Local Exchange definition

Local Exchange means a legal entity that: (i) is based in the country of establishment of the Executing Broker; (ii) is a licensed stock exchange under the rules of the country of establishment of the Executing Broker; (iii) is a Participating Exchange that has concluded a Participation Agreement with SEE Link that is valid on the Effective Date of this Agreement; and (iv) has admitted the Executing Broker as its member.
Local Exchange. Local traffic to be terminated on each party's local network so that customers of either party have the ability to reach customers of the other party without the use of access codes.
Local Exchange means a facility in the public switched telecommunications network to which user lines are connected within a local exchange;

Examples of Local Exchange in a sentence

  • Closure of the Competitive Local Exchange Carriers (“CLECs”) In August 2002, the Company filed a motion with the Bankruptcy Court for approval to close operations in 14 markets that were served by the Company’s CLECs. The CLECs provided local telephone service to certain geographic markets and competed with local telephone exchange carriers.

  • The CRTC has determined the per line/per band portable subsidy rate for all Local Exchange Carriers.

  • Subtending Central Offices shall be determined in accordance with and as identified in the Local Exchange Routing Guide (LERG).

  • In addition, for jointly provided intraLATA 800/888 Service Traffic between two Local Exchange Carriers, the Originating Company is responsible for billing its tariffed Basic 800/888 Number Query charge to the Terminating Company.

  • For purposes of calculating the access charges due Local Exchange Carriers with respect to 800/888 Service Traffic, the Originating Company shall be deemed the Terminating Company.


More Definitions of Local Exchange

Local Exchange. CARRIER" (LEC) is As Defined in the Act.
Local Exchange means any person that is engaged in the provision of Telephone Exchange Service or Exchange Access. Such term does not include a person insofar as such person is engaged in the provision of a commercial mobile service under Section of the Act, except to the extent that the FCC finds that such service should be included in the definition of such term.
Local Exchange is the geographic territory delineated as a Local Exchange area for ICTC by official ICC boundary maps.
Local Exchange means a facility in the public switched telecommunica- tion network to which user lines are connected within a local exchange; ‘local exchange area’ means a geographically defined and limited area, as 5 defined by the exchange area code allocated by the Authority for that area, to which all exchange lines are connected and which are served by
Local Exchange. CARRIER" (LEC) is As Defined in the Act. GENERAL TERMS AND CONDITIONS-SBC-13STATE PAGE 00 XX 00 XXX-00XXXXX/XXXXX XXXXXXX XX XXXXXXXX 000000
Local Exchange means any exchange equipped with suitable facilities, capability and interface to serve the Consumer.
Local Exchange means a facility in the public switched telemmmunications