricted Share Agreement (the “Agreement”), consisting of this Notice of Grant and the Terms and Conditions on the following pages.

• Government Loans (Amendments to MFRS 1) has no financial impact to the Group and the Bank as the Group and the Bank do not hold any government grants or receive any government assistance.

• The revised MFRS 119 has resulted in changes to the recognition and measurement of defined benefit pension expense and termination benefits, and to the disclosures for all employee benefits.

• The adoption of Amendments to MFRS 10, MFRS 12 and MFRS 127 is not expected to have any financial impact to the Group as the Bank is not an investment entity as defined in MFRS 10.

More Definitions of MFRS

MFRS means Mexican Financial Reporting Standards as issued from time to time by the Mexican Board of Research and Development of Financial Reporting Standards (Consejo Mexicano de Normas de Información Financiera).

MFRS means the annual financial data reported by NCAA members pursuant to NCAA Constitution, Article 2(D)(1)(c), in the form currently reported or as otherwise expressly permitted by this Injunctive Relief Settlement.

MFRS means accounting principles in accordance with Mexican Financial Reporting Standards.

MFRS means the set of regulatory, conceptual, and particular standards issued by the Consejo Mexicano para la Investigación y el Desarrollo de Normas de Información Financiera or transferred to Mexican Board, which regulate the information contained in the financial statements and their notes at a given place and date, which are widely and generally accepted by users of financial information.

MFRS means Mexican Financial Reporting Standards that are in effect from time to time; provided that, if at any time after the Issue Date the Company prepares its financial statements in accordance with IFRS in lieu of MFRS, the Company may, by giving written notice thereof to the Trustee, elect to apply IFRS in lieu of MFRS and, upon any such election references herein to “MFRS” shall thereafter be construed to mean IFRS as in effect from time to time.

MFRS means the Mexican Financial Reporting Standards (Normas de Información Financiera) as in effect from time to time.

MFRS means Malaysian Financial Reporting Standards in force from time to time.