Common use of Business of LLC Clause in Contracts

Business of LLC. The LLC shall be authorized to engage in any lawful act or activity for which a limited liability company may be organized under the Act. Initially, the purpose of the LLC shall be to design, source, market, distribute and sell apparel under the William Rast(TM) brand pursuant to a license from the owner of such xxxxxxxxx.

Business of LLC. The LLC shall be authorized to engage in any lawful act or activity for which a limited liability company may be organized under the Act. Initially, the purpose of the LLC shall be to designown, sourceand license others (including a Member or any of its Affiliates) rights to, market, distribute and sell apparel under the trademark "William Rast(TM) brand pursuant to a license from the owner of such xxxxxxxxxRast" in all classifications.