Common use of Business Purpose Clause in Contracts

Business Purpose. The Company is organized for the purposes of engaging in any lawful act or activity for which limited liability companies may be organized under the Act.

Appears in 98 contracts

Samples: Operating Agreement (ARAMARK FHC Kansas, Inc.), Operating Agreement (ARAMARK FHC Kansas, Inc.), Limited Liability Company Agreement (ARAMARK FHC Kansas, Inc.)

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Business Purpose. The Company is organized for the purposes purpose of engaging in any lawful act or activity for which limited liability companies may be organized under the Act. Except as otherwise provided in the Act or by other applicable law, the Company will have the power to do all things necessary or convenient to effect any or all of its business purposes.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Cellu Tissue Corp - Oklahoma City), Limited Liability Company Agreement (Coastal Paper CO), Limited Liability Company Agreement (Autodie LLC)

Business Purpose. The Company is organized for the purposes purpose of engaging in carrying on any lawful act business, purpose or activity for which limited liability companies may be organized permitted it under Section 18-106 of the ActAct (as defined herein) or any successor provision and all activities reasonably necessary or conducive to such purpose.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Intelsat Global Sales & Marketing Ltd.), Liability Company Agreement (Intelsat Subsidiary (Gibraltar) LTD), Limited Liability Company Agreement (Intelsat Subsidiary (Gibraltar) LTD)

Business Purpose. The Company is organized for the purposes of engaging to engage in any lawful act or activity for which a limited liability companies company may be organized formed under the Company Act.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement (Keyspan Corp), Limited Liability Company Operating Agreement (Keyspan Corp), Limited Liability Company (TGT Pipeline LLC)

Business Purpose. The purpose of the Company is organized for the purposes of engaging to conduct any business activity in any lawful act or activity for which a limited liability companies may be company organized under the ActAct may be lawfully engaged in and to conduct any and all activities related or incidental thereto, including the acquisition, improvement, leasing, operation, mortgage and disposition of personal property and real property.

Appears in 4 contracts

Samples: Operating Agreement (Minnesota Corn Processors LLC), Operating Agreement (Minnesota Corn Processors LLC), Operating Agreement (Minnesota Corn Processors LLC)

Business Purpose. The purpose of the Company is organized for the purposes of engaging to engage in any lawful act or activity for which limited liability companies may be organized under the Act.

Appears in 3 contracts

Samples: Contribution Agreement (RiverBanc Multifamily Investors, Inc.), Limited Liability Company Agreement (RiverBanc Multifamily Investors, Inc.), Limited Liability Company Agreement (RiverBanc Multifamily Investors, Inc.)

Business Purpose. The Company is organized for the purposes of engaging profit and it may engage in any and all lawful act or activity business for which limited liability companies may be organized under the Act, and engage in any or all activities related or incidental thereto.

Appears in 2 contracts

Samples: Operating Agreement (Pacific Ethanol, Inc.), Operating Agreement (US BioEnergy CORP)

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Business Purpose. The Company is organized for the purposes of engaging in to perform any lawful act business, purpose or activity for as may be determined from time to time by the Management Committee in which a limited liability companies company may be organized engaged under applicable law (including the Act), subject to Section 6.1.5 of this Agreement (collectively, the “Business”).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Granite Peak Resources, LLC)

Business Purpose. The purpose of the Company is organized for the purposes of engaging to conduct any activity in any lawful act or activity for which a limited liability companies company may be organized under lawfully engage pursuant to the Act, as the Board of Directors may from time to time determine in its discretion in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Horizon Lines Ventures, LLC)

Business Purpose. The Company is organized for the purposes purpose of engaging in carrying on any lawful act business, purpose or activity for which limited liability companies may be organized permitted under Section 18-106 of the ActAct (as defined herein) or any successor provision and all activities reasonably necessary or conducive to such purpose.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Intelsat Luxembourg Investment S.a r.l.)

Business Purpose. The Company is organized for the purposes of engaging to engage in any lawful act or activity for which a limited liability companies company may be organized formed under the ActAct and the applicable laws of any jurisdiction in which the Company engages in business.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Equinox Holdings Inc)

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