Net New definition

Net New means the extent to which the average number of full-time employment positions in the current tax year exceeds the average number of full-time employment positions in the previous tax year at a facility.
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Net New means gross sales (new recurring subscription sales plus non-recurring sales) less subscription cancellations.
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Net New means the number of dwelling units that are permitted under 12 the Downtown Revitalization approval process after the effective date of the Downtown 13 Columbia Plan (including the dwelling units in The Metropolitan and Parcel C as described in 14 Recital 5 above, but excluding the dwelling units approved in SDP-05-90 (Little Patuxent Square) 15 and also excluding all units in development projects financed with LIHTC, as described herein) in 16 excess of the number of dwelling units that are shown on a site development plan for property 17 located within Downtown Columbia that was approved prior to the effective date of the 00 Xxxxxxxx Xxxxxxxx Plan.
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Examples of Net New in a sentence

  • Partner must maintain its Tier Status to continue to receive the associated benefits with that tier by referring Qualified Opportunities that convert into Qualified Contracts that contribute the necessary Net New ARR before the end of each calendar year.

  • Such audits shall be limited to the determination of the Net New Sales of the Product as defined herein and shall be conducted at Buyer’s office during normal business hours and after reasonable prior notice.

  • Seller (or a representative designated by Seller) shall have the right exercisable by written notice to Buyer within 30 days of receipt of the Earn-Out Statement, to make independent examinations or audits of Buyer’s books, records and accounts which pertain to or show Net New Sales of the Product.

  • On or before March 31, 201_, Buyer shall prepare and deliver to Seller a statement (the “Earn-Out Statement”) showing the calculation of the Net New Sales of the Product, along with the Earn-Out Payment, if any is due.

  • For each Project Year listed above, ESD will disburse the amount listed for that Project Year, in arrears, provided that the Recipient: (a) makes one hundred percent (100%) of the required investment for that Project Year, and (b) achieves eighty-five percent (85%) of the Net New Jobs (Cumulative) for that Project Year (cumulatively, the “Disbursement Criteria”).

  • At the end of each calendar year, Partner’s Tier Status will be increased or decreased if Partner does not achieve the Net New ARR threshold, Partner's Tier Status will be adjusted to the appropriate tier based on the Net New ARR contributed in the prior calendar year.

  • At the end of each calendar year, Partner’s Tier Status will be increased or decreased depending on the Net New ARR Threshold the Partner achieves and, Partner's Tier Status will be adjusted to the appropriate tier based on the Net New ARR contributed in the prior calendar year.

  • Unless otherwise approved by Company, a subsidiary, division or otherwise related organization of an existing Riva Customer is not considered a Net New Customer Products Company owned solutions including, but not limited to, Riva On- Premise, Riva Cloud, Riva for Marketo and Riva Insight Portal Company’s managed access hub for all Partner related activity, Lead registration and program communication Term Duration of this agreement.

  • If in any Project Year the Recipient’s number of Net New Jobs (Cumulative) is less than the Net New Jobs (Cumulative) component of the Disbursement Criteria (an “ Employee Shortfall”), that was required for disbursement in either of the immediately preceding two (2) Project Years, ESD shall have the right to recapture the grant funds disbursed for either such or both prior two (2) Project Years.

  • Clients Prospective or current customers of Partner that are referred to Company Lead Prospective sales opportunities that Partner will refer to Company Net New Customer A Client who has purchased a Riva Product for the first time.


More Definitions of Net New

Net New means new [*] matters which have not previously been invoiced and shall not apply to existing [*] matters, subscriptions or renewals.
Sample 1Sample 2
Net New square footage means square footage constructed in excess of the redevelopment of the central box (i.e., the space previously occupied by Nordstrom), the construction of the Central Plaza, and the construction of a large-format entertainment use and associated parking and site improvement.
Sample 1
Net New means the number of dwelling units that are permitted under the Downtown Revitalization approval process after the effective date of the Downtown Columbia Plan (including the dwelling units in The Metropolitan and Parcel C as described in Recital 5 above, but excluding the dwelling units approved in SDP-05-90 (Little Patuxent Square)) in excess of the number of dwelling units that are shown on a site development plan for property located within Downtown Columbia that was approved prior to the effective date of the Downtown Columbia Plan.
Sample 1
Net New means the number of dwelling units that are permitted under 6 the Downtown Revitalization approval process after the effective date of the Downtown 7 Columbia Plan (including the dwelling units in The Metropolitan and Parcel C as described in 8 Recital 5 above, but excluding the dwelling units approved in SDP-05-90 (Little Patuxent 9 Square)) in excess of the number of dwelling units that are shown on a site development plan for 10 property located within Downtown Columbia that was approved prior to the effective date of the 00 Xxxxxxxx Xxxxxxxx Plan.
Sample 1

Related to Net New

  • Total Funded Debt means all Funded Debt of the Borrower and its Consolidated Subsidiaries, on a consolidated basis, as determined in accordance with GAAP.

  • Consolidated Senior Secured Net Leverage Ratio means, for any Measurement Period, the ratio of (a) Consolidated Senior Secured Net Debt for Borrowed Money to (b) Consolidated EBITDA, in each case for such period.

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • EBITDAX means, for any period, the sum of Consolidated Net Income for such period plus the following expenses or charges to the extent deducted from Consolidated Net Income in such period: interest, income taxes, depreciation, depletion, amortization, exploration expenses and other similar noncash charges, minus all noncash income added to Consolidated Net Income.

  • Total Net Funded Debt means, as at any relevant date:

  • Senior Net Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Indebtedness on such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in which financial statements for each quarter or fiscal year in such period have been or were required to be delivered pursuant to Section 5.01(a) or (b) without giving effect to any grace period applicable thereto.

  • Consolidated Total Funded Debt means, as of the date of determination, the aggregate principal amount of all Funded Debt of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Qualified new job means 1 of the following:

  • Secured Net Leverage Ratio means, on any date, the ratio of (a) Consolidated Secured Net Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.

  • Senior Secured Net Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Secured Indebtedness on such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in which financial statements for each quarter or fiscal year in such period have been or were required to be delivered pursuant to Section 5.01(a) or (b) without giving effect to any grace period applicable thereto.

  • Consolidated Net Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date, minus unrestricted cash and Cash Equivalents of the Loan Parties on deposit with financial institutions located in the United States, not to exceed $75,000,000 to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries on a consolidated basis for the most recently completed Measurement Period.

  • Consolidated Current Ratio means, as of any date of determination, the ratio of (a) Consolidated Current Assets as of such date to (b) Consolidated Current Liabilities as of such date.

  • Consolidated Total Debt to Consolidated EBITDA Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Debt as of the last day of the relevant Test Period to (b) Consolidated EBITDA for such Test Period.

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.

  • Current Ratio means the ratio of Current Assets to Current Liabilities.

  • Consolidated Secured Net Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Debt as of such date that is then secured by Liens on property or assets of the Company and its Restricted Subsidiaries as of any date of determination to (b) EBITDA of the Company and its Restricted Subsidiaries for the most recently ended Test Period on or prior to such date, in each case with such pro forma adjustments as are consistent with the pro forma adjustments set forth in the definition of “Interest Coverage Ratio.”

  • Quarter Date means each of 31 March, 30 June, 30 September and 31 December.

  • First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Indebtedness as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Allocation Ratio With respect to any Series, as defined in the related Supplement.

  • Loss Horizon Ratio means, as of any date of determination, a fraction (expressed as a percentage), (a) the numerator of which is the aggregate initial Unpaid Balance of all Receivables originated by each Originator during the immediately preceding four Settlement Periods then most recently ended and (b) the denominator of which is the Net Portfolio Balance as of the Cut-Off Date of the most recently ended Settlement Period.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such Test Period.

  • Consolidated Senior Secured Net Debt means, as of any date of determination, Consolidated Net Debt that is secured by a Lien on any asset or property of any Loan Party or any Restricted Subsidiary.

  • Net Total Leverage Ratio means on any date, the ratio of (A) (i) the sum of, without duplication, (x) the aggregate principal amount of any Consolidated Debt consisting of Loan Obligations outstanding as of the last day of the Test Period most recently ended as of such date (other than Excluded Transaction Debt) and (y) the aggregate principal amount of any other Consolidated Debt of the Borrower and its Subsidiaries as of the last day of such Test Period (other than Excluded Transaction Debt) less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income: