All Definitions
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NPPI
NPPI means non-public, personally identifiable information that identifies a customer, consumer, or personnel.
Net Ordinary Income
Net Ordinary Income means the surplus of all taxable gains over losses, not including capital-related transactions, during [tax year]
Newly hired employee
Newly hired employee means a person who either hasn't worked previously for [company] or hadn't worked there for [number] consecutive days prior to re-employment
Network Outage
Network Outage means a disruption causing total or partial inaccessibility to a service or system, regardless of duration.
Notice of Dismissal
Notice of Dismissal means a written communication revoking a violation penalty.
Nil-Cost Option
Nil-Cost Option means the right to acquire shares for no cost, either conditionally or unconditionally, after a specified activity has been completed
Non-Recourse Carveout Guaranty
Non-Recourse Carveout Guaranty means an industry-standard non-recourse guarantee addressing obligations from contract violations, environmental indemnities, and misuse of collateral proceeds.
Net Amount Payable
Net Amount Payable means the total sum due to a participant, subtracting all non-income tax withholdings.
Novate
Novate means the agreed substitution of an existing commitment with a fresh one, or replacing a contractual party.
