Sherwood Trust Financing Statement Sample Clauses

Sherwood Trust Financing Statement. Borrower represents and warrants that (i) Borrower's subsidiary, Optaphone Systems, Inc. ("Optaphone"), was acquired by Borrower in 2000, and (ii) the UCC-1 Financing Statement filed in the Office of the California Secretary of State in favor of Sherwood Trust with respect to Optaphone Systems, Ltd., a Texas limited partnership (File No. 0123660795, filed August 21, 2001) does not encumber any of Borrower's or any of its subsidiaries' (including SILICON VALLEY BANK SCHEDULE TO LOAN AND SECURITY AGREEMENT Optaphone's) assets and does not pertain to Borrower or any of its subsidiaries (including Optaphone). Borrower: Silicon: ZHONE TECHNOLOGIES, INC. SILICON VALLEY BANK By By ------------------------------- -------------------------------- President or Vice President Title ----------------------------- Form: -3 (3/7/02) Version -9 Exhibit 1 Licenses and other agreements which prohibit Borrower from granting a security interest therein to Silicon

Sherwood Trust Financing Statement. Borrower represents and warrants that (i) Borrower’s subsidiary, Optaphone Systems,