Zhone definition
Examples of Zhone in a sentence
Any notice to be given hereunder shall be in writing and shall be deemed given when delivered personally, sent by courier or fax or registered or certified mail, postage prepaid, return receipt requested, addressed to Executive at the most recent address on the Company’s payroll records and to the Company at the address indicated below or to such other address as either party may subsequently give notice of hereunder in writing: To the Company at: DASAN Zhone Solutions, Inc.
All notices, requests, consents and other communications under this Agreement shall be in writing and shall be delivered by hand or fax or sent by a nationally recognized overnight courier service with written verification of receipt: If to the Company: Zhone Technologies, Inc.
Any notice to Zhone under this Agreement shall be given to Zhone at ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.
Zhone and Sub are duly qualified or licensed to do business and in good standing in each jurisdiction in which the nature of its business or properties makes such qualification or licensing necessary, except where the lack of such qualification or licensing (individually or in the aggregate) would not have a Material Adverse Effect on Zhone or Sub.
Zhone has reserved 50,000,000 shares of Common Stock for issuance under the Zhone 1999 Stock Option Plan.
Borrower represents and warrants that the Domestic Subsidiaries are all of its domestic subsidiaries as of the date hereof, except for Zhone Technologies Campus, LLC, which Borrower represents and warrants is a special purpose limited liability company whose sole asset is real property utilized by Borrower and which is not permitted to guaranty the obligations of the Borrower under its agreement with its lender.
The execution and delivery of, and the consummation of the transactions contemplated by, each of the Transaction Documents to which Zhone or Sub is or will be a party, the Zhone 1999 Stock Option Plan, and each Zhone Stock Option Agreement has been duly and validly approved and authorized by all necessary corporate action.
For purposes of the distributions to be made in any such dissolution occurring due to Section 8.1(e), the value of the shares or assets to be distributed will notwithstanding Section 5.5, be determined on the basis of the Exit Price, in the case of a distribution arising from an event described under Section 8.1(e)(ii) above or the proceeds received by the Company in the case of a Zhone Liquidation.
Any failure by BNPLC to so notify Zhone, however, shall not constitute a waiver of BNPLC's right to payment, but absent such notice Zhone shall not be in default hereunder for any underpayment resulting therefrom if Zhone, in good faith, reasonably estimates the payment required, makes a timely payment of the amount so estimated and corrects any underpayment within three Business Days after being notified by BNPLC of the underpayment.
Any notice to be given hereunder shall be in writing and shall be deemed given when delivered personally, sent by courier or fax or registered or certified mail, postage prepaid, return receipt requested, addressed to Executive at the most recent address on the Company’s payroll records and to the Company at the address indicated below or to such other address as either party may subsequently give notice of hereunder in writing: To the Company at: Zhone Technologies, Inc.