Business of Company. The Company was organized to engage in any business or activity permitted under the Act, including owning membership interests in, and serving as the managing member of, the Venture. The Company shall have the full power and authority to conduct its business as provided by this Agreement, the Act and applicable law.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (CBL & Associates Limited Partnership), Limited Liability Company Agreement (CBL & Associates Limited Partnership), Limited Liability Company Agreement (CBL & Associates Limited Partnership)
Business of Company. The Company was organized to engage in any business or activity permitted under the Act, Act including owning membership interests in, and serving as the managing member of, the Venture. The Company shall have the full power and authority to conduct its business as provided by this Agreement, the Act and applicable law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CBL & Associates Limited Partnership)