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 [***].
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.

Examples of Net Bookings in a sentence

  • For the avoidance of doubt, 2019 Net Bookings (d) excludes any passenger tickets that were cancelled on or prior to day d in 2019.

  • As of the date that is five (5) Business Days prior to the Closing Date, the Forward Net Bookings (as defined in Exhibit B) exceed the Net Booking Threshold (as defined in Exhibit B) (such condition, the “Forward Net Booking Condition”).


More Definitions of Net Bookings

Net Bookings means the incremental amount of Annualized Cumulative Bookings added during the year.
Net Bookings means, with respect to any applicable time period, (i) the number of segments of air travel booked under Northwest’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 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.
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 means (i) New Bookings, minus (ii) Attrition.
Net Bookings means the total of Bookings, minus Cancellations, during a given period. PNR - Shall mean a passenger name record created in the WORLDSPAN System. SITA - Shall mean Societe Internationale de Telecommunications Aeronautiques.