FIBER SWAP definition
FIBER SWAP means any exchange or lease of fiber optic strands or conduit in exchange for the ownership or use of other fiber optic strands or conduit.
FIBER SWAP means the exchange of network local or long-distance capacity of a subsidiary of the Borrower for network local or long-distance capacity, as the case may be, of other local or long-distance carriers, as the case may be, and, to the extent the value of the capacity exchanged exceeds that of the capacity received, cash.
FIBER SWAP means a fiber swap with *** on terms reasonably satisfactory to the Purchaser pursuant to which the Companies shall achieve *** , which physical redundancy shall be reasonably satisfactory to the Purchaser.