Optical Business definition

Optical Business means the sale of lenses, eyeglasses and other prescription and non-prescription eyewear.
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Optical Business defined. “Optical business” means a business engaged in ophthalmic dispensing.‌
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Optical Business means the Seller’s operations which design, develop, manufacture, distribute and sell, directly or indirectly, alone, jointly, or through one or more intermediaries: (a) optical amplifiers, transponders, transceivers, receivers, and transmitters; (b) remote management systems for any of the foregoing products; and (c) hardware, software and firmware for any of the products listed in (a) and (b).
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Examples of Optical Business in a sentence

  • Note 4: The Net Intercompany Payables relate predominantly to historical support and financial subsidies that have been provided by the Retained Group to the Optical Business.

  • This relatively high level of debt would mean that it would not be economically feasible for the Group to make further borrowings to fund the proposed growth plans for the Optical Business.

  • Note 2: As set out in the SPA, the existing banking facilities of the Optical Business will be settled prior to Completion.

  • As at 30 September 2017, the carrying value of the Optical Business was approximately negative HK$88 million.

  • The Optical Business operating under the Optical 88 brand is undergoing a major strategy change where further capital commitment would be needed and future profitability is not guaranteed.

  • The Optical Business holds bank debt of HK$119 million as of 30 September 2017.

  • Funding requirements for the Optical Business As a consequence of the major strategy change in the Optical Business to address the increasing competitiveness in the markets in which it operates, it is envisaged that further capital contributions will be needed to fund future investment growth of the Optical Business.

  • Note 3: As set out in the SPA, the Optical Business will be disposed with a cash amount equating to approximately HK$56 million at Completion.

  • Part of the Macau Properties will continue to be used by the Retained Group as retail shops for the Remaining Business, with the remainder of the Macau Properties to be leased to the Optical Business for the Optical Business’ current use as retail shops.

  • The term "Optical Business" shall mean the sale of lenses, eyeglasses and other prescription and non-prescription eyewear.


More Definitions of Optical Business

Optical Business shall have the meaning assigned to such term in ---------------- Recital A hereof.
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Related to Optical Business

  • Local Business means a business serving as a contractor as defined in Business and Professions Code section 7026 or a business supplying construction-related materials that has its principal headquarters or permanently staffed regional office and that has held a business license within the zip codes listed above for Local Hire for a minimum of three months prior to the date the entity submits a bid, contract, or proposal for a Public Project. A Local Business contractor must also be properly registered with the Department of Industrial Relations in accordance with Labor Code section 1725.5. Local Business shall also mean any state or nationally certified minority-owned, women-owned, or disabled veteran business that has performed work for the District or other public agency within the zip codes listed above for Local Hire during the past four years. Certification for a disabled veteran business must be provided to the District. Local Business shall also mean a business that participates in an internship program that is currently approved or recognized by the District. The entity may also apply to obtain District approval of its internship program. The internship program must be approved by the District and must be completed by the end of the specific Public Project or by the next semester immediately after completion of the specific Public Project. Local Business shall also mean any entity that uses apprentices from a District approved apprenticeship program.

  • special business means all business transacted at a special meeting of shareholders and all business transacted at an annual meeting of shareholders, except consideration of the financial statements, auditor's report, election of directors and reappointment of the incumbent auditor;

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Principal Business means the primary activity as determined by analyzing the amount of capi- tal, labor, time, attention, and floor space devoted to each business activity and by analyz- ing the sources of net income and gross income. The name, appearance, and advertising of the entity may also be taken into consideration if they are given less weight.

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.

  • Microbusiness means a licensee that may act as a cannabis

  • Micro Business means a company which either:

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Company Business means the business of the Company and its Subsidiaries as presently conducted.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Licensed Business means the activities connected with the conveyance of

  • Additional Business Centre(s means the city or cities specified as such in the relevant Final Terms;

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • Retail business means a business which sells its product directly to a consumer.

  • Parent Business shall have the meaning set forth in the Separation and Distribution Agreement.

  • Relevant Business means any business or part thereof howsoever carried on involving the supply of Restricted Goods and/or Services;

  • Food services means the preparation and serving of nutritionally balanced meals and snacks.

  • Separate Business means each of the activities of the Licensee connected

  • Business has the meaning set forth in the Recitals.