Retail Activities definition

Retail Activities means such activities that constitute the provision of goods or services by the Appointee directly to one or more End-Users, and such activities ancillary to such provision including ownership of meters, and that are so designated from time to time (which designation, for the avoidance of doubt, shall be reversible) by the Water Services Regulation Authority, but for the avoidance of doubt shall not include the following:

Retail Activities means providing any kind of financial product or service to a person that is typically offered or provided by a local financial institution, including, but not limited to, all of the following:

Retail Activities means the sale of Products in or through: (a) the physical Retail Stores or Kiosks branded and owned or managed by third parties; (b) physical Retail Stores and Kiosks branded with the Marks in the form of the Names, provided that the Licensee shall obtain the prior written approval of VEL (in VEL’s reasonable discretion) in advance of opening any Retail Stores; and (c) the Internet, mail order or telesales, online and all other forms of direct sales routes;

Examples of Retail Activities in a sentence

• Where after 1 April 2019 the Appointee requests the Water Services Regulation Authority to make a reference to the Competition and Markets Authority in respect of any determination under sub-paragraph 9.3 concerning Retail Activities, or under sub-paragraph 9.4 concerning Water Resources Activities, Bioresources Activities or Network Plus Activities, such reference must comprise all such determinations made under sub-paragraphs 9.3 or 9.4 at the same time relating to the Appointee.

• This Part 3A applies where the Water Services Regulation Authority has notified the Appointee by 31 December in the Charging Year before the Review Charging Year that a Price Control determined under sub-paragraph 8.3 in respect of the Appointee’s Retail Activities or sub-paragraph 8.4 in respect of the Appointee's Water Resources Activities or Network Plus Water Activities may be adjusted to reflect the Appointee’s performance in relation to a specific Performance Commitment.

• Where after 1 April 2019 the Appointee requests the Water Services Regulation Authority to make a reference to the Competition and Markets Authority in respect of any determination under sub-paragraph 9.3 concerning Retail Activities, or under sub- paragraph 9.4 concerning Water Resources Activities, Bioresources Activities or Network Plus Activities, such reference must comprise all such determinations made under sub-paragraphs 9.3 or 9.4 at the same time relating to the Appointee.

• This Part 3A applies where the Water Services Regulation Authority has notified the Appointee by 31 December in the Charging Year before the Review Charging Year that a Price Control determined under sub-paragraph 9.3 in respect of the Appointee’s Retail Activities or sub-paragraph 9.4 in respect of the Appointee's Water Resources Activities, Bioresources Activities or Network Plus Activities may be adjusted to reflect the Appointee’s performance in relation to a specific Performance Commitment.

• Under this Part the Water Services Regulation Authority may determine the question of whether there should be a change to the revenue allowed under, or, as the case may be, the level of, any Price Control determined under sub- paragraph 9.3 in respect of the Appointee’s Retail Activities or sub-paragraph 9.4 in respect of its Water Resources Activities, Bioresources Activities or Network Plus Activities for the following and any subsequent Charging Year and, if so, the amount of such change.

More Definitions of Retail Activities

Retail Activities means the sale of Products in or through: (a) the physical Retail Stores or Kiosks branded and owned or managed by third parties; (b) physical Retail Stores and Kiosks branded with the Marks in the form of the Names, provided that the Licensee shall obtain the prior written approval of VEL (in VEL’s reasonable discretion) in advance of opening any Retail Stores; and (c) the Internet, mail order or telesales, online and all other forms of direct sales routes; Retail Store means any fixed, permanent retail establishment (whether stand alone or forming a concession within a larger retail outlet) which sells Products and all other fixed, permanent retail environments other than Kiosks; Roaming Services means services offered to Customers by the Licensee which permit Customers to use their Handsets outside the Territory through agreements with third-party providers to access to such third party’s Mobile Voice and Data Services, Content Services and Value Added Services when outside of the Territory; Royalties means the payments described in Clause 4; Social Networking Services means all social networking applications and services, excluding dating services and personal advertisements; SPCS has the meaning set forth in Clause 9.3(b); SPCS Change of Control Termination has the meaning set forth in Clause 9.3(b); Stored Value Card means a re-loadable, pre-paid debit or stored value card to be used by Customers of Licensee for the purchase of goods and services, including Products, and allows Customers to earn points or credits redeemable for Products; subsidiary and holding company shall be construed in accordance with Section 736 of the Companies Xxx 0000; Term means the period beginning on the Commencement Date and ending December 31, 2027; Territory means the United States of America, the US Virgin Islands and Puerto Rico; TM Guidelines means the guidelines approved by VEL in relation to the permitted form, manner and context in which the Marks may be used, as amended from time to time, which include the Virgin Brand Book, the Little Red Book, the Direct Selling Guidelines and Outsourcing Guidelines set out in Exhibit B; V Xxxx means any xxxx that:

Retail Activities means the sale of Products in or through (a) the physical Retail Stores or Kiosks branded and owned or managed by third parties; (b) physical Retail Stores and Kiosks branded with the Marks in the form of the Names, provided that the Licensee shall obtain the prior written approval of VEL (in VEL’s reasonable discretion) in advance of opening any Retail Stores; and (c) the Internet, mail order or telesales, online and all other forms of direct sales routes; Retail Store means any fixed, permanent retail establishment (whether stand alone or forming a concession within a larger retail outlet) for the sale of Products which are branded with the Marks in the form of the Names and all other fixed, permanent retail environments other than Kiosks;

Retail Activities means the following activities, to the extent that such activities relate to Contestable Customers and Non-Contestable Customers: billing, payment handling, non- network calls, debt management, meter reading and such other activities that are incidental to any of the foregoing as the Water Services Regulation Authority may from time to time designate, after prior consultation with the Appointee, pursuant to sub-paragraph 4.9 below, but for the avoidance of doubt, shall not include any of the following activities: abstraction, treatment, distribution and supply of water, collection, treatment and disposal of waste water , meter ownership, maintenance or installation;

Retail Activities means all activities necessary for charging End Users and all ancillary activities including –

Retail Activities and “SMEs banking business” means the offering to clients and SMEs of deposit, lending, current account, other money transmission services, installment credit and leasing business, credit card operations, bancassurance products, wealth management, private banking and investment services, commercial finance/factoring, the domestic and foreign exchange operations (foreign currency notes and travelers' cheques and foreign currency-related products and services), and the direct telephone and online banking services.

Retail Activities means any activities wholly and exclusively carried out (or which in the absence of horizontal or vertical integration would wholly and exclusively be carried out) in the course of supplying Retail Products and any activities wholly and exclusively carried out in the course of such activities, excluding those activities which are Wholesale Services;

Retail Activities means providing any kind of financial product or service to a person that is typically offered or provided by a local financial institution, including, but not limited to: (A) accepting a deposit of any kind from a person (including credit union shares); or (B) granting a loan or extension of credit of any kind.