Annual Contract Value definition
Annual Contract Value or “ACV” means the net subscription fee for one (1) year as defined in the Order Form for a specific Customer.
Annual Contract Value means an amount equal to the product of the Annual Quantity and the Purchase Price (as each is specified in Table 1 of the REC Contract).” The following is added as Section 1.3.2:
Annual Contract Value means the amount of money that the Authority and/or Other Contracting Body could pay to a CAEHRS Provider on an annual basis under a Call-Off Contract, which is calculated by dividing the total value of the Call-Off Contract by the maximum number of years that the Call-Off Contract could endure.
Examples of Annual Contract Value in a sentence
L1.2 In order to participate in a Mini-Competition, the Contractor must have a Contractor Financial Capacity greater than or equal to the Annual Contract Value of the Call-Off Contract to be awarded in the Relevant Lot(s), and (where applicable) the Relevant Tier(s), to which the Mini-Competition relates.
More Definitions of Annual Contract Value
Annual Contract Value means the maximum monetary amount that can be paid to Seller for eligible RECs Delivered in a Delivery Year and shall be equal to one- fifteenth (1/15) of the Maximum Contract Value.” The definition of “Bankrupt” in Section 1.7 is amended by replacing “30 days” in clause (ii) with “60 days.” The following is added as Section 1.7.1:
Annual Contract Value means the amount payable by the Commissioner for the Services in any given Contract Year as such amount is adjusted in accordance with the provisions of this Agreement, and which is for the first Contract Year the pro-rated amount stated in Schedule 2 the amount stated in Schedule 2 such sum being the annualised amount which would have been payable had the Agreement commenced on 1st April and been in force for the full Contract Year;
Annual Contract Value of a Contract means all Revenue (except One-time Service Revenue), divided by the term (in years or partial years).
Annual Contract Value means the figure set out in Section 2.2.1 (Summary of Activity, Finance and Payment) as the expected annual contract value of the Services for the Commissioner;
Annual Contract Value means as to any Performance Period, the contribution to annual revenue from the contracts signed by the Company or business unit once they are fully implemented.
Annual Contract Value means the sum calculated in accordance with the following formula: (A+B)/n where: A = the sum of Maximum Stage One Funding Payments for all Drawdowns; B = the sum of Maximum Stage Two Funding Payments for all Drawdowns; n = the number of years (rounded up to the nearest quarter) between the Effective Date and the Final Stage Two (Build) Complete Milestone Date; "Annual Passive Services Take- up Clawback Amount" has the meaning set out in Paragraph 4.4 (Annual passive services clawback amounts) of Schedule 3 (Financial Schedule); "Annual Progress Meeting" the meeting between the Supplier and the Authority as described in Clause 14.16 (Governance Meetings);
Annual Contract Value means expected annual revenue from all closed and signed customer contracts (including such annual revenue from Limeade GmbH), as measured once billing commences. “Annual Contract Value” shall be exclusive of cancelled or not renewed contracts.