New Bookings definition

New Bookings means the value of “Total New Bookings” that are closed and signed during the Initial Measurement Period. Total New Bookings includes the aggregate of Annual Recurring Revenue (ARR), non-recurring, technology services, professional services, expansions, and pilot bookings.
Sample 1Sample 2
New Bookings means the value of “Total New Bookings” that are closed and signed during the Initial Measurement Period. Total New Bookings includes the aggregate of Annual Recurring Revenue (ARR), non-recurring, technology services, professional services, expansions, and pilot bookings. Adjustments If the occurrence of any unbudgeted or unanticipated item during the Initial Measurement Period would make fair and equitable measurement of the Company’s New Bookings and/or Churn for the Initial Measurement 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, 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.
Sample 1
New Bookings means the aggregate amount of (a) non-contingent professional services fees and subscription fees payable by any customer during the first 12 months of a 2017 Jiff Contract whether or not actually paid during such 12-month period (for the sake of clarity, it being understood that any New Bookings associated with the sale of Jiff Marketplace Products will be determined on a net basis, after offsetting for amounts paid or payable by Jiff for the associated third party products) and (b) contingent professional services fees and subscription fees earned during 2017 under a Prior Jiff Contract or 2017 Jiff Contract whether or not actually paid during such 12-month period, in each case to the extent attributable to the Jiff Products. For the purposes of the foregoing, fees will be considered “contingent” if (x) they will only become payable upon the achievement of certain performance criteria or other contingencies or (y) are subject to claw-back, repayment or offsetting credit (sometimes referred to as “negative performance guarantees”) for the failure to achieve certain performance criteria or other contingencies. For purposes of determining which fees are “attributable” to Jiff Products, the following rules shall apply:
Sample 1

Examples of New Bookings in a sentence

  • New Bookings shall be made only in the ordinary course of business, and only upon terms and conditions usual and customary in accordance with past business practices of Seller.

  • The value of contract renewals is excluded from this metric with the exception of additional capacity or products purchased at the time of renewal.How we calculate it:Organic New Bookings: The total of New Bookings deducted by New Bookings from business acquisitions that are not fully integrated (up to the first anniversary of the acquisition).

  • New Bookings, Organic New Bookings, Recurring New Bookings and Non-Recurring New Bookings How is it useful:For our Analytics reportable segment, we use New Bookings, Organic New Bookings, Recurring New Bookings and Non-Recurring New Bookings as measures to track the performance and success of our sales initiatives, and as an indicator of future revenue growth.

  • New Bookings is inclusive of any new signed contracts as well as any additional solutions and services added by existing customers within our Analytics reportable segment.

  • On balance, New Bookings benefited from continued growth, with strong AE performance.

  • New Bookings: The total of annual contract values for new sales of our recurring solutions and services (software subscriptions, Valuation Management Solutions, and data subscriptions) plus the total of contract values for one-time engagements (consulting, training, and due diligence).

  • Engage talent Place best people in the right roles and empower colleagues for greater performancein an inclusive environment Our key success measures include revenue growth, continued New Bookings growth, Adjusted EBITDA margin expansion, Adjusted EPS growth, optimized Free Cash Flow and employee retention.

  • Please note the following business nomenclature changes: Over Time Revenues are now referred to as Recurring Revenue and Bookings are now referred to as New Bookings ( refer to the “Non-GAAP and Other Measures” section below).

  • Active Adults ABC Radio (Licence) Driving test centre (monthly) Carpet Bowls, keep fit U3A New Bookings received EDF Energy Consultation 2 Private children’s parties Music Workshops Thursday Evening Belly Dancing Funky Fridays Geological Society.

  • New Bookings during the three months ended September 30, 2021 and for the trailing twelve months were $90.9 million and $1,018.3 million, respectively.


More Definitions of New Bookings

New Bookings means up to the first 12 months of value from new customer purchases (whether to new customers or upsells or overage charges to existing customers) attributable to Company Products calculated in the same manner that Purchaser calculates bookings across its various product offerings. A New Booking shall be recognized on the later of (y) the date on which the written contract of sale is signed by a customer and Purchaser or (z) 93 days prior to the start date applicable to the Recurring Company Products described in such contract, provided in (y) or (z) such written contract does not have a termination for convenience or similar clause that would enable such customer to avoid making a payment. The sale of Company Products pursuant to a Pilot Agreement shall be considered a sale of Non-Recurring Products for purposes of calculating New Bookings, provided, however, that the value of any Pilot Agreement the term of which begins and ends in the same Calculation Period (“Calendar Pilot Agreements”) shall not be counted toward the Non-Recurring Maximum if such Pilot Agreement converts into the regular sale of Company Products; and the value of Company Products sold pursuant to a Pilot Agreement the term of which begins and ends in different Calculation Periods shall only be counted toward the Non-Recurring Maximum applicable to the Calculation Period in which it was entered into in an amount equal to the product of (A) the value of the Pilot Agreement, multiplied by the quotient of (B) (1) the value of Calendar Pilot Agreements entered into in the applicable Calculation Period that did not convert into the regular sale of Company Products, divided by (2) the value of all Calendar Pilot Agreements entered into during the applicable Calculation Period.
Sample 1

Related to New Bookings

  • Bookings has the meaning set forth in Section 2.1.16.

  • System Revenues means all rates, rents, fees, charges,

  • Advertising Revenues means revenues derived from sales of advertising that are made available to Grantee’s Cable System subscribers within the Town and shall be allocated on a pro rata basis using total Cable Service subscribers reached by the advertising. Additionally, Grantee agrees that Gross Revenues subject to franchise fees shall include all commissions, rep fees, Affiliated Entity fees, or rebates paid to National Cable Communications (“NCC”) and Comcast Spotlight (“Spotlight”) or their successors associated with sales of advertising on the Cable System within the Town allocated according to this paragraph using total Cable Service subscribers reached by the advertising.

  • Hotels means the hotel properties described in Exhibit A hereto, as it may be amended from time to time by mutual agreement of Lessee and Operator to add hotel properties or to delete hotel properties as a result of termination of this Agreement with respect to one or more hotel properties pursuant to the termination provisions set forth in this Agreement. “Hotel” shall mean any hotel set forth on Exhibit A as it may be amended from time to time.

  • POPs means the population covered by a license or group of licenses. Unless otherwise noted, as used in the Management Agreement, pops means the most recent Xxxx-XxXxxxx Population Survey estimate of the population of a geographic area.

  • Supplier Profit Margin means, in relation to a period, the Supplier Profit for the relevant period divided by the total Charges over the same period in respect of any Call Off Agreements and expressed as a percentage;

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Specific goals means specific goals as contemplated in section 2(1)(d) of the PPPFA which may include contracting with persons, or group of persons, historically disadvantaged by unfair discrimination on the basis of race, gender and disability including the implementation of programmes of the Reconstruction and Development Programme as published in Government Gazette No. 16085 dated 23 November 1994.

  • Guest means an individual who meets the requirements of Subsection 32B-6-407(9).

  • Baseline Personnel Security Standard means the pre-employment controls for all civil servants, members of the Armed Forces, temporary staff and government contractors generally.

  • Gross Margin With respect to each Adjustable Rate Mortgage Loan, the fixed percentage set forth in the related Mortgage Note that is added to the Index on each Adjustment Date in accordance with the terms of the related Mortgage Note used to determine the Mortgage Rate for such Mortgage Loan.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • CAISO Revenues means the credits, fees, payments, revenues, interest or similar benefits, including imbalance energy payments, that are directly assigned by the CAISO to the CAISO Global Resource ID for the Generating Facility for, or attributable to, Scheduling or deliveries from the Generating Facility under this Agreement.

  • POPI means the Protection of Personal Information Act, 4 of 2013;

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.

  • Budgets has the meaning set forth in Section 2.12(b).

  • Advertising Costs The Company will determine with the Agent the amount of advertising that may be appropriate in soliciting offers to purchase the Book-Entry Notes. Advertising expenses will be paid by the Company.

  • New M&O Revenue means, with respect to any school year, the total State and local Maintenance and Operations Revenue that the District received, after all adjustments have been made to such Maintenance and Operations Revenue in accordance with the provisions of the Applicable School Finance Law for such school year.

  • Hotel means any establishment used for the purpose of temporary, overnight lodging for which a fee is paid and reservations are required.

  • Airport lounge means a business location:

  • Specific Conditions means the conditions in addition or in variation to the general conditions which the Commission may lay down specifically for a distribution licensee;

  • TIF Revenues means incremental ad valorem taxes generated on the Redevelopment Project Property by the Project which are to be allocated to and paid to the Authority pursuant to the Act.

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).

  • Retail margin means an amount, reflecting differences in

  • Operating Margin means the incremental adjustments, measured in megawatts, required in PJM Region operations in order to accommodate, on a first contingency basis, an operating contingency in the PJM Region resulting from operations in an interconnected Control Area. Such adjustments may result in constraints causing Transmission Congestion Charges, or may result in Ancillary Services charges pursuant to the PJM Tariff.

  • advertising structure means any screen, fence, wall or other physical structure or object erected to display an advertisement or which is in itself an advertisement or used to display an advertisement.