First Year Net Revenue definition

First Year Net Revenue or “FYNR” means, with respect to a Qualified Purchase, the software license and/or subscription fees owed by the referred IPsoft Customer for such purchase (net of any discounts, taxes payable, and subsequent refunds unless due to incorrect invoicing or a contract breach by IPsoft) over the 12-month period beginning on the applicable Order Form start date. First Year Net Revenue does not include fees for support, implementation, customization, training, consulting or other professional services, or fees for third-party products or services.
First Year Net Revenue means, with respect to a particular Opportunity, Net Revenue from that Opportunity over the 12-month period beginning on the subscription start date of that Opportunity.
First Year Net Revenue means, with respect to a Qualified Purchase, the subscription fees owed by Our applicable referred customer by reason of such Qualified Purchase (net of any discounts, taxes payable and subsequent refunds not due to incorrect invoicing or a contract breach by Us) over the 12- month period beginning on the subscription start date of the Qualified Purchase. First Year Net Revenue does not include fees for support, implementation, customization, training, consulting or other professional services, or fees for third-party products or services.

Examples of First Year Net Revenue in a sentence

  • First Year Net Revenue does not include fees for support, implementation, customization, training, consulting or other professional services, or fees for third-party products or services.o “Lead” means Partner’s referrals to IPsoft for potential or existing Customers with the intent of closing net new business through IPsoft’s sales organization.

  • First Year Net Revenue does not include fees for support, implementation, customization, training, consulting or other professional services, or fees for third-party products or services.• “IPsoft” means Amelia US LLC, a Delaware limited liability company, OR IPsoft Government Solutions LLC, a Delaware limited liability company, if Partner is located in the United States of America and certain other jurisdictions.

  • Criteria Geography, region & country based on customer locationIncludes customer locations in Designated Territories found in countries within NA1, EMEA2, APAC3 and Public Sector4 regions based on IPsoft sales coverage as of the Version Date.5Referral Fee Payment CalculationSOURCED: Partners are eligible to receive a percentage payout for First Year Net Revenue if a Qualified Lead is submitted according to the published process.

  • Criteria Geography, region & country based on customer locationIncludes customer locations in Designated Territories found in countries within NA1, EMEA2, APAC3, LatAm4, and Public Sector5 regions based on IPsoft sales coverage as of the Version Date.6Referral Fee Payment CalculationSOURCED: Partners are eligible to receive a percentage payout for First Year Net Revenue for pilots, production, or both, if a Qualified Lead is submitted according to the published process.

  • Unless otherwise specified, for each Opportunity that You submit to Us and which is accepted by Us and that results in a Qualified Purchase, We will pay You a referral fee, of five (5%) percent of First Year Net Revenue for such Qualified Purchase.

  • Fees paid are based on a percentage of the First Year Net Revenue.

  • Unless otherwise specified in the Program Policies for Your Program Type, for each Opportunity that You submit to Us and which is accepted by Us and that results in a Qualified Purchase, We will pay You a referral fee, in an amount as specified in the Program Policies as applicable to Your Program Type and Program Level and location based upon the First Year Net Revenue for such Qualified Purchase.

  • First Year Net Revenue does not include fees for support, implementation, customization, training, consulting or other professional services, or fees for third-party products or services.• “Amelia” means Amelia US LLC, a Delaware limited liability company, OR Amelia Government Solutions LLC, a Delaware limited liability company, if Partner is located in the United States of America and certain other jurisdictions.

Related to First Year Net Revenue

  • First Year means the intake group of Students for the most junior class or year in a school.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Earnout Period has the meaning set forth in Section 3.6(a).

  • Relevant Year t means the Financial Year for the purposes of which any calculation falls to be made; "Relevant Year t-1" means the Financial Year preceding Relevant Year t, and similar expressions shall be construed accordingly;

  • future net revenue means a forecast of revenue, estimated using forecast prices and costs or constant prices and costs, arising from the anticipated development and production of resources, net of the associated royalties, operating costs, development costs, and abandonment and reclamation costs;

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of one hundred eighty (180) months. Should the Executive make a Timely Election to receive a lump sum benefit payment, the Executive's Payout Period shall be deemed to be one (1) month.

  • Net Revenues means the difference between:

  • Gross Profits means the gross profits calculated under section 4;

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Earn-Out Period has the meaning set forth in Section 2.6.1.

  • Budget year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Year 1 means the year next following the export date and “year” followed immediately by any other numeral has a corresponding meaning; reference in this Agreement to an Act shall include the amendments to such Act for the time being in force and also any Act passed in substitution therefor or in lieu thereof and the regulations for the time being in force thereunder; power given under any clause of this Agreement other than clause 17 hereof to extend any period or date shall be without prejudice to the power of the Minister under the said clause 17; marginal notes shall not affect the interpretation or construction hereof; the phases in which it is contemplated that this Agreement will operate are as follows —

  • Gross Revenue means:

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA; ‘HESA’ means the Higher Education Support Xxx 0000; ‘maximum basic grant amount’ or ‘MBGA’ has the same meaning as in subclause 1(1) of Schedule 1 of HESA.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.