Oaktree Director definition

Oaktree Director has the meaning set forth in the OCG Operating Agreement.

Oaktree Director has the meaning assigned to such term in Section 6.3(b).

Oaktree Director has the meaning set forth in Section 7A(ii)(b).

Examples of Oaktree Director in a sentence

• 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.

• 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.

• 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.

• 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.

• 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.

More Definitions of Oaktree Director

Oaktree Director has the meaning set forth in Section 2.1.

Oaktree Director has the meaning set forth in the OCG Operating Agreement. “Oaktree Operating Group” means, collectively, the entities (a) in or over which (i) each of OCGH, OEP and either OCG or Atlas (or any successor thereof) have an economic interest and (ii) AOH or OCG has Control and (b) through which the Oaktree Business is conducted or the Oaktree Strategy is pursued. For the avoidance of doubt, each of the following entities are part of the Oaktree Operating Group as of the Effective Date: the Partnership, Oaktree Capital II, L.P., Oaktree Capital Management, L.P., Oaktree Investment Holdings, L.P., Xxxxxxx AIF Investments, L.P., each a Delaware limited partnership, Oaktree Capital Management (Cayman), L.P., a Cayman Islands exempted limited partnership, and any other Subsidiary of OCG, Atlas or AOH (whether now existing or hereafter formed) that is designated part of the Oaktree Operating Group by the Board of Directors (with, prior to the expiration of the Initial Period, the prior written consent of the Brookfield Member and, after the Initial Period, the prior written consent of OCGH, in each case, not to be unreasonably withheld, delayed or conditioned). For the further avoidance of doubt, unless the Board of Directors (with, prior to the expiration of the Initial Period, the prior written consent of the Brookfield Member and, after the Initial Period, the prior written consent of OCGH, in each case, not to be unreasonably withheld, delayed or conditioned) determines otherwise, none of Oaktree New Holdings, LLC, a Delaware limited liability company, AOH, OCG, OCM Holdings I, LLC, a Delaware limited liability company, Oaktree AIF Holdings II, LLC, a Delaware limited liability company, or Oaktree Holdings, Ltd., a Cayman Islands exempted limited liability company, shall be included in the Oaktree Operating Group. “Oaktree Operating Group Member” means any partnership or other entity that is a part of the Oaktree Operating Group.

Oaktree Director means a member of the Board of Directors specified as an Oaktree Director in writing to the Company by one or more of the Oaktree Funds.

Oaktree Director has the meaning assigned to such term in Section 6.3(b). “Oaktree Member” means Oaktree Capital Group Holdings, L.P., a Delaware limited partnership, and any successors thereto. “Oaktree Operating Group” means, collectively, the upper-most entities (a) in or over which (i) each of the Oaktree Member, OEP and either the Company or Atlas Top (or any successor thereof) have an economic interest and (ii) the Company or the SubCo has Control and (b) through which the Oaktree Business is conducted or the Oaktree Strategy is pursued. For the avoidance of doubt, each of the following entities are part of the Oaktree Operating Group as of the date hereof: Oaktree Capital I, L.P., Oaktree Capital II, L.P. (including each series thereof), Oaktree Capital Management, L.P., Oaktree Investment Holdings, L.P., Xxxxxxx AIF Investments, L.P., each a Delaware limited partnership, Oaktree Capital Management (Cayman), L.P., a Cayman Islands exempted limited partnership, and any other Subsidiary of the Company, Atlas Top or the SubCo (whether now existing or hereafter formed) that is designated part of the Oaktree Operating Group by the Board of Directors (with, prior to the expiration of the Initial Period, the prior written consent of the Brookfield Member and, after the Initial Period and for so long as the Oaktree Member has the right to appoint an Oaktree Director, the prior written

Oaktree Director shall have the meaning ascribed to that term in Section 1.1.2 of this Agreement.

Oaktree Director shall have the meaning set forth in the Operating Agreement.

Oaktree Director has the meaning set forth in the BOH Operating Agreement.