Average Recurring Revenue definition

Average Recurring Revenue or “ARR” means, for a Contract with a duration of: (A) one (1) year or longer, total Subscription Revenue, divided by the number of days in the Contract, multiplied by three hundred sixty five (365); (B) shorter than one (1) year, total Subscription Revenue.
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Average Recurring Revenue or “ARR” means, for a Contract with a duration of: (A) one (1) year or longer, total Recurring Revenue, divided by the number of days in the Contract, multiplied by three hundred sixty five (365); (B) shorter than one (1) year, total Recurring Revenue.
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Average Recurring Revenue has the meaning specified in Section 2.03(a).
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Examples of Average Recurring Revenue in a sentence

  • If the Average Recurring Revenue of the Companies, as finally determined pursuant to Section 2.03(a) above, does not equal or exceed the Target Recurring Revenue, RDSI shall not be required to make any additional payment to the Shareholders pursuant to Section 2.02(c) or this Section 2.03 (i.e., the Additional Cash Payment shall be zero).

  • Beginning with the Fiscal Quarter ending March 31, 2012 and for each Fiscal Quarter thereafter, the Borrower shall not permit the Average Recurring Revenue Per Screen as of the end of such Fiscal Quarter to be less than the product of (a)(i) for the Fiscal Quarters ending on or before June 30, 2012, $8,800 and (ii) for Fiscal Quarters ending thereafter, $9,600 and (b) the quotient of Average Debt Per Screen divided by $42,500.

Related to Average Recurring Revenue

  • Recurring Revenue With respect to any Recurring Revenue Loan, the meaning of “Recurring Revenue” or any comparable definition in the related Underlying Instruments relating to recurring maintenance or support revenues, subscription revenues, and recurring revenues attributable to software licensed or sold (excluding one-time license revenues) in the Underlying Instruments for such Loan.

  • Recurring Revenue Loan means a Collateral Loan that meets each of the following criteria as of the date of acquisition by the Borrower, subject to waiver by the Administrative Agent in accordance with the definition of Eligible Collateral Loan hereto (for the avoidance of doubt, if any Collateral Loan does not meet the below listed conditions, but such failure is waived by the Administrative Agent, such Collateral Loan shall still be subject to the Advance Rates, Concentration Limitations and Revaluation Events applicable to Recurring Revenue Loans set forth herein):

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • LTM Fee Revenue has the meaning set forth in Section 7.2.2(c).

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.