Purpose and Character of Business. The purpose of the Company is to engage in any lawful act or activity for which limited liability companies may be formed under the Act and any and all activities, necessary, convenient, desirable or incidental to the foregoing, and any such other activities as are contemplated by this Agreement or reasonably incidental to the foregoing.
Purpose and Character of Business. The general purpose of the Company is to own and control the Subsidiaries and, through the Subsidiaries, to engage in the Business in accordance with this Agreement and all applicable laws, with a particular view to growing the market share of the beverages sold by the Subsidiaries while maximizing the profits, sales and cash flow of the Company and the Subsidiaries in a manner consistent with the business case model agreed to by the Shareholders. The Shareholders shall ensure that the Business shall be operated in the best interests of the Company and materially in accordance with the AOP and the Strategic Plans.
Purpose and Character of Business. The Company is formed for the purpose of engaging in any lawful act or activity for which limited liability companies may be formed under the Act.
Purpose and Character of Business. Except as provided by the Act, the Company may pursue any purpose or purposes that may be lawfully pursued by any Person.
Purpose and Character of Business. The Company's purpose and --------------------------------- the character of its business shall be to (a) make investments directly or through holding companies in equity and equity-related securities, notes, debentures, limited partnership interests, limited liability company interests, or other equity or debt instruments or other interests or investments of any nature whatsoever, including, without limitation, notes, debentures and common or preferred stock (whether or not convertible or exchangeable), and rights, options and warrants to purchase notes, debentures and common or preferred stock or other securities or debt instruments, or direct or indirect interests in tangible or intangible assets of any kind whatsoever (all of the foregoing being hereafter referred to as "Investments" or as "Portfolio Securities"), in privately or publicly held or solely owned operating or investment businesses or other entities or parts thereof or assets, (b) manage, supervise and dispose of such investments, receiving the profits, losses and income from such activities and engaging in all other activities that are necessary, incidental and ancillary thereto, and (c) pending utilization or disbursement of funds, to invest such funds in Temporary Investments. The Company shall invest only in Investments and Portfolio Securities in which @ Ventures III, L.P., a Delaware limited partnership (the "Domestic Fund"), invests, and in which @ Ventures Foreign Fund III, L.P., a Delaware limited partnership (the "Foreign Fund"), may invest, all in the manner and on the terms contemplated by the Limited Partnership Agreement for the Domestic Fund, as from time to time in effect (the "Domestic Fund Agreement") and by the Limited Partnership Agreement for the Foreign Fund, as from time to time in effect (the "Foreign Fund Agreement"). The Domestic Fund and the Foreign Fund are sometimes hereinafter referred to individually as a "Fund" and collectively as the "Funds," and the Domestic Fund Agreement and the Foreign Fund Agreement are sometimes hereinafter referred to individually as a "Fund Agreement" and collectively as the "Fund Agreements."
Purpose and Character of Business. The primary purpose of the Company shall be to own and operate SB-1 and SB-1A geothermal power plants located within the Steamboat Springs KGRA approximately 10 miles south of downtown Reno, NV near the intersection of U.S. 395 and the Mt. Rose Highway located on an approximate 30 acre parcel of real property located in Washoe County, Nevada, described in Exhibit "A" attached hereto and made a part hereof. The Company shall have all powers necessary to the accomplishment of such purpose. It is agreed that SB Geo, Inc. shall act as operator of the power plant commencing upon acquisition by the Company, under a separate Operating Agreement to be executed by the Company and SB Geo, Inc. and attached hereto as Exhibit "C".
Purpose and Character of Business. 2 SECTION 1.5. Powers..............................................2 SECTION 1.6. Duration............................................2 SECTION 1.7. Filings, Reports and Formalities....................2
Purpose and Character of Business. The nature of the business or --------------------------------- purposes to be conducted or promoted by the LLC is to engage in the following activities:
Purpose and Character of Business. The Company shall have the power, whether conducted directly or indirectly through any type of Investment in any type of Person, to engage in any activity permitted by law related or complementary to the following activities and approved by the Company Manager: acquiring, owning, holding, maintaining, improving, constructing, developing, operating, managing, leasing, selling, exchanging and otherwise dealing with real property; the provision of management, leasing, brokerage, development, construction, construction management or other consulting services in respect of real estate; any other business or activity approved by the Company Manager, and the financing of any of the foregoing activities. Without limiting the generality of the foregoing, (a) Investments may take the form of acquisitions of interests in general partnerships, limited partnerships, joint ventures, corporations, syndicates, associations, business trusts, limited liability companies, undivided interests in real property or co-tenancies in real property, sale-leaseback transactions, or the direct acquisition of investment assets; (b) the Company may acquire interests in property subject to, or by assuming, the liens, encumbrances and other title exceptions which affect the property; and (c) the Company may guarantee debts or obligations of any other Person, pledge, mortgage, encumber and grant security interests in Company property, and buy, sell, lease and deal in services, personal property and real property.
Purpose and Character of Business. The purpose of the --------------------------------- Partnership is to manufacture, assemble, test and sell to Cummins and Case and their Affiliates Licensed Engines, Components, Cummins Products, Case Products and Service Parts. [CONFIDENTIAL INFORMATION CONTAINED HERE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION].
