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 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.

Fiber Business means the business of providing fiber-optic cable network connectivity solutions and related managed services, in each case to “mass markets” (i.e., residential or small business) fiber customers.

Examples of Fiber Business in a sentence

RCN Telecom (Lehigh) shall distribute all of its assets and liabilities related to the Fiber Business to RCN NY Newco.
RCN-BecoCom LLC shall distribute all of its assets and liabilities related to the Fiber Business to RCN MA Inc.
Except as set forth on Schedule 3.5(h), the Acquired Intellectual Property and the services delivered under the Transition Services Agreement constitute all of the Proprietary Rights necessary to conduct the Fiber Business in the same manner as the Fiber Business has been conducted by Seller during the twelve (12) month period prior to Closing.
The Seller owns certain rights and assets used in the Seller’s conduct of the Fiber Business.
The quantities of each item of Inventory are not excessive (taking into account applicable Contract requirements), but are reasonable in the circumstances of the Fiber Business.
If Unifrax transfers only a portion of the Ceramic Fiber Business as contemplated in subsection (iii) above and retains the remaining portion for itself, then the amounts provided for in Article 4.4(c) and (d) of the Warranty Agreement shall apply to the aggregate of the claims made by Unifrax and the Permitted Assigns.
Except as set forth on Schedule 3.15(b), Seller has not received any written notice since January 1, 2014 that any Material Vendor intends to cancel, terminate or otherwise modify its Relationship with Seller or the Fiber Business.
The conduct of the Fiber Business has not infringed, violated, misappropriated, or unlawfully used, or is infringing, violating, misappropriating or unlawfully using, any Proprietary Rights of any third Person.
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.
The parties acknowledge that two cars presently owned by Carborundum Italia, the details of which are identified in EXHIBIT 2.13 hereto, do not relate to the Ceramic Fiber Business.

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.

Fiber Business is defined in Section 6.17(a).

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 ▇▇▇▇▇▇ Fiber/▇▇▇▇▇ 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.

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.

Fiber Business means the “fiber to home network” of the Company (as such operations are described in the Annual Report on Form 10-K of the Company for the fiscal year ended December 31, 2024), as used, operated and conducted (or held for use, operation or conduct) immediately prior to the Closing by the Company and its Subsidiaries, consisting of telecommunications infrastructure offerings of fiber of (a) leasing, subleasing, licensing, granting an indefeasible right of use, renting or otherwise selling or granting any rights to use fiber optic cabling or networks, whether as dark fiber or as lit services, (b) offering, selling and providing bandwidth services and fiber optic networks and (c) providing any managed solutions in connection with the foregoing sub-clauses (a) and (b).