Examples of Oaktree Director in a sentence
In the event that no Oaktree Director is able to attend a meeting of the Board of Directors or any committee thereof, the Oaktree Member may, by notice sent prior to the time of such meeting, appoint an alternate to attend such meeting in the stead of an Oaktree Director, and such alternate shall have all the same rights, privileges and obligations at such meeting, including as to voting, as an Oaktree Director.
The Company shall reimburse each TPG Director, Oaktree Director, JHI Director, Principal Sponsor Designee and JHI Designee for all reasonable and documented out-of-pocket expenses incurred in connection with such director’s or designee’s participation in the meetings of the Board or any committee of the Board, including reasonable travel, lodging and meal expenses.
Meetings of the Board of Directors may be called by a Chairman, the Chief Executive Officer or upon the written request of two Directors (provided, that after the expiration of the Initial Period, if at any time there is only one Oaktree Director, such Oaktree Director may call a meeting of the Board of Directors), on three business days’ notice (or, in the case of exigent circumstances, on 24 hours’ notice) to each Director, either personally, by telephone or by email.
During the Initial Period, (a) any Oaktree Director may be removed, with or without cause, at any time, by the Oaktree Member, by written notice to the Brookfield Member, (b) any Brookfield Director may be removed, with or without cause, at any time, by the Brookfield Member, by written notice to the Oaktree Member, and (c) any Joint Director may be removed, with or without cause, at any time, jointly by the Oaktree Member and the Brookfield Member.
The Company shall at all times cause the Class B Directors, the Oaktree Director and the Tinicum Director to be elected to the board of directors of each of LBI Media Holdings and LBI Media, Inc (the “Specified Subsidiaries”).
Improvements to public transport facilities, including existing bus infrastructure/passenger facilities needs to be part of the proposal.
Notwithstanding any such resignation or any other resignation by any Class B Director, Oaktree Director or Tinicum Director, as the case may be, such Person shall have such rights with respect to limitation of liability, indemnification and other similar rights no less than such Person had immediately prior to such resignation pursuant to the Company’s or the Specified Subsidiary’s governing documents, contract and applicable Law.
After the expiration of the Initial Period, any Oaktree Director may be removed, with or without cause, at any time, by the Oaktree Member, by written notice to the Brookfield Member, and any Brookfield Director may be removed (including any Joint Director reclassified as a Brookfield Director following the Initial Period), with or without cause, at any time, by the Brookfield Member, by written notice to the Oaktree Member.
Unless the Board otherwise requests, the office of a Director shall be vacated in the event of a reduction in the number of available Oaktree Director or Solon Director designations in accordance with the provisions of Section 2(a), respectively, in which case the Oaktree Investor or the Solon Investors, as the case may be, shall use its best efforts to obtain the resignation of its designee(s) from the Board and any committee on which such Director serves.
Oaktree Capital Management, LLC ("Oaktree") has designated one of the initial Class V Directors (the "Oaktree Director").