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) 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) purchase, manufacture, lease and sell, either directly or through one or more special purposes entities, preserve the EquipmentMembers’ capital investment, (ii) engage realize income through its investment in any other activities relating or incidental thereto as may be necessary to accomplish such purpose the Business, and (iii) engage in such other activities as determined by the Manager which are allowed under Nevada law.law in the sole discretion of the Managers. The Company intends to purchase precious metals concentrate with the goal of marketing and selling the precious metal concentrate to international buyers of precious metal