Common use of Alternate Members of Committees Clause in Contracts

Alternate Members of Committees. The Board of Directors may, without limitation of Section 6.12 with respect to the appointment of an alternate member by the Brookfield Member or Oaktree Member, designate one or more Directors as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee, or if none be so appointed the member or members thereof present at any meeting and not disqualified from voting, whether or not such member or members or they constitute a quorum, may unanimously appoint another member of the Board of Directors to act at the meeting in the place of any such absent or disqualified member.

Appears in 4 contracts

Samples: Operating Agreement (Brookfield Oaktree Holdings, LLC), Operating Agreement (Oaktree Capital Group, LLC), Operating Agreement (Oaktree Capital Group, LLC)

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Alternate Members of Committees. The Board board of Directors may, without limitation of Section 6.12 with respect to the appointment of an alternate member by the Brookfield Member or Oaktree Member, directors may ------------------------------- designate one or more Directors directors as alternate members of any committee, who . Any such alternate member may replace any absent or disqualified member at any meeting of the committee, or if none be . If no alternate committee members have been so appointed to a committee or each such alternate committee member is absent or disqualified, the member or members thereof of such committee present at any meeting and not disqualified from voting, whether or not such member or members he or they constitute a quorum, may unanimously appoint another member of the Board board of Directors directors to act at the meeting in the place of any such absent or disqualified member.

Appears in 1 contract

Samples: Merger Agreement (Evergreen Media Corp)

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