Business and Purposes Sample Clauses

Business and Purposes. The business and purpose of the Company shall be to operate a radiation therapy center (“Radiation Therapy Center”) in Gettysburg, Pennsylvania and engage in all activities incidental thereto, and to engage in such other business, and have such other purposes, as the Members may from time to time jointly determine and as are permitted by the Act.
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Business and Purposes. The business and purposes of the company are (a) to pursue the actions described in paragraph A. of the Recitals set forth above, which Recitals are deemed to be true, correct and a part of these Regulations; and (b) to engage in any other lawful act or activity which may be carried on by a limited liability company under the Act which the Members may from time to time authorize or approve pursuant to the provisions of these Regulations, whether or not related to the business described in these Regulations or to any other business at the time engaged in by the Company.
Business and Purposes. The limited business and purposes of the Company are (a) to develop, construct, acquire, own, operate, manage, lease, sell, finance and encumber the Property; and (b) to engage in such other activities as are reasonably incidental to the foregoing with respect to the Property. The Company shall not engage in any business or activity unrelated to the Project.
Business and Purposes. The sole business of the Partnership shall be and the purposes of the Partnership shall be limited to (i) owning, holding, managing and disposing of ownership interests (as a Partner) in the SPE Owners, and (ii) carrying on all activities reasonably related thereto (but not including the acquisition of additional property or other material assets not related to the ownership, holding, managing and disposing of ownership interests (as a Partner) in the SPE Owners. The business and purpose of the SPE Owners are (i) to own, hold, develop, construct, lease, operate, manage, maintain, improve, repair, sell, finance and refinance the US Commercial Properties, directly or through one or more agents, for the production of income; and (ii) to carry on any activities, directly or indirectly, incidental or related thereto. The Partnership shall be the sole member of each SPE Owner’s general partner and the Partnership shall be the sole limited partner of each SPE Owner.
Business and Purposes. The sole business of the Partnership shall be and the purposes of the Partnership shall be limited to (i) owning, holding and disposing of ownership interests (as a partner, member or shareholder, as applicable) in the Subsidiaries and (ii) carrying on all activities reasonably related thereto (but not including the acquisition of additional property or other material assets not related to the ownership and management of ownership interests in the Subsidiaries). The business and purpose of each of the Subsidiaries is (i) to own, hold, develop, construct, lease, operate, manage, maintain, improve, repair, sell, finance and refinance the Hotels, directly or through one or more agents, for the production of income; and (ii) to carry on any and all activities, directly or indirectly, incidental or related thereto. The Partnership may acquire additional hotel properties (other than xxx Xxxxx Hotel Property and the Sandusky Hotel Property) as may be approved by CNL LP and GW LP.
Business and Purposes. The sole business and purpose of the Company shall be (i) to own a 100% ownership interest in the Subsidiary, and (ii) to carry on any and all activities, directly or indirectly, incidental or related hereto (but not including the acquisition of material assets not related to the ownership and management of the Subsidiary). The sole business and purpose of the Subsidiary shall be (i) to acquire, own, hold, develop, construct, lease, operate, manage, maintain, improve, repair, sell, finance and refinance the Property, directly or through one or more agents or contractors, for the production of income, and (ii) to carry on any and all activities, directly or indirectly, incidental or related thereto. The Company shall be the sole member of the Subsidiary.
Business and Purposes. The sole business of the Company shall be and the purposes of the Company shall be limited to (i) owning, holding and disposing of ownership interests (as a partner, member or shareholder, as applicable) in the Subsidiaries, and (ii) carrying on all activities reasonably related thereto.
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Business and Purposes. The purpose and business of the Company is to engage in any lawful act or activity for which limited liability companies may be organized under the Act.
Business and Purposes. The business and purposes of the Company shall be to engage in all activities that limited liability companies may engage in under the Act. The Company may sell or otherwise dispose of all or substantially all of its assets and any such sale or disposition shall be considered to be within the scope of the Company’s business.
Business and Purposes. The sole business of the Partnership shall be and the purposes of the Partnership shall be limited to (i) holding a leasehold interest in the Golf Course Property and developing, constructing, leasing, operating, managing, maintaining, improving, repairing, selling, financing and refinancing the Golf Course, directly or through one or more agents, for the production of income; and (ii) carrying on any and all activities, directly or indirectly, incidental or related thereto.
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