Fiber Business definition

Fiber Business means the business of the Borrower and its Subsidiaries engaged in or through their optical fiber solutions group comprising the worldwide design, manufacturing, marketing, sales and distribution of fiber optic communications system components consisting of premium and commodity optical fiber, fiber optic cable, specialty fiber devices and fiber optic apparatus and premises equipment and the provision of design, engineering, installation and technical support related to such products.
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Fiber Business means all business conducted by Logix (OTHER THAN the CLEC Business), including, without limitation, the business relating to the provision of "LONG-HAUL" telecommunications transport services in Texas, Oklahoma, and Colorado on a wholesale basis to private, business, and government end-users. FIBER/FORTE means Xxxxxx Fiber/XXXXX of Colorado, Inc., an Oklahoma corporation and a Wholly-owned Subsidiary of Parent. FINANCIAL HEDGE means (a) a swap, collar, floor, cap, or other contract which is intended to reduce or eliminate the risk of fluctuations in interest rates, or (b) any other currency swap or hedging arrangement acceptable to Administrative Agent in its sole discretion, SO LONG AS, in either case, any such Financial Hedge obtained by any Loan Party satisfies the following requirements: (i) any Lender or financial institution issuing such Financial Hedge shall calculate its credit exposure in a reasonable and customary manner; (ii) all documentation for such Financial Hedge shall conform to ISDA standards and must be acceptable to Administrative Agent with respect to any intercreditor issues; (iii) if issued by any Lender or any Affiliate of a Lender to Borrower, the credit exposure under such Financial Hedge shall be secured by Liens in and to the Collateral as evidence by the Collateral Documents on a PARI PASSU basis with the Liens of Administrative Agent (held for the benefit of Lenders), and such Lender or Affiliate issuing a Financial Hedge shall, by acceptance of the benefits of such Liens in the Collateral agree to the provisions of SECTION 12.12; and (iv) such Financial Hedge shall be incurred in the ordinary course of business and consistent with prior business practices of the Companies and not for speculative purposes.
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Fiber Business means the business of making or having made, selling, distributing, tolling, manufacturing, blending, developing, marketing and supporting the Fiber Products as currently conducted by the Seller, including all such business conducted at the Leased Real Property and the Owned Real Property.
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Examples of Fiber Business in a sentence

  • This adjustment reflects the reversal of deferred income taxes attributable to the net assets of the Fiber Business.

  • To the Knowledge of Seller, no third Person is infringing, violating, misappropriating or unlawfully using, or threatening to infringe, violate, misappropriate or unlawfully use, any of the Proprietary Rights of Seller primarily used in the Fiber Business.

  • No employee of Seller who is not a Business Employee is primarily involved in the Fiber Business.

  • Following Closing, Seller will use commercially reasonable efforts to assist Purchaser in obtaining new or substitute Permits that are necessary for Purchaser’s conduct of the Fiber Business immediately following the Closing.

  • The Seller owns certain rights and assets used in the Seller’s conduct of the Fiber Business.

  • For the fiscal year ended December 31, 2009, (a) for the Cable Business, EBITDA was approximately $155 million and (b) for the Fiber Business, EBITDA was approximately $63 million, in each case as calculated and subject to the qualifications set forth herein.

  • Seller will pay all Taxes imposed on the Seller or for which the Seller is or will be liable with respect to the Purchased Assets or the Fiber Business, whether to taxing authorities or to other persons (pursuant to a tax sharing agreement or otherwise), for the Pre-Closing Tax Period.

  • In 2019, the Group actively promoted internal restructuring, and based on the business development of petrochemicals, new materials and joint venture cooperation, established the Carbon Fiber Business Unit to streamline the management units in the Company.

  • Purchaser has performed an independent investigation, examination, analysis and verification of the business, assets, liabilities, operations and financial condition of Seller, including Purchaser’s own estimate of the value of the Fiber Business and the Purchased Assets.

  • Set forth on Schedule 3.22(c) is a general description of all of the material product warranty claims currently pending or made within the past three (3) years against Seller in the Fiber Business or relating to the Fiber Products.


More Definitions of Fiber Business

Fiber Business means the delivery of fiber-based high-capacity data and internet transport services to carrier, enterprise and other large commercial end user customers through the Company’s RCN Metro Optical Networks business unit, and which currently constitutes the Company’s RCN Metro operating segment.
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Fiber Business is defined in Section 6.17(a).
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Fiber Business means the optical fiber (including ocean fiber) related assets and optical fiber (including ocean fiber) manufacturing facilities of OFS (other than the assets of the Norcross Plant that are allocated to the Cable Business), which includes (i) the assets associated with OFS's Sturbridge, Massachusetts facilities and (ii) a joint venture interest in Litespec Optical Fiber, LLC.
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Related to Fiber Business

  • Other Business(es means any business activity we or our Affiliates engage in, other than the licensing of the Hotel.

  • Former Business means any corporation, partnership, entity, division, business unit, business or set of business operations that has been sold, conveyed, assigned, transferred or otherwise disposed of or divested (other than solely in connection with the Restructuring), in whole or in part, or the operations, activities or production of which has been discontinued, abandoned, liquidated, completed or otherwise terminated, in whole or in part, in each case, by either Group prior to the Distribution Time.

  • Micro Business means a company which either:

  • Other Business means business of the Licensee other than the Licensed Business;

  • Business has the meaning set forth in the Recitals.

  • Auto business means the business or occupation of selling, repairing, servicing, storing or parking "autos".

  • Similar Business means (1) any business conducted or proposed to be conducted by the Borrower or any of its Restricted Subsidiaries on the Closing Date, and any reasonable extension thereof, or (2) any business or other activities that are reasonably similar, ancillary, incidental, complementary or related to, or a reasonable extension, development or expansion of, the businesses in which the Borrower and its Restricted Subsidiaries are engaged or propose to be engaged on the Closing Date.

  • Core Business means any material line of business conducted by the Company and its Subsidiaries as of the Closing Date and any business directly related thereto.

  • 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;

  • 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;

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

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

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term "Managerial Responsibilities" for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as that Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term "SunTrust Affiliate" for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of §424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under §424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term "Territory" for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) "Trade Secret" for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.

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

  • Company Business means the business of the Company as presently conducted.

  • 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 —

  • 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.