Net new revenue definition
Net new revenue means the actual net revenue resulting from a Qualified Development Project as determined for any given year by subtracting the Revenue Increment Base for a Qualifying TIF Area from the total net revenues generated in the Qualifying TIF Area in that given year.
Net new revenue means the actual net revenue resulting from a Qualified Development Project as determined for any given year by subtracting the Revenue Increment Base for a Qualifying TIF Area from
Net new revenue means Bookings less Churn.
Examples of Net new revenue in a sentence
Net new revenue recognized by IHS Energy in existing and new accounts arising out of or in connection with Yergin efforts and in accord with agreed strategy.
More Definitions of Net new revenue
Net new revenue means revenue, net of pass through advertising expenses, attributable to new clients referred by Sellers to Buyer after the Closing Date that are received by the Company during the first 24 months from the initial contract date with any such new referred clients for all initial contracts with such new referred clients that are entered into by the Company within five (5) years of the Closing Date. For the avoidance of doubt, any and all revenue received by the Company after the first 24 months of the initial contract date with any new referred clients shall be disregarded and shall not be deemed to be Net New Revenue. For illustrative purposes only, an example calculating Net New Revenue is attached as Annex A attached hereto. For the avoidance of doubt, revenue attributable to (w) clients that had business dealings with the Company on or prior to the Closing Date, (x) client contracts that existed as of the Closing Date, (y) new client contracts that are signed after the Closing Date with clients that had business dealings with the Company on or prior to the Closing Date, and/or (z) additional client contracts (i.e., beyond the initial contract) that are signed after the Closing Date with clients that were referred by Sellers, in each case, are excluded from the calculation of Net New Revenue. For illustrative purposes only, if (I) Sellers referred a new client to Buyer and such new client signed a five-year contract with the Company on January 1, 2026, then the Net New Revenue attributable to such new client would be the revenue, net of advertising expenses, paid by such new client to the Company during the 24-month period from January 1, 2026 through December 31, 2028; (II) the Sellers referred a new client to Buyer and such new client signed a five-year contract with the Company on January 1, 2030, then the Net New Revenue attributable to such new client would be the revenue, net of advertising expenses, paid by such new client to the Company during the 24-month period from January 1, 2030 through December 31, 2031; and (III) the Sellers referred a new client to Buyer and such new client signed a one-year contract with the Company on January 1, 2027, then the Net New Revenue attributable to such new client would be the revenue, net of advertising expenses, paid by such new client to the Company during the 12-month period from January 1, 2027 through December 31, 2027, and any revenue attributable to any additional contracts signed by such new client aft...