Net Bookings definition

Net Bookings means, (a) the annual contract value (ACV) of Total New Bookings signed during the Performance Period, minus (b) the ACV of total Churn confirmed during the Performance Period. Total New Bookings includes the aggregate of recurring, non-recurring, technology services, and professional services bookings.

Net Bookings means the amount of advertising orders, less ordinary and/or customary discounts, received on or before Closing by the Target, as defined, to be published in university and college membership directories during 1997 without excluding any down payments made by advertisers.

Net Bookings means the incremental amount of Annualized Cumulative Bookings added during the year.

Examples of Net Bookings in a sentence

• For 2015, the company must meet pre-established FCF thresholds and vesting schedule is proportionate to the following achievement of revenue goals:• Plan begins to vest at 80% Net Bookings achievement.

• Topic 606 significantly changes how the Company recognizes and reports net revenue and net income; however, it does not materially impact Net Bookings (our operational metric).

• On August 4, 2020, Leidos announced its second quarter 2020 financial results in a press release that stated, in relevant part: Revenues: $2.91 billion, year-over-year growth of 6.8% Diluted Earnings per Share: $1.06; Non-GAAP Diluted Earnings per Share:$1.55 Net Bookings: $4.6 billion (book-to-bill ratio of 1.6) Cash Flows from Operations: $422 million* * * Summary Results Revenues for the quarter were $2.91 billion, compared to $2.73 billion in the prior year quarter, reflecting a 6.8% increase.

• On November 2, 2020, Leidos announced its third quarter 2020 financial results in a press release that stated, in relevant part: Revenues: $3.24 billion, year-over-year growth of 14.4% Diluted Earnings per Share: $1.13; Non-GAAP Diluted Earnings per Share:$1.47 Net Bookings: $4.3 billion (book-to-bill ratio of 1.3) Cash Flows from Operations: $592 million* * * Summary Results Revenues for the quarter were $3.24 billion, compared to $2.84 billion in the prior year quarter, reflecting a 14.4% increase.

• If the subscriber did not achieve the target bookings level, “then, for the following month, the aforementioned Monthly Fixed Charges and credit shall not apply and instead, Subscriber shall pay” Galileo shortfall charges “in an amount equal to two dollars ($2.00) multiplied by a figure representing the difference between the average monthly Apollo Net Bookings made by Subscriber during the Review Period and the Target Bookings level specified” in the attachment (Productivity Attachment, Article 2.B).

More Definitions of Net Bookings

Net Bookings means, with respect to any applicable time period, (i) the number of segments of air travel booked under Delta’s air carrier designation code during that time period, less (ii) the number of such segments of air travel cancelled during that time period.

Net Bookings means, (a) the annual contract value (ACV) of Total New Bookings signed during the Performance Period, minus (b) the ACV of total Churn confirmed during the Performance Period. Total New Bookings includes the aggregate of recurring, non-recurring, technology services, and professional services bookings. Adjustments If the occurrence of any unbudgeted or unanticipated item during the Performance Period would make fair and equitable measurement of the Company’s Net Bookings and/or Adjusted EBITDA for the Performance Period no longer practical, the Administrator will adjust and modify the performance goals set forth herein to preserve (but not enhance) the incentives contemplated by this Award Agreement. You hereby agree that any such adjustment or modification shall not be deemed to be an amendment to the Award Documents and shall not adversely affect your rights hereunder. For purpose of this paragraph, unbudgeted or unanticipated items shall include, but not be limited to, costs associated with natural disasters, storms or pandemics (including, without limitation, COVID-19), foreign exchange variations, changes in accounting principles, material litigation costs that could not have been reasonably anticipated in the ordinary course of business, costs of severance or other reductions in force, capital markets transactions, restructurings or recapitalizations, business combinations or consolidations, stock splits or reverse splits, extraordinary special stock dividends, rights offerings, spin-offs, or similar transactions. ​

Net Bookings are all Bookings in a month less cancellations in such month. Passive and waitlisted bookings are not counted as Net Bookings.

Net Bookings shall have the meaning given in Section 3.1.

Net Bookings means product, first-year maintenance and support (but for the avoidance of doubt, not maintenance and support for follow-on years), professional service and other service bookings, net of shipping costs, cancellations, refunds, returns, discounts, distributor fees, sales tax and third party royalties.

Net Bookings means, with respect to the Company's Hosting and Outsourcing business unit, for any month (i) new minimum monthly recurring revenue booked during such month that pursuant to signed and accepted sales orders, minus (ii) minimum monthly recurring revenue under orders cancelled during such month and booked during a prior period and not then recognized as revenue, minus (iii) any reduction in monthly recurring revenue in connection with the loss of a customer during such month or a reduction in a customers minimum committed monthly revenue made during such month.

Net Bookings for purposes of determining the Earn-Out Amount, shall mean sales to customers of products, maintenance and support and training in the ordinary course of business and within the Company's normal discount terms for which a valid purchase order has been received, the product has been delivered and for which customer acceptance has occurred such that the amount of the sale is due from the customer within the Company's ordinary payment terms.