Company Powers. (a) In furtherance of the business purpose specified in Section 2.4 hereof, but subject to the limitations and restrictions set forth in this Agreement, the Company shall be empowered to do or cause to be done, or omit to do or cause to be done, any and all acts deemed to be necessary or advisable in furtherance of the business purpose of the Company, including, without limitation, the power and authority to:
Company Powers. Both Parties agree that having fully qualified persons functioning in their assigned positions is a key element in the sustained development of the Company. Therefore, both Parties understand and agree that the Company enjoys the right to make adjustments to the Employee’s position and responsibilities if and when the Company deems such adjustments appropriate.
Company Powers. The Company shall have all of the powers and rights conferred upon limited liability companies formed pursuant to the Act necessary, convenient or incidental to accomplish the purposes of the Company set forth in Section 7.
Company Powers. The Company shall have such powers and authority as are necessary and appropriate in order to carry out its duties under the Plan, including, without limitation, the power to:
Company Powers. The Company and, subject to Section 4.2, the Board (acting on behalf of 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 of the Company specified in Section 2.3 hereof, including, without limitation, the power:
Company Powers. The Company shall be empowered to do or cause to be done any and all acts and things necessary or advisable in furtherance of the business purpose of the Company described in Section 2.3, subject only to the limitations set forth in Section 4.3 and applicable law.
Company Powers. The Company shall have the power to perform any and all acts and things necessary, appropriate, proper, advisable, incidental to or convenient for the furtherance and performance of such purposes, and for the protection and benefit of its assets.
Company Powers. 14 Section 2.5 Registered Office and Agent ........................................ 15 Section 2.6 Term ............................................................... 15 Section 2.7 Principal Place of Business ........................................ 15 Section 2.8 Title to Company Property .......................................... 15 Section 2.9 Business Transactions of the Members with the Company .............. 15 Section 2.10 Fiscal Year ........................................................ 15 ARTICLE III CAPITAL STRUCTURE AND CONTRIBUTIONS
Company Powers. (a) The Company shall have the power: (i) to acquire and operate the Business; (ii) to acquire or lease all equipment, supplies and services and to make improvements necessary for the ownership, operation, management and maintenance of the Business; (iii) to borrow or raise money necessary for the acquisition, ownership, operation, management and maintenance of the Business; (iv) to use any contributions from the Members for such purposes; (v) to execute any documents required in connection with the foregoing; (vi) to do any and all acts and things which may be necessary, appropriate, proper, advisable, incidental or convenient to or for the furtherance of the Business as contemplated by this Agreement; and (vii) to take any other action permissible under the Act in connection with the Business;
Company Powers. Borrower’s execution, delivery, and performance of this Agreement are within Borrower’s company powers; and this Agreement has been duly authorized by all necessary company action on Borrower’s part, and does not contravene, result in a breach of, or require any consent under any law, judgment, decree, order, or contractual [Credit Agreement] restriction binding on Borrower or any agreement or instrument to which Borrower is a party or to which it or any of its property is subject.
