Common use of Business Purpose; Powers Clause in Contracts

Business Purpose; Powers. The Company is formed for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 85 contracts

Samples: Agreement and Plan of Merger (Textron Inc), Limited Liability Company Agreement (FXCM Inc.), Registration Rights Agreement (B. Riley Principal Merger Corp. II)

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Business Purpose; Powers. The Company is formed for the purpose of engaging in any lawful business, purpose or activity business for which limited liability companies may be formed under the Act. The Company shall possess have and may exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion effect any or attainment all of the business purposes or activities of for which the CompanyCompany is organized.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (CDW Government LLC), Limited Liability Company Agreement (CDW Government LLC), Limited Liability Company Agreement (CDW Finance Corp)

Business Purpose; Powers. The Company is formed for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all of the powers and privileges granted by the Act or Act, by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Sabra Phoenix TRS Venture, LLC), Company Agreement (Sabra Phoenix TRS Venture, LLC), Limited Liability Company Agreement (Sabra Phoenix TRS Venture, LLC)

Business Purpose; Powers. The Company is formed for the purpose of engaging in may carry on any lawful business, purpose business or activity for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all of the powers and privileges granted by the Act or Act, by any other law or by this Agreement, together with any powers incidental thereto, so far as including such powers and privileges as are necessary or convenient to the conduct, promotion or attainment of the business business, purposes or activities of the Company.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Nuverra Environmental Solutions, Inc.), Limited Liability Company Agreement (Badlands Power Fuels, LLC), Limited Liability Company Agreement (Hek Water Solutions, LLC)

Business Purpose; Powers. The Company is formed for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the ActCode. The Company shall possess and may exercise all the powers and privileges granted by the Act Code or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Biolectron, Inc.), Limited Liability Company Agreement (Biolectron, Inc.), Limited Liability Company Agreement (Biolectron, Inc.)

Business Purpose; Powers. The Company is formed for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other applicable law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Faraday Future Intelligent Electric Inc.), Operating Agreement (Forida East Coast Railway L.L.C.), Operating Agreement (Forida East Coast Railway L.L.C.)

Business Purpose; Powers. The Company and each Series thereof is formed for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies and each Series thereof may be formed under the Act. The Company and each Series shall possess and may exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the CompanyCompany or such Series, as the case may be.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Springleaf Holdings, Inc.), Limited Liability Company Agreement (Springleaf Holdings, LLC)

Business Purpose; Powers. The Company is formed for the purpose of engaging in may carry on any lawful business, purpose business or activity for which limited liability companies may be formed under the ActCode. The Company shall possess and may exercise all of the powers and privileges granted by the Act or Code, by any other law or by this Agreement, together with any powers incidental thereto, so far as including such powers and privileges as are necessary or convenient to the conduct, promotion or attainment of the business business, purposes or activities of the Company.

Appears in 2 contracts

Samples: Operating Agreement (Hek Water Solutions, LLC), Operating Agreement (Nuverra Environmental Solutions, Inc.)

Business Purpose; Powers. The Company is formed and hereby continued for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (NRG Retail LLC), Limited Liability Company Agreement (NRG Retail LLC)

Business Purpose; Powers. The Company is formed for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far insofar as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Realogy Holdings Corp.), Limited Liability Company Agreement (Anywhere Real Estate Group LLC)

Business Purpose; Powers. The Company is formed for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient desirable to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NCR Atleos, LLC)

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Business Purpose; Powers. The Company is formed for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all of the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Perella Weinberg Partners)

Business Purpose; Powers. The Company is formed for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the ActActs. The Company shall possess and may exercise all the powers and privileges granted by the Act Acts or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Quinlan Jim Chevrolet Co)

Business Purpose; Powers. The Company is formed for the purpose of acquiring and holding stocks and engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Edison Mission Energy)

Business Purpose; Powers. The Company is formed for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other law or by this AgreementAgreement (subject to the terms and conditions of the Series A Preferred Annex), together with any powers incidental thereto, so far insofar as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CrossAmerica Partners LP)

Business Purpose; Powers. The Company Group is formed for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the Act. The Company Group shall possess and may exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the CompanyGroup.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Global Brokerage, Inc.)

Business Purpose; Powers. The Company is formed for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the ActAct and engaging in any and all activities necessary or incidental to the foregoing. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (JGWPT Holdings Inc.)

Business Purpose; Powers. The Company is was formed for the purpose of engaging in any lawful business, purpose or activity for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Dynatrace Holdings LLC)

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