Gross Bookings definition

Gross Bookings means the total amount paid by our customers for travel products and services booked through or with us (including the part that is passed on to, or transacted by, the travel supplier), including taxes, service fees and other charges and excluding VAT. Gross Bookings include the gross value of transactions booked under both agency and principal models as well as transactions made under white label arrangements and transactions where we act as a “pure” intermediary whereby we serve as a click-through and pass the reservations made by the customer to the relevant travel supplier.

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Gross Bookings means the amount of payments received by the Surviving Corporation from the Surviving Corporation’s customers and generated by the Surviving Corporation’s business, without reduction for payments to platforms (e.g., Facebook, Google/Android Store or Apple App Store) or developer royalties; provided that upon the Surviving Corporation’s or any of its Affiliates’ acquisition or disposition of any business unit or division or any material assets outside the ordinary course of business (whether directly or indirectly, by merger, consolidation, exchange or sale) on or after the date hereof there shall be an adjustment: (i) in the case of an acquisition, to exclude from the calculation of Gross Bookings those gross bookings resulting exclusively from the acquired assets; and (ii) in the case of a disposition, a reduction of the $1,000,000,000 target in the definition of Performance Measure equal to a reasonable projection of the Gross Bookings lost by the Surviving Corporation as a result of the disposition.

Gross Bookings means for the purposes of calculating the Revenue Target, the sum of: (i) the aggregate value of all realized revenue for the twelve month period prior to the Target Date, plus (ii) all written orders for products and services received by Hashoff on or prior to the relevant Target Date to be realized in future periods, as evidenced by a signed purchaser order, statement of work, license or other binding commitment.

Examples of Gross Bookings in a sentence

• An amount equal to (i) [*] --------------------- in the first Contract Year and (ii) in all Contract Years subsequent to the first Contract Year, [*] of the Gross Bookings Hurdle for the prior Contract Year.

• Those Gross Bookings for advertising ------------------------- during the months of August through December of each year.

• If after an advance, the amount borrowed under this Line of Credit exceeds the Borrowing Base, the Borrower must pay Bank all sums advanced by Bank under this Line of Credit until the amount borrowed under this Line of Credit is less than or equal to seventy (70%) percent of Eligible Accounts Receivable and is less than or equal to forty percent (40%) Eligible Gross Bookings.

• At no time will the Bank advance funds --------------------- against Ineligible Accounts Receivable or against Ineligible Gross Bookings.

• At any time, an amount equal to (i) seventy -------------- percent (70%) of all Eligible Accounts Receivable aged less than or equal to ninety (90) days beyond their date of shipment, (ii) forty percent (40%) of all Eligible Accounts Receivable aged from ninety-one (91) days to one hundred eighty (180) days from the shipped date, and (iii) forty percent (40%) of Gross Bookings during the months of January through July of each year.

• In calculating the Performance Measure Determination, the Accounting Firm (i) shall be limited to addressing any particular disputes referred to in the Performance Measure Dispute Notice and (ii) the calculation of Gross Bookings shall, with respect to any disputed item included in the Performance Measure Determination, be no greater than the higher amount calculated by the Company or the Shareholder, and no less than the lower amount calculated by the Company or the Shareholder, as the case may be.

More Definitions of Gross Bookings

Gross Bookings means the total amount paid by our customers for travel products and services booked through or with us, including taxes, service fees and other charges and excluding VAT. Gross Bookings include the gross value of transactions booked under both agency and principal models as well as transactions made under white label arrangements and transactions where we act as a “pure” intermediary whereby we serve as a click-through and pass the reservations made by the customer to the relevant travel supplier.

Gross Bookings has the meaning set out in Schedule “B”;

Gross Bookings means the aggregate amount (in Canadian Dollars) of all work contracted and booked through the App (the “Contracted Work”) by end users less (i) discounts actually granted to the extent customarily granted to customers based solely on volume, (ii) the trust and support fee charged to users by the Company and (iii) customer refunds actually credited. In calculating Gross Bookings, no deductions shall be made for: (A) cash or other discounts (except as stated above);

Gross Bookings. ’ means the total amount paid by our customers for travel products and services booked through us under the merchant model (including the part that is passed on to, or transacted by, the travel supplier), including taxes, fees and other charges and excluding VAT. See ‘‘Management’s Discussion and Analysis of our Financial Condition and Results of Operations— Overview of the Geo Group.’’