New Sales definition

New Sales is defined in Section 2.10.
New Sales means gross additions to backlog with respect to the business unit(s) for which a Designated Participant has accountability.
New Sales means,

Examples of New Sales in a sentence

  • For purposes of this Agreement “Net New Sales of the Product” shall mean the total sales of the Product or derivations thereof as reflected on Buyer’s books and records (net of any returns, customer discounts or rebates, or warranty replacements) to customers who had not, prior to January 1, 201_, purchased the Product.

  • 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.

  • No Annualized New Sales or Renewal Paid Premium from any other company affiliated with The Hartford will be considered in calculating Additional Compensation payable under this Schedule J.

  • New Sales Performance Plan Additional Compensation payments made during the Plan Period are based on Annualized New Sales established at the time of payment.

  • The maximum Additional Compensation a Producer can receive from the Retention Rewards Plan and New Sales Performance Plan combined is capped at $5,000,000.

  • Annualized New Sales will be recalculated following the close of the Plan Period, and adjustments will be made in the final New Sales Performance Plan payment to reflect any increases or decreases in Annualized New Sales.

  • If a new Group Policy terminates within the first twelve months from effective date, The Hartford reserves the right to obtain full repayment of any New Sales Performance Additional Compensation already paid to Producer.

  • All New Sales dollars made during each Compensation Cycle will be counted on an ongoing basis.


More Definitions of New Sales

New Sales means the revenues of the Companies derived from managed network services, internet solutions, security solutions, and management solutions as such categories are used in the E&Y Report.
New Sales means sales under a then current Purchaser standard contract or a non-standard contract approved by the CEO or CFO of Purchaser (which approval shall not be unreasonably withheld) and executed by both customer and Purchaser to customers who become customers of Purchaser after Closing and through December 31, 2009 as a result of the sales efforts of Xxxxxx X. Xxxxxx and Xxxxx Xxxxxx.
New Sales has the meaning set forth in Section 2.4.2.4 of this Agreement.
New Sales means that number which is equal to Sales during each Measurement Year.

Related to New Sales

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Retail sales As defined in the definition of Net Revenue.

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

  • Underwritten Net Cash Flow means, as of any date of determination, the excess of: (i) for the twelve (12) month period ending on such date, the sum of (A) the lesser of (1) GPR multiplied by 94.0%, and (2) Actual Rent Collections, and (B) Other Receipts; over (ii) for the twelve (12) month period ending on such date, the sum of (A) Operating Expenses, adjusted to reflect exclusion of amounts representing non-recurring expenses, (B) Underwritten Capital Expenditures and (C)

  • 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.

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

  • Usable cannabis means any cannabis plant material, including seeds, but not (i) resin that has been extracted from any part of the cannabis plant, its seeds, or its resin; (ii) the mature stalks, fiber produced from the stalks, or any other compound, manufacture, salt, or derivative, mixture, or preparation of the mature stalks; or (iii) oil or cake made from the seeds of the plant.

  • Specified Sales means (a) the sale, transfer, lease or other disposition of inventory and materials in the ordinary course of business and (b) the sale, transfer or other disposition of Permitted Investments described in clause (i) of the definition thereof.

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

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Sales On the settlement date for a sale, Bank shall credit the Cash Account with the sale proceeds of the sale and transfer the relevant Financial Assets to an account pending settlement of the trade if not already delivered.

  • Distressed merchandise means an alcoholic product in the possession of the

  • Turnover of zero-rated supply of goods means the value of zero-rated supply of goods made during the relevant period without payment of tax under bond or letter of undertaking;

  • Adult exploitation means the illegal use of an incapacitated adult or his resources for another's

  • Cost of Goods Sold means [ * ].

  • Total Evaluated CRIS MW means the Additional CRIS MW requested plus either (i) if the Installed Capacity Supplier previously received an exemption under Sections 23.4.5.7.2(b), 23.4.5.7.6(b), 23.4.5.7.7 or 23.4.5.7.8, all prior Additional CRIS MW since the facility was last exempted under Sections 23.4.5.7.2(b), 23.4.5.7.6(b), or 23.4.5.7.8, or (ii) for all other Installed Capacity Suppliers, all MW of Capacity for which an Examined Facility obtained CRIS pursuant to the provisions in ISO OATT Sections 25, 30, or 32 (OATT Attachments S, X, or Z). For purposes of Section 23.4.5 of this Attachment H, “UCAP Offer Reference Level” shall mean a dollar value equal to the projected clearing price for each ICAP Spot Market Auction determined by the ISO on the basis of the applicable ICAP Demand Curve and the total quantity of Unforced Capacity from all Installed Capacity Suppliers in a Mitigated Capacity Zone for the period covered by the applicable ICAP Spot Market Auction. For purposes of Section 23.4.5 of this Attachment H, “Unit Net CONE” shall mean localized levelized embedded costs of a specified Installed Capacity Supplier, including interconnection costs, and for an Installed Capacity Supplier located outside a Mitigated Capacity Zone including embedded costs of transmission service, in either case net of likely projected annual Energy and Ancillary Services revenues, and revenues associated with other energy products (such as energy services and renewable energy credits, as determined by the ISO, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate. The Unit Net CONE of an Installed Capacity Supplier that has functions beyond the generation or transmission of power shall include only the embedded costs allocated to the production and transmission of power, and shall not net the revenues from functions other than the generation or transmission of power.

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

  • Gross Margin With respect to each Adjustable Rate Mortgage Loan, the fixed percentage set forth in the related Mortgage Note that is added to the Index on each Adjustment Date in accordance with the terms of the related Mortgage Note used to determine the Mortgage Rate for such Mortgage Loan.

  • Ineligible Expenditures means the costs that are ineligible for payment under the terms and conditions of the Agreement, and that are described in Schedule “E” (Eligible Expenditures and Ineligible Expenditures).

  • Finished Goods means completed goods which require no additional processing or manufacturing to be sold to third party customers by the Loan Parties in the ordinary course of business.

  • Gross Sales Proceeds with respect to each sale of Shares shall be the Gross Sales Price multiplied by the number of Shares sold;

  • Edible cannabis product means cannabis product that is intended to be used, in whole or in part, for human consumption, including, but not limited to, chewing gum, but excluding products set forth in Division 15 (commencing with Section 32501) of the Food and Agricultural Code. An edible cannabis product is not considered food, as defined by Section 109935 of the Health and Safety Code, or a drug, as defined by Section 109925 of the Health and Safety Code.

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

  • Net Sales means [***].

  • Eligible Expenditures means expenditures in respect of the reasonable cost of goods, works and services required for the Project and to be financed out of the proceeds of the Loan allocated from time to time to the eligible Categories in accordance with the provisions of Schedule 1 to this Agreement; and