New Business definition

New Business as used herein, shall mean any matter not known about or which could not have been reasonably foreseen prior to the time of posting. (25 O.S. 311a(9))

New Business means a business that satisfies all of the following tests:

New Business means a business in which the prospective purchaser is

Examples of New Business in a sentence

• All transactions including New Business, Renewal, Mid-Term Changes and Cancellation will incur additional Administration and Processing Fees.

• New Business Bonus shall only be calculated on paid premium associated with risk business.

• The Board may place on the agenda of the regular Board meetings under "New Business" those matters to be presented by the Council to the Board for consideration of such matters outside the contract.

• The Company and the Union, after consultation with its affected members, may consider and after due process, mutually agree to implement creative solutions for such New Business Development opportunities.

• A product specific New Business checklist will be provided which details all the documentation required for setting up any of the plans.

More Definitions of New Business

New Business means a business in which the prospective purchaser is not currently engaged, or a new line or type of business.

New Business means a person that did not exist as a business in any form and that has been in existence for less than three years;

New Business means any assets or business acquired by Company or any of its Subsidiaries in a Permitted Acquisition.

New Business means a business not previously conducted in the Commonwealth by such taxpayer and that begins operation in an enterprise zone after the zone was designated. A new business is also one created by the establishment of a new facility and new permanent full-time employment by an existing business firm in an enterprise zone and does not result in a net loss of permanent full-time employment outside the zone. This definition applies only for the purpose of qualifying for Enterprise Zone incentives pursuant to 13VAC5-112-20.

New Business means a person that did not

New Business means a life insurance policy issued by the Company for which the Company has received full payment of the first modal premium and all outstanding policy requirements. New Business does not include annuities or unscheduled or excess premiums on universal life products.

New Business means a health care service plan contract issued to a small employer that is not the plan’s in force business.