Common use of Business and Purpose of the Company Clause in Contracts

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. The sole purpose of the Company is to (ia) either directly or through a wholly-owned subsidiary, acquire, own, finance, refinance, rehab, develop, leasesyndicate, operate, managemaintain, hold for investmentfinance, exchange, sell, dispose of, develop and transfer sell the Property (as defined below)or organize, and hold and eventually sell, the membership interests in a special purpose entity that acquires, finances, develops, leases, and sells the Property) and (iib) engage in any such other activities relating or incidental thereto as may be are necessary or desirable to accomplish such purpose.. The Company may not engage in any business unrelated to its purpose without the prior written consent of the Preferred Memberpurposes.

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. The sole purpose of the Company is to (ia) either directly or through a wholly-owned subsidiary, acquire, ownown and operate the Properties and to that end hold, financeimprove, mortgage, maintain, refinance, rehab, develop, lease, operate, manage, hold for investmentlease and dispose of the Properties, exchange, sell, dispose of, and transfer the Property (as defined below)or an undivided interest therein, and (iib) engage in any such other activities relating to or incidental thereto as may be are 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 Memberpurposes.

Business and Purpose of the Company. The sole purpose of the Company is ----------------------------------- to (ia) either directly or through a wholly-owned subsidiary, acquire, ownown and operate the Property and to that end hold, financeimprove, mortgage, maintain, refinance, rehab, develop, lease, operate, manage, hold for investmentlease and dispose of the Property, exchange, sell, dispose of, and transfer the Property (as defined below)or an undivided interest therein, and (iib) engage in any such other activities relating to or incidental thereto as may be are 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 Memberpurposes.

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 each Preferred Member.

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 each Preferred Member.

Business and Purpose of the Company. The purpose of the Company is to (i) either directly or through a wholly-owned subsidiaryacquire, acquiremarket, finance, own, financesell, refinanceencumber, rehab, developservice, lease, operate, manage, hold for investment, exchange, sell, dispose of, and transfer maintain the Property (as defined below), Properties; and (ii) engage conduct any and all activities 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 Memberconnection therewith.