Common use of MFN Clause Clause in Contracts

MFN Clause. The Founders shall not enter into an operating agreement with respect to an Affiliated LLC or Zhone Investors FF, L.L.C. except on such terms as are identical to this Agreement in all material respects or as approved by the Class A Member, which approval shall not be unreasonably withheld.

Appears in 1 contract

Sources: Operating Agreement (Zhone Technologies Inc)

MFN Clause. The Founders shall not enter into an operating ---------- agreement with respect to an Affiliated LLC or Zhone Investors FF, L.L.C. except on such terms as are identical to this Agreement in all material respects or as approved by the Class A Member, which approval shall not be unreasonably withheld.

Appears in 1 contract

Sources: Operating Agreement (Zhone Technologies Inc)