Retailing Business definition
Retailing Business means (a) the businesses and operations of HSN Spinco and its Subsidiaries as described in the Prospectus forming a part of HSN Spinco’s Registration Statement, (b) any other business conducted primarily through the use of the HSN Assets prior to the Effective Time and (c) the businesses and operations of Business Concerns acquired or established by or for HSN Spinco or any of its Subsidiaries after the date of this Agreement.
Retailing Business means (a) the businesses and operations of HSN Spinco and its Subsidiaries as described in the Prospectus forming a part of HSN Spinco’s Registration Statement, (b) any other business conducted primarily through the use of the HSN Assets prior to the Effective Time and
Examples of Retailing Business in a sentence
Although the Retailing Business has been attributing significant revenue and gross profit to the Company, the gross profit is insufficient to cover the high selling and distribution expenses incurred, which resulted in significant continual losses of approximately HK$25.4 million, HK$24.5 million and HK$69.1 million for the three financial years ended 31 March 2015, 2016 and 2017 respectively.
For purposes of this Agreement, "Competing Food or Drug Retailing Business" shall mean any business, firm or enterprise engaged in a food and drug retailing business substantially similar to that of either Safeway, or any of its subsidiaries, within any geographical location(s) in which Safeway operates.