Annual Contract Value definition

Annual Contract Value or “ACV” means the net subscription fee for one (1) year as defined in the Order Form for a specific Customer.
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Annual Contract Value means an amount equal to the product of the Annual Quantity and the Purchase Price (as each is specified in Table 1 of the REC Contract).” The following is added as Section 1.3.2:
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Annual Contract Value means the maximum monetary amount that can be paid to Seller for eligible RECs Delivered in a Delivery Year and shall be equal to one- fifteenth (1/15) of the Maximum Contract Value.” The definition of “Bankrupt” in Section 1.7 is amended by replacing “30 days” in clause (ii) with “60 days.” The following is added as Section 1.7.1:
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Examples of Annual Contract Value in a sentence

  • B-6B.5 Estimated Annual Contract Value...............................................................................................

  • B-7B.7 Estimated Annual Contract Value...............................................................................................

  • New Business Annual Contract Value (ACV): (New Business TCV / contract term) multiplied by 12.

  • The Successful Contractor will be required to furnish an amount @ 10% of Total Annual Contract Value (inclusive of GST) as a performance security in the form of Fixed Deposit Receipt or Bank Guarantee from any Nationalized Bank duly pledged in the name of the "All India Institute of Medical Sciences, Jodhpur" payable at Jodhpur within 30 days from the award of contract.

  • The written instructions by the IPA shall include information on the Base Subscription Rate, and updated Maximum Contract Value, Annual Contract Value and Collateral Requirement.


More Definitions of Annual Contract Value

Annual Contract Value means the amount payable by the Commissioner for the Services in any given Contract Year as such amount is adjusted in accordance with the provisions of this Agreement, and which is for the first Contract Year the pro-rated amount stated in Schedule 2 the amount stated in Schedule 2 such sum being the annualised amount which would have been payable had the Agreement commenced on 1st April and been in force for the full Contract Year;
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Annual Contract Value of a Contract means all Revenue (except One-time Service Revenue), divided by the term (in years or partial years).
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Annual Contract Value means the figure set out in Section 2.2.1 (Summary of Activity, Finance and Payment) as the expected annual contract value of the Services for the Commissioner;
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Annual Contract Value means as to any Performance Period, the contribution to annual revenue from the contracts signed by the Company or business unit once they are fully implemented.
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Annual Contract Value means expected annual revenue from all closed and signed customer contracts of Limeade (including such annual revenue from Limeade GmbH and, only after the Tinyhr CEG Satisfaction Date, of Tiny), in each case as measured once billing commences. “Annual Contract Value” shall be exclusive of cancelled or not renewed contracts.
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Annual Contract Value means the amount of money that the Authority and/or Other Contracting Body could pay to a CAEHRS Provider on an annual basis under a Call-Off Contract, which is calculated by dividing the total value of the Call-Off Contract by the maximum number of years that the Call-Off Contract could endure.
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Annual Contract Value means the aggregate of the last twelve months’ Contract revenue.
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