CAREFULLY READ THE FOLLOWING LICENSE AGREEMENT ("
BY CLICKING THE "I
ACCEPT" BUTTON, YOU ACCEPT AND AGREE TO BE BOUND BY THE TERMS OF THIS AGREEMENT. IF
YOU ARE NOT WILLING TO ACCEPT THE TERMS OF THIS AGREEMENT, YOU MAY NOT ACCESS THE
CODIFICATION (AS HEREINAFTER DEFINED) OR USE IT IN ANY WAY.
THE CODIFICATION IS BEING MADE AVAILABLE TO YOU FOR YOUR USE IN ACCORDANCE WITH THE
TERMS HEREOF. THE CODIFICATION IS NOT SOLD TO YOU AND YOU DO NOT ACQUIRE ANY RIGHTS
IN OR TO IT OUTSIDE OF THE LICENSE RIGHTS EXPRESSLY GRANTED BY THIS AGREEMENT.
Financial Accounting Foundation
This document, as the same may be amended or modified from time to time by the FAF and posted on the Codification
, is an agreement (“
”) between you (the natural person, business entity, governmental body,
educational institution, or other for-profit or not-for profit organization) (
“You” or, as the text requires, “Your”
), who is
agreeing to these terms in exchange for access to the Codification (as hereinafter defined), and the Financial Accounting
Foundation (the “
”), the owner of the Codification.
” means, for any person or entity, patents (including patent applications), know-how,
trademarks, trade names, service marks, domain names, trade dress, logos or other identifying indicia, trade secrets, copyrights
and copyrighted materials, software, confidential information, systems, technology, supplier data and access to any other
intellectual property owned or controlled by, or licensed to such person or entity.
” means the
FASB Accounting Standards Codification
electronic research system developed
and released by the Financial Accounting Standards Board of the FAF (the “
”) which houses, reorganizes and indexes
United States financial accounting standards and related literature, as the same may be amended from time to time in the sole
discretion of the FAF and/or the FASB, and as is made available under this Agreement.
. For the duration of the Term, provided that You are not in breach of any term or condition of this
Agreement, the FAF hereby grants to You, and You hereby accept, subject to the terms and conditions of this Agreement, a
non-exclusive, non-transferable and nonassignable license, without the right to sublicense, to access the Codification. Except
for Internet access software (such as a browser), all software used in connection with the Codification shall be hosted by or at
the direction of the FAF. Accordingly, no physical media containing the Codification shall be provided to You.
have no right to electronically copy or reproduce the Codification or any portion thereof on any storage device, including
without limitation, CD-ROMs, tapes, flash drives, hard drives or network servers, or repurpose all or any portion of the
Codification or any derivate work thereof in any electronic or machine readable form for any purpose; provided, however, that