Net New definition
Examples of Net New in a sentence
For purposes of calculating Net New Appreciation, taxes and extraordinary expenses shall be excluded.
In addition, within twenty (20) days after the end of each calendar month, Licensee shall submit a non-binding report to PalmSource showing the total Net Revenue and Net New Release Revenue for such month.
The calculation of the number of Net New Jobs shall be made by ▇▇▇▇ ▇▇▇▇▇▇ or another similarly qualified economist or analyst selected by Triumph.
However, no subsequent incentive fees shall be paid to the Trading Advisor until the Trading Advisor has again achieved Net New Appreciation for the Partnership.
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.
Based on Partner’s net license sales or Net New Customer additions, Partner may advance through Silver and Gold tiers as applicable.
To the extent that a performance or payment bond is required, Service Provider may include the actual cost of any such bond in its bid to ALU and may submit an invoice, which ALU shall pay, for such bond in accordance with the applicable SOW, Net New Business Agreement, or similar agreement.
Bronze – annual net license revenue of $10,000 USD through $49,999 USD or a minimum of five(5) Net New Customers Silver – annual net license revenue of $50,000 USD through $99,999 USD or a minimum of ten (10) Net New Customers Gold – annual net license revenue of $100,000+ USD or a minimum of twenty (20) Net New Customers New partners will be placed in the Bronze tier upon execution of this Agreement.
The terms and conditions governing any decision to pursue Net New Business will be mutually agreed upon and memorialized in a written agreement (“Net New Business Agreement”).
Riva Authorised Partner’s must achieve a minimum net license revenue of $10,000 USD or five(5) Net New Customers per twelve (12) month period beginning October 1 and ending September 30.