Common use of Telephone and Similar Meetings Clause in Contracts

Telephone and Similar Meetings. Executives may participate in and hold Executive Committee meetings by means of conference telephone or similar communications equipment by means of which all Executives participating in the meeting can simultaneously hear each other. Participation in a meeting so conducted shall constitute attendance and presence in person at such meeting, except where an Executive participates in the meeting for the express purpose of objecting to the transaction of any business on the ground that the meeting is not lawfully called or convened.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Five Point Holdings, LLC)

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Telephone and Similar Meetings. Executives may participate in and hold Executive Committee meetings a meeting by means of conference telephone or similar communications equipment by means of which all Executives participating in the meeting can simultaneously hear each other. Participation in a meeting so conducted shall constitute attendance and presence in person at such meeting, except where an Executive participates in the meeting for the express purpose of objecting to the transaction of any business on the ground that the meeting is not lawfully called or convened.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Five Point Holdings, LLC)

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Telephone and Similar Meetings. Executives Members of the executive committee may participate in and hold Executive Committee meetings a meeting by means of a conference telephone or similar communications equipment by means of which all Executives persons participating in the meeting can simultaneously hear each other. Participation in such a meeting so conducted shall constitute attendance and presence in person at such the meeting, except where an Executive a person participates in the meeting for the express purpose of objecting to the transaction of any business on the ground that the meeting is not lawfully called or convened.

Appears in 1 contract

Samples: Share Exchange Agreement (Globalink, Ltd.)

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