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.

Net New means gross sales (new recurring subscription sales plus non-recurring sales) less subscription cancellations.

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.

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.

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.

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.

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.