CMRR definition

CMRR means aggregate total contract value pursuant to Eligible Recurring Revenue Contracts less non-recurring support, service, and maintenance fees smoothed for billing purposes on a monthly basis over the duration of the aggregate contract(s) less accounts that have churned.
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CMRR is, for any month, the product of (x) the number of active subscribers of Borrower as of the end of such month multiplied by (y) the ARPU; provided that Bank may decrease the foregoing amounts in its sole discretion, based on events, conditions, contingencies or risks which, as reasonably determined by Bank, may adversely affect the Collateral.
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CMRR is, for any month, all recurring revenue of Borrower and its Subsidiaries on a consolidated basis, plus purchase orders for future recurring revenue, determined in accordance with GAAP, for such month, derived from software license and managed service subscriptions. Bank may, in its sole discretion, permit revenue from other ongoing services, such as maintenance and support, to be included in CMRR. “Customer Retention Percentage” is, for any period of measurement as of any date of determination, one hundred percent (100%) minus the applicable Churn Rate.
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Examples of CMRR in a sentence

  • Borrower has no knowledge of any actual or imminent Insolvency Proceeding of any Account Debtor whose accounts are Eligible Customer Accounts in any CMRR calculation.

  • Preamp and Amplifier: Gain in 105 dB; the Output Voltage is + 12 VDC with a CMRR of more than 80 dB; Notch Filer is -12 dB @ ▇▇ ▇▇, -▇▇ dB @ 50 Hz; Bandpass Filter between the ranges of 0.05-1.5 kHz, 6 dB/octave high pass, 24 dB/octave low pass; Input Noise is 0.8V rms @ 0.05-1.5 kHz.

  • As of the last day of each month, Borrower’s ending CMRR balance, averaged on a trailing three (3) month basis, shall be at least seventy five percent (75%) of Borrower’s projected performance averaged for the same respective period as outlined in Borrower’s Forecast_Model_vl50.xlsx received by Bank on August 20, 2010 that has been approved by Bank and is attached hereto as Exhibit F.

  • For any Eligible Customer Account in any CMRR calculation, all statements made and all unpaid balances appearing in all invoices, instruments and other documents evidencing such Eligible Customer Accounts are and shall be true and correct in all material respects and all such invoices, instruments and other documents, and all of Borrower’s Books are genuine and in all material respects what they purport to be.

  • The aggregate Dollar Equivalent of the face amount of outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit and any Letter of Credit Reserve) may not exceed the lesser of (i) Forty Million Dollars ($40,000,000), or (ii) (A) the lesser of (1) the Revolving Line or (2) the CMRR multiplied by the Advance Rate, minus (B) the sum of all outstanding principal amounts of any Advances.

  • In view of the non-standard source impedance's available, this power amplifier has been specifically designed to mate with the PM-2 preamplifier, thereby ensuring optimized impedance matching and CMRR.

  • Borrower has no knowledge of any actual or imminent Insolvency Proceeding of any Account Debtor whose accounts are Accounts in any CMRR calculation.

  • The benefits of cascoding are extremely important at this stage where regenerative feedback is virtually ineffective for CMRR (common-mode rejection ratio) and PSRR (power supply rejection ratio).

  • The unused portion of the Revolving Line, for purposes of this calculation, shall be calculated on a calendar year basis and shall equal the difference between (A) the lesser of (x) the Revolving Line (as it may be reduced from time to time) or (y) the CMRR multiplied by the Advance Rate, and (B) the average for the period of the daily closing balance of the Revolving Line outstanding plus the aggregate amount of the outstanding Letters of Credit.

  • If the outstanding principal amount of any Advances exceeds the lesser of either (x) the Revolving Line or (y) the CMRR multiplied by the applicable Advance Rate (such excess amount being an “Overadvance”), Borrower shall promptly upon notice by Bank to Borrower of such Overadvance, and in any event within two (2) Business Days, pay to Bank in cash such Overadvance.


More Definitions of CMRR

CMRR is, the monthly Recurring Revenue of Borrower from Eligible Customer Accounts for the month most recently ended as of any date of determination, determined in accordance with GAAP.
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CMRR is the product of (a) the sum of Existing Customer Accounts plus New Customer Accounts multiplied by (b) the applicable ARPU.
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CMRR is the product of (x) Existing Customer Accounts multiplied by (y) the ARPU; provided that Bank may decrease the foregoing amounts in its sole discretion in the event that Borrower is not in complete compliance with this Agreement and/or is in violation of any financial covenant contained herein. “Customer Retention Percentage” is, for any period of measurement as of any date of determination, one hundred percent (100%) minus the Churn Rate.
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Related to CMRR

  • Supplier Profit Margin means, in relation to a period or a Milestone (as the context requires), the Supplier Profit for the relevant period or in relation to the relevant Milestone divided by the total Call Off Contract Charges over the same period or in relation to the relevant Milestone and expressed as a percentage;

  • Appraised-Out Class As defined in Section 3.10(a) of this Agreement.

  • Average Daily Balance means the balance sum computed by dividing the sum of the balance outstanding on each day from the first day of the next Billing Period by the number of days in that Billing Period. For the purpose of computation, each day’s balance is determined by adjusting the Total New Balance with payments, credit, cash withdrawal, purchases of goods and/or services obtained on the Sales Drafts and/or Cash Withdrawal Drafts received by Maybank before the Closing Date of each Billing Period;

  • LIBOR Total Spread means, for each Interest Period: (A) three-fourths of one percent (3/4 of 1%); (B) minus (or plus) the weighted average margin, for such Interest Period, below (or above) the London interbank offered rates, or other reference rates, for six-month deposits, in respect of the Bank’s outstanding borrowings or portions thereof allocated by the Bank to fund single currency loans or portions thereof made by it that include the Loan; as reasonably determined by the Bank and expressed as a percentage per annum.

  • Balance billing means charging or collecting an amount in excess of the Medicaid, Medicare, or contracted reimbursement rate for services covered under a Medicaid, Medicare or employer sponsored beneficiary’s plan. “Balance Billing” does not include charging or collecting deductibles or copayments and coinsurance required by the beneficiary’s plan.