Business and Purpose of the Company. The purpose of the Company is to (i) either directly or through a wholly-owned subsidiary, acquire, own, finance, refinance, rehab, develop, lease, operate, manage, hold for investment, exchange, sell, dispose of, and transfer the Property (as defined below), and (ii) engage in any other activities relating or incidental thereto as may be necessary to accomplish such purpose.. The Company may not engage in any business unrelated to its purpose without the prior written consent of the Preferred Member.
Business and Purpose of the Company. (a) The purpose of the Company is to design, develop, finance and operate a mobile personal emergency response service (“Mobile PERS”) (and services considered ancillary thereto by the Mobile PERS industry in general as determined by Supermajority Approval of the Board), in the Territory (as such purpose may be amended, supplemented or otherwise modified from time to time, with the Supermajority Approval of the Members in accordance with Section 5.6 of this Agreement, the “Business”). The Company shall be an association among the Members only for such specifically authorized business purpose and shall not be deemed to create any association among the Members with respect to any other activities whatsoever other than the activities within such business purpose described herein.
Business and Purpose of the Company. The purpose of the Company is to (i) purchase, manufacture, lease and sell, either directly or through one or more special purposes entities, the Equipment, (ii) engage in any other activities relating or incidental thereto as may be necessary to accomplish such purpose and (iii) engage in such other activities as determined by the Manager which are allowed under Nevada law.
Business and Purpose of the Company. The purpose of the Company is to (i) qualify as a Qualified Opportunity Fund and participate in the Qualified Opportunity Zone program enacted under the Tax Cuts and Jobs Act, (ii) acquire, hold and, in the Manager’s sole discretion, dispose of a membership interest in the Venture, act as managing member of the Venture and (iii) engage in any other activities relating or incidental thereto as may be necessary to accomplish such purpose and (v) engage in such other activities as determined by the Manager which are allowed under Utah law.
Business and Purpose of the Company. The purpose of the Company is to (i) acquire, directly or indirectly, entire or undivided interests in multifamily apartment communities, and to manage, lease, finance, refinance, operate and dispose of multifamily apartment communities, (ii) make investments, directly or indirectly, in multifamily real estate related assets (including, but not limited to, mezzanine, bridge or other real estate loans or preferred equity investments) and (iii) engage in such other activities relating to or incidental as are necessary to accomplish such purposes.
Business and Purpose of the Company. The purposes for which the Company has been formed and the powers that it may exercise are: (1) to engage in any lawful business, purpose or activity in which a limited liability company formed under the Act may engage, including without limitation, any and all lawful activities involving the business of owning and holding directly all of the limited liability company interests of Yak Interests and owning and holding indirectly through Yak Interests all of the limited liability company interests of Yak Ventures, the business purpose of which shall be to, among other things, acquire, finance, refinance, develop, revitalize, lease, maintain, own, operate, manage, enhance and sell or otherwise dispose of the Property; and (2) to do any and all things incidental to the accomplishment of the foregoing purposes, including, but not limited to, hiring and terminating employees, agents, independent contractors, attorneys, accountants, and other personnel, all as the Managers shall determine in accordance with this Agreement (clauses (1) and (2) of this Article 4 collectively referred to herein as the “Business of the Company”). Without in any way restricting the power or authority of the Company, the Company may and shall have all power and authority appropriate to accomplish the foregoing, including, without limitation, the power and authority to hold, acquire or purchase, improve, manage, operate, or lease real property; to incur indebtedness, secured and unsecured, related to such real property; to mortgage, finance, refinance, encumber, lease, sublease, sell, exchange, convey, or transfer interests in such real property; or otherwise deal with or dispose of such real property, as well as contracting for necessary or desirable services of attorneys, accountants and other professionals.
Business and Purpose of the Company. The purpose of the Company is to transact any and all lawful business for which a limited liability company may be organized under the laws of the State of Delaware.
Business and Purpose of the Company. The business purpose of the Company (the “Business of the Company”) is limited solely to engaging in the following activities:
Business and Purpose of the Company. The purposes for which the Company has been formed are (a) to exploit, develop, license, commercialize, and otherwise deal with identity management and related technologies; (b) to conduct any other lawful business as may be approved by the Members of the Company in the manner provided in this Agreement; and (c) to do all things necessary, convenient or incidental to the foregoing. The Company may enter into such contracts, agreements, ventures or arrangements with such other Persons as may be deemed necessary by the Board of Directors to accomplish any of its purposes. The Company shall have the power to do all things which the Board of Directors believes to be necessary and appropriate in furtherance of the Company’s purposes.
Business and Purpose of the Company. The nature of the business and the purposes to be conducted and promoted by the Company is to engage solely in the following activities:
