Cancellation Rate definition

Cancellation Rate means the percentage of times Driver Partner accepts but then cancels a trip, in the 30 day period from that Driver Partner’s last trip.

Cancellation Rate is the number of Cancelled Slates in a measured time period (e.g. month or Fiscal Quarter (“Period”)) expressed as a percentage of the number of Total Slates in the same Period.

Cancellation Rate. ’ means the total number of cancellations received over the course of a given period divided by the total number of gross reservations in that period;

Examples of Cancellation Rate in a sentence

• Cancellation Rate - For each completed year of service under the Volunteer Service Cancellation provision, a portion of this loan will be canceled at the following rates: • 15 percent of the original principal loan amount for each of the first and second 12-month periods of service; and • 20 percent of the original principal loan amount for each of the third and fourth 12- month periods of service.

• Cancellation Rate - For each completed year of service under the Military Cancellation provision, this loan will be canceled at the rate of 12½ percent of the original principal loan amount.

• Cancellation Rate - For each completed year of service under the Head Start Cancellation provision, this loan will be canceled at the rate of 15 percent of the original principal loan amount.

• Cancellation Rate - For each completed year of service under the Volunteer Service Cancellation provision, a portion of this loan will be canceled at the following rates: • 15 percent of the original principal loan amountfor each of the first and second 12-month periods of service; and • 20 percent of the original principal loan amount for each of the third and fourth 12- month periods of service.

• A Roomer Flexible Cancellation Rate allows You to cancel your hotel reservation up to 24 hours prior to flight departure date or hotel check-in date local time and receive a refund of 80% of your total hotel charge, subject to these additional terms.

• The specific cancellation terms available for these rates vary from room to room, and will be listed in the "Important Information" displayed in the booking path for any particular Flexible Cancellation Rate.

• If you book a Roomer Flexible Cancellation Rate and subsequently cancel Your Reservation, You (i) shall be entitled to receive the stated refund; and (ii) all Your rights in the Reservation shall be transferred to Roomer, subject to the booking terms set forth herein.

• Merchant Cancellation Rate Merchant initiated cancelation rate must be less than 2.75%.

• If you book a Roomer Flexible Cancellation Rate, you are entering into a transaction with Roomer, and Roomer, not Priceline, is the merchant of record.

More Definitions of Cancellation Rate

Cancellation Rate means, with respect to residential Projects in a particular Stage of Completion, originated through a particular Sales Channel, the rate of cancellation set forth in Schedule D of the Borrowing Base Certificate most recently delivered pursuant to Section 6.02(m) for such Stage of Completion and such Sales Channel.