Annualized Churn Rate definition

Annualized Churn Rate is, as of any date of determination, the percentage obtained by dividing (i) MRR attributable to Lost Customer Accounts, measured on an average trailing three (3) month basis by (ii) total MRR for such month, multiplied by twelve (12).
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Annualized Churn Rate is the Churn Rate multiplied by four (4).
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Annualized Churn Rate is, as of any date of determination, the percentage obtained by dividing (i) the quotient of (A) the sum of MRR lost during the three (3) month period ending on such date of determination minus upsell MRR during such period plus downsell MRR during such period divided by (B) three (3) by (ii) total MRR as of the first day of such three (3) month period, multiplied by twelve (12). For the avoidance of doubt, any negative Annualized Churn Rate shall be deemed to be zero (0). For example, if Borrower had Ten Million Dollars ($10,000,000) of MRR as of January 1, 2016 and, during the three (3) month period ending on March 31, 2016, lost Two Hundred Thousand Dollars ($200,000) of MRR but had Fifty Thousand Dollars ($50,000) of MRR from upsells and One Hundred Fifty Thousand Dollars ($150,000) of MRR from downsells, the Annualized Churn Rate for the period ending March 31, 2016 would be 12% calculated as follows: $200,000 minus $50,000 plus $150,000 $10,000,000 = 3%; then 3% 3 = 1%; then 1% x 12 = 12%
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Examples of Annualized Churn Rate in a sentence

  • Xxxxxxxx has requested that Bank amend the Loan Agreement to (i) revise the Annualized Churn Rate calculation and related definitions, and (ii) make certain other revisions to the Loan Agreement as more specifically set forth herein.


More Definitions of Annualized Churn Rate

Annualized Churn Rate is, as of any date of determination, the percentage obtained by multiplying (a) the Churn Rate (measured on an average trailing three (3) month basis) by (b) twelve (12).
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Annualized Churn Rate means, for any period, the net number of disconnected subscribers for such period divided by the sum of the number of subscribers at the beginning of such period, the number of gross subscriber additions during such period, and the number of subscribers acquired during such period, as measured on the last day of each fiscal quarter for the trailing twelve-month period then ended.
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Annualized Churn Rate is, as of any date of determination, the percentage obtained by dividing decrease in ARR over a trailing twelve (12) month period attributed to Existing Customer Accounts as of twelve (12) month prior, by the ARR attributed to that same set of customers as of twelve (12) month prior.
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Annualized Churn Rate is, as of any date of determination, the Average Monthly Churn Rate, multiplied by twelve (12). For example, if the Average Monthly Churn Rate for December 31, 2017 was .83%, the Annualized Churn Rate would be 9.96%, calculated as follows: .83% multiplied by 12 = 9.96%.
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Annualized Churn Rate means the number of disconnected subscribers for the trailing six months divided by the Average Subscribers for the trailing six months."
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Related to Annualized Churn Rate

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Annual Percentage Rate or “APR” of a Receivable means the annual rate of finance charges stated in such Receivable.

  • Average Rate means the simple arithmetic mean of the bank rates in effect at 4:00 p.m. Eastern Standard Time each day during the calendar month which immediately precedes the calendar month in which payment is made, where the "bank rate" means the rate of interest established from time to time by the Bank of Canada as the minimum rate at which the Bank of Canada makes short term advances to members of the Canadian Payments Association;

  • Three-Month LIBOR means the rate (expressed as a percentage per annum) for deposits in United States dollars for a three-month period commencing on the first day of a Dividend Period that appears on the Reuters Screen LIBOR01 Page as of 11:00 a.m. (London time) on the LIBOR Determination Date for that Dividend Period. If such rate does not appear on Reuters Screen LIBOR01 Page, Three-month LIBOR will be determined on the basis of the rates at which deposits in United States dollars for a three-month period commencing on the first day of that Dividend Period and in a principal amount of not less than $1 million are offered to prime banks in the London interbank market by four major banks in the London interbank market selected by the Calculation Agent (after consultation with the Company), at approximately 11:00 a.m., London time, on the LIBOR Determination Date for that Dividend Period. The Calculation Agent will request the principal London office of each of such banks to provide a quotation of its rate. If at least two such quotations are provided, Three-month LIBOR with respect to that Dividend Period will be the arithmetic mean (rounded upward if necessary to the nearest whole multiple of 0.00001%) of such quotations. If fewer than two quotations are provided, Three-month LIBOR with respect to that Dividend Period will be the arithmetic mean (rounded upward if necessary to the nearest whole multiple of 0.00001%) of the rates quoted by three major banks in New York City selected by the Calculation Agent (after consultation with the Company), at approximately 11:00 a.m., New York City time, on the LIBOR Determination Date for that Dividend Period for loans in United States dollars to leading European banks for a three-month period commencing on the first day of that Dividend Period and in a principal amount of not less than $1 million. However, if fewer than three banks selected by the Calculation Agent to provide quotations are quoting as described above, Three-month LIBOR for that Dividend Period will be the same Three-month LIBOR as determined for the previous Dividend Period or, in the case of the Dividend Period beginning on April 30, 2018, 2.920%. The determination of Three-month LIBOR for each relevant Dividend Period by the Calculation Agent will (in the absence of manifest error) be final and binding.

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Daily One Month LIBOR means, for any day, the rate of interest equal to LIBOR then in effect for delivery for a one (1) month period.