3Purpose Sample Clauses

The 'Purpose' clause defines the main objective or intent behind the agreement or contract. It typically outlines what the parties aim to achieve through their relationship, such as the provision of specific services, the sale of goods, or a collaborative project. By clearly stating the contract's purpose, this clause helps ensure that all parties have a mutual understanding of the agreement's scope and prevents misunderstandings about its intended use or application.
3Purpose. The purpose of the Company is to engage in any lawful act or activity for which a limited liability company may be formed within the State of Wyoming, including but not limited to managing or providing advice with respect to investment assets.
3Purpose. For purposes of this BPA, Schedule 75 contractors are asked to provide commercially available office products. The BPA is intended to enable the Federal Government to utilize its economies of scale to order office products; provide maximum opportunity for small businesses; and provide fast and effective ordering of office products. In this process, the Government is looking for prompt, cost effective delivery of products and effective customer service. Establishing the BPA is intended to leverage the buying power of several agencies and provide lower prices and better service through the use of DOD EMALL, GSA Advantage!®, contractor operated website, facsimile, email, phone or other means agreed to by the ordering agency and the contractor. Allowing all orders to be processed through various methods will provide the Government valuable information about the products the Government uses to strategically manage its purchasing based on transaction data. The BPA will also ensure statutory compliance with the Javits-▇▇▇▇▇▇-O-Day (JWOD) Act (41 USC 46-48c) that requires the Government to purchase supplies on the Procurement List from JWOD participating nonprofit agencies (most JWOD purchases by authorized commercial distributors are through an approved wholesaler) if available within the period required (FAR 8.704), as well as compliance with the Trade Agreements Act (TAA), Resource Conservation and Recovery Act (RCRA), Section 6002, and Executive Order (EO) 13101, Greening the Government through Waste Prevention, Recycling and Federal Acquisition. For more details on the Environmental Protection Agency’s Comprehensive Procurement Guidelines, please visit ▇▇▇.▇▇▇.▇▇▇/▇▇▇. Federal Agencies are also required by Executive Order 13101 and the Federal Acquisition Regulation (FAR) to assess and give preference to those products that are environmentally preferable through the Environmentally Preferable Purchasing (EPP) program. The EPP Program should improve the ability to meet existing environmental goals (See Attachment 6). ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/epp/ It is anticipated that the BPAs will capture economies of scale and generate significant sales volume.
3Purpose. The purpose of the Company is to engage in any lawful act or activity for which a limited liability company may be formed within the State of Delaware, including but not limited to managing or providing advice with respect to investment assets.
3Purpose. The purposes for which the Company is formed and the business and objects to be carried on and promoted by it are limited solely to the following: (1) To acquire, own, hold, sell, transfer, pledge or otherwise dispose of, interests in consumer loan receivables generated on credit card accounts and installment accounts ("RECEIVABLES") acquired by Creditrust and/or any Affiliate (as hereinafter defined), and any other property related thereto, pursuant to the terms of a Receivables Contribution Agreement by and between the Company and Creditrust substantially in the form attached hereto as Exhibit A (the "RECEIVABLES CONTRIBUTION AGREEMENT"), and of an Assignment Agreement by and between Creditrust Funding I LLC and the Company substantially in the form attached hereto as Exhibit B (the "ASSIGNMENT AGREEMENT") and to enter into, comply and perform under such Receivables Contribution Agreement and Assignment Agreement; (2) To authorize, issue, hold, retain an interest (including a subordinated or ownership interest) in, sell, deliver or otherwise deal with notes or other obligations secured by the Receivables ("RECEIVABLES-BACKED NOTES") and, in connection therewith, to pledge or otherwise grant security interests in the Receivables, and any other assets as determined by the Company's Board of Managers; (3) To maintain, enforce, protect and service (or arrange for an agent to so maintain, enforce, protect and service) the Receivables; (4) To finance the acquisition of the Receivables by selling interests in the Receivables to, and/or borrow from, one or more trusts, banks, financial institutions, commercial paper issuers, insurance companies or similar entities, and in connection with any such financing arrangement, to pledge as security all or substantially all of its assets, including, without limitation, all of its right, title and interest in and to the Receivables; (5) To loan or otherwise invest, or to distribute to its Members, the proceeds derived from the sale, pledge or ownership of the Receivables as determined by the Company's Board of Managers; (6) To make investments in equity mutual funds; and (7) To engage in any lawful act or activity and to exercise any powers permitted to limited liability companies organized under the LLC Act that, in either case, are incidental to and necessary or convenient for the accomplishment of the above mentioned purposes.
3Purpose. The Company was formed for the following purposes, all limited within the United States: ▇. ▇▇ own, finance and oversee the construction of Projects and sell the resulting product or products, including renewable natural gas and environmental credits and green attributes, and to own the equity of companies which carry on the foregoing activities; ▇. ▇▇ engage in all such activities as are necessary, convenient, desirable, related or incidental to the foregoing purposes; and C. when authorized by unanimous consent of the Members as provided in Section 5.2A, to engage in any other lawful activity permitted by the Act.
3Purpose. The sole business of this Series is to engage in the following activities and exercise the following powers: (a) developing three (3) feature-length motion pictures based on novels from the book series Calculated (each a “Project”), which collectively constitute Assets (as defined in the Company Agreement) consistent with the Company Agreement; (b) transacting any and all lawful business for which a limited liability company may be formed under the Act in furtherance of the business objectives described in the Company Agreement and herein; and (c) transacting all business necessary, appropriate, advisable, convenient, or incidental to the foregoing provisions and objectives.
3Purpose. The Trust is established and shall be operated and maintained by the Trustee exclusively for the collective investment and reinvestment of the assets of certain employee benefit trusts and other eligible entities, as described below. The Trustee intends that the Trust and each Fund shall qualify as a group trust under Internal Revenue Service Revenue Ruling 81-100, as amended, or any successor ruling, regulation or similar pronouncements, and this Declaration shall be construed, and the Trust and each Fund shall be administered to give effect to that intention. Participating plan sponsors (“Participating Plan Sponsors”) may invest defined contribution retirement plan assets in the Trust. Each plan sponsor may cause its respective plan to join and adopt the Trust and become a Participating Plan by executing a Joinder Agreement (“Joinder Agreement”) which is incorporated into and becomes a part of this Trust by reference.

Related to 3Purpose

  • Program Purpose The purpose of this Program is to provide preventive and primary health care (PHC) for individuals who reside in the state of Texas with a gross family income at or below 200 percent of the federal poverty level (FPL). Grantee shall provide services regardless of race, color, national origin, sex, age, religion, disability, political beliefs, sexual orientation, and family income.

  • NAME/PURPOSE The name of this cooperative service program is the Snohomish County Detention Center Educational Program (hereinafter referred to as "Program"). The general purpose of the cooperative is to provide educational programs for children and youth confined in Snohomish County juvenile detention center as authorized by RCW 28A.310.180 and/or other applicable laws. This Agreement supersedes any Agreement prior to September 1, 2022, between the NWESD and the district which is signatory to this Agreement for the operation of a juvenile detention center education program.

  • GENERAL PURPOSE The purpose of this Agreement is to maintain a harmonious relationship between the Company and its employees; to provide an amicable and equitable method of settling grievances or differences which might possibly arise; to maintain mutually satisfactory working conditions, hours and wages for all employees who are subject to the provisions of this Agreement, and generally to promote the mutual interests of the Company and its employees.

  • Business Purpose The Company may conduct any and all lawful business appropriate in carrying out the Company’s objectives, as permitted under Section ▇▇-▇▇-▇▇▇ of the Act.

  • Purpose The purpose of this Agreement is to identify the terms and conditions of the relationship between TIPS and Vendor. Public entities and qualifying non-profits that properly join or utilize TIPS (“TIPS Members”) may elect to “piggyback” off of TIPS’ procurements and agreements where the laws of their jurisdiction allow. TIPS Members are not contractual parties to this Agreement although terms and conditions of this Agreement may ensure benefits to TIPS Members.