Net Contract Values definition

Net Contract Values means, as of any date of determination, an amount equal to (x) the aggregate amount of the Contract Values of all Purchased Contracts as of such date, less (y) the aggregate amount of the Excess Portion of the Contract Values of all Excess Contracts as of such date.
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Related to Net Contract Values

  • Contract Value means that portion of the Contract Price adjusted to give effect to such additions or deductions as are provided for in the Contract which is properly apportion-able to the Goods or Services in question.

  • The Contract Value means the amount payable to the Bidder under the contract for the full and proper performance of its contractual obligations.

  • Annual Contract Value or “ACV” means the net subscription fee for one (1) year as defined in the Order Form for a specific Customer.

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Total Contract Value means contract value plus statutory dues like GST etc. and any other amount payable under contract.