Character of the Business. The purpose of the Company is to, directly or indirectly, through one ore more subsidiaries, acquire, hold, own, develop, redevelop, construct, improve, maintain, operate, manage, sell, lease, sub-lease, rent, transfer, finance, refinance, encumber, mortgage, convey, exchange and otherwise dispose of, deal with, foreclose upon or exercise rights with respect to, any of the Properties and any other real, personal or intangible property; to exercise all of the powers of a partner, member or owner of an equity interest in the subsidiaries of the Company; to undertake such other activities as may be necessary, advisable, desirable or convenient to carry out the foregoing purposes; and to undertake such other activities as may be undertaken by the Company in accordance with the Act.
Appears in 8 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Clipper Realty Inc.), Limited Liability Company Agreement (Clipper Realty Inc.)
