Common use of Management Purposes Clause in Contracts

Management Purposes. In conducting the business of the Company, the Managing Member shall be bound by the Company’s purpose(s) set forth in Article III.

Appears in 3 contracts

Sources: Operating Agreement, Operating Agreement, Operating Agreement (Hoku Scientific Inc)

Management Purposes. In conducting the business of the Company, the Managing Member Member-Manager shall be bound by the Company’s 's purpose(s) set forth in Article III.

Appears in 1 contract

Sources: Operating Agreement (Boston Capital Tax Credit Fund Iv Lp)