SaaS Revenue definition

SaaS Revenue means revenues from customer contracts that will renew automatically at the end of their term unless actively terminated by the customer;
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SaaS Revenue means revenue earned from the sale or license of the Saas Service. For the purpose of determining the Saas Revenue, revenue shall be determined based on GAAP revenue recognition principles used by Buyer for its other revenue of the same type.
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SaaS Revenue means, with respect to the applicable time period, the aggregate amount reported in the line items “Ad Serving Revenue” and “IVT Revenue” in the Company’s/Business’ financial statements for such period, calculated in accordance with Past Practices. For the avoidance of doubt, SaaS Revenue shall include IVT managed service reseller fees and LiveRamp Data Marketplace reseller fees and associated data segments.
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Examples of SaaS Revenue in a sentence

  • To qualify, Incremental SaaS Revenue during this period must be (i) received pursuant to contracts with a minimum term of one year (including the term and revenue recognized from the relevant customer pursuant to a proof of concept or other trial period contract provided the customer paid for such proof of concept or other trial); or (ii) recognized during such second earn out period determined in accordance with this section and attributable to new customers during such second earn out period.

  • The portion of the Purchase Price established in Sections 2.3.2 through 2.3.5 is subject to the Company reaching the Incremental SaaS Revenue targets pursuant to the following criteria (together, the “Earn-out Amounts”)..

  • The Second Earn-out Purchase Price Payment provided for in Section 2.3.3. shall be paid by Buyer to Sellers in the event that the actual monthly recurring Incremental SaaS Revenue is equal or exceeds US$ 2,200,000 (two million two hundred thousand U.S. Dollars) greater than $1,365,000.00 (one million three hundred sixty five thousand US Dollars).

  • Third Party Software Resale Revenue that consists of recurring fees as in paragraphs 11A(a) Maintenance Revenue and 11A(b) Subscription Revenue and 11A(c) SaaS Revenue above, to the extent charged and earned separately from such revenue given the third party ownership of the software.

  • To qualify, Incremental SaaS Revenue during this period must be (i) recognized pursuant to contracts with minimum term of two years (including the term and revenue recognized from the relevant customer pursuant to a proof of concept or other trial period contract provided the customer paid for such proof of concept or other trial); or (ii) received during such third earn out period attributable to new customers during such third earn out period.

  • To facilitate the Company achieving the Total SaaS Revenue thresholds set forth in this Section 3, but, without guaranteeing any result, Buyer shall in good-faith consult with any members of the Executive Group employed by RigNet or any of its Affiliates regarding any decisions about the Company’s (i) pricing strategy; (ii) marketing strategy; and (iii) research and development and product management strategy .

  • If the Incremental SaaS Revenue exceeds US$ 1,100,000 over the Baseline Revenue, then the Buyer shall also certify the date on which the Incremental SaaS Revenue exceeded that target.