Common use of Other Purposes Clause in Contracts

Other Purposes. The Company may engage in activities related or -------------- incidental to its principal purpose, as well as any other business or investment activity as may be approved by the affirmative Vote of all Members. However, as provided in the Act, the Company may not engage in the business of granting policies of insurance, assuming insurance risks, issuing debt instruments for circulation as money or receiving deposits of money.

Appears in 5 contracts

Samples: Operating Agreement (FLN Finance Inc), Operating Agreement (FLN Finance Inc), Operating Agreement (FLN Finance Inc)

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Other Purposes. The Company may engage in activities related or -------------- incidental to its principal purpose, as well as any other business or investment activity as may be approved by the affirmative Vote of all Members. However, as provided in the Act, the Company may not engage in the business of granting policies of insurance, assuming insurance risks, issuing debt instruments for circulation as money or receiving deposits of money.

Appears in 2 contracts

Samples: Operating Agreement (Tci Satellite Entertainment Inc), Operating Agreement (Tci Satellite Entertainment Inc)

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