ASU definition

ASU means the Accounting Standards Update 2016-02, Leases (Topic 842) by the Financial Accounting Standards Board issued on February 25, 2016.

ASU has the meaning assigned to such term in Section 1.04.

Examples of ASU in a sentence

Vendor agrees to submit to ASU or its representative for prior approval all products, signs, literature and other displays and advertisement material (hereafter collectively referred to as “products and materials”) prior to their display and/or sale.
ASU in its sole discretion may grant or withhold its approval from the use of said products and materials and Vendor is prohibited from displaying or selling any unapproved products and materials.
If Vendor breaches any of the provisions of this Agreement, ASU, at its option, may immediately terminate Vendor’s occupancy; retain any fees paid by Vendor, and cause Vendor to remove itself from the designated Area.
Products and materials shall be submitted to ASU for approval no later than five (5) days prior to the beginning of the Occupancy Period.

ASU has the meaning specified in Section 1.03.

ASU means Accounting Standards Update. “bbl” or “bbls” means barrel or barrels.

ASU means Accounting Standards Update. “Bbl” or “Bbls” means barrel or barrels. “Bcf” means billion cubic feet.

ASU means Accounting Standards Update. “bbl” or “bbls” means barrel or barrels. “bbls/d” means barrels per day.

ASU has the meaning assigned to it in the definition of “Finance Lease Obligation.”