Common use of Purpose and Powers Clause in Contracts

Purpose and Powers. The purpose of the Company is to engage in any activity for which limited liability companies may be organized in the State of Delaware. 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 or activities of the Company.

Appears in 20 contracts

Samples: Limited Liability (Vitamin Shoppe, Inc.), Agreement (Professional Teleconcepts, Inc.), Limited Liability Company Agreement (Viking International Resources Co., Inc.)

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Purpose and Powers. The purpose of the Company is shall be to engage in any activity for which limited liability companies may be organized in the State of Delaware. 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 or activities of the Company.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Keystone Automotive Operations Inc), Limited Liability Company Agreement (Keystone Automotive Operations Inc), Limited Liability Company Agreement (Keystone Automotive Operations Inc)

Purpose and Powers. The purpose of the Company is shall be to engage in any lawful business or activity for which limited liability companies may be organized in formed under the State of DelawareDelaware Act. The Company shall possess and may exercise all of the powers and privileges granted by the Delaware 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 or activities purpose of the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Resolute Energy Corp), Limited Liability Company Agreement (Gulfport Energy Corp), Limited Liability Company Agreement (Alterra Finance LLC)

Purpose and Powers. The purpose of the Company is shall be to engage in any lawful business or activity for which limited liability companies may be organized in formed under the State of DelawareDelaware Limited Liability Act, (6 Del. C. § 18-101, et seq.) (the “Delaware Act”). The Company shall possess and may exercise all of the powers and privileges granted by the Delaware 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 or activities of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Clear Channel Identity, Inc.), Limited Liability Company Agreement (Clear Channel Identity, Inc.), Limited Liability Company Agreement (Clear Channel Identity, Inc.)

Purpose and Powers. The purpose of the Company is to engage in any activity for which limited liability companies may be organized formed in the State of Delaware. 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 or activities of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC), Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC), Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC)

Purpose and Powers. The purpose of the Company is to engage in any activity for which limited liability companies may be organized in the State of Delaware. 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 purpose or activities of the Company.

Appears in 2 contracts

Samples: Purchase Agreement (Chefford Master Manufacturing Co Inc), Limited Liability Company Agreement (Chefford Master Manufacturing Co Inc)

Purpose and Powers. The purpose of the Company is to engage in any activity for which limited liability companies may be organized in the State of Delaware. The Company shall possess and may exercise all of the powers and privileges granted by the Act or Act, by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are or necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Jefferies Group LLC), Limited Liability Company Agreement (Morgan Stanley Capital Trust Iv)

Purpose and Powers. The business and purpose of the Company is shall be to engage in any business or activity for in which a limited liability companies company organized under the laws of Delaware may be organized in the State of Delawarelawfully engage. 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 or activities of the CompanyAct.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (JMP Group LLC), Agreement and Plan of Merger (JMP Group LLC)

Purpose and Powers. The purpose of the Company is to engage in any activity for which limited liability companies may be organized in the State of Delaware. 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 which are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 1 contract

Samples: Operating Agreement (Wangner Itelpa I LLC)

Purpose and Powers. The purpose of the Company is shall be to engage engage, directly or indirectly, in any activity and to enter into any and all agreements, and transact any and all lawful business for which a limited liability companies company may be organized in under the laws of the State of Delaware. The Company shall possess and may exercise all of the powers and privileges granted by Except as otherwise provided in this Agreement, the Act or by any other law or by this Agreementapplicable laws and regulations, together with the Company shall have the power and authority to take any powers and all actions that are necessary, appropriate, proper, advisable, incidental thereto, so far as such powers and privileges are necessary or convenient to or for the conduct, promotion or attainment furtherance of the business purposes or activities of the Companydescribed herein.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Nationwide Health Properties, LLC)

Purpose and Powers. The purpose of the Company is shall be to engage in carry on any lawful business or activity for which limited liability companies may be organized in permitted by the State of DelawareDelaware LLC Act. The Company shall possess is empowered to do any and may exercise all acts and things necessary, appropriate, proper, advisable, incidental to or convenient for the furtherance and accomplishment 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 purpose of the business purposes or activities Company and for the protection and benefit of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Constellation Energy Partners LLC)

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Purpose and Powers. The purpose of the Company is to conduct the Business, to engage in any activity for which activities necessary, customary, convenient or incidental thereto and to engage in any other lawful acts Approved by the Board that a Delaware limited liability companies may be organized company is permitted to engage in under the State of Delaware. 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 or activities of the CompanyAct.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Quigley Corp)

Purpose and Powers. The purpose of the Company is to conduct the Business, to engage in any activity for which limited liability companies may be organized in the State of Delaware. The Company shall possess and may exercise all of the powers and privileges granted by the Act activities necessary, customary, convenient 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 engage in any other lawful acts Approved by the conduct, promotion or attainment of Board that a Delaware limited liability company is permitted to engage in under the business purposes or activities of the CompanyAct.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (SFX Entertainment, INC)

Purpose and Powers. The purpose of the Company is to engage in any activity for which limited liability companies may be organized in the State of Delaware. The Company shall possess and may exercise all of the powers and privileges granted by the Act or Act, by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are or necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.. 1.3

Appears in 1 contract

Samples: Limited Liability Company Agreement (Jefferies Group LLC)

Purpose and Powers. The purpose of the Company is to engage in any activity for which limited liability companies may be organized in the State of Delaware. 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 arc necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Viking International Resources Co., Inc.)

Purpose and Powers. The purpose of the Company is to engage in any activity for which limited liability companies may be organized in the State of Delaware. 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 promotion, or attainment of the business purposes or activities of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Wcof, LLC)

Purpose and Powers. The purpose of the Company is to engage in any activity for which limited liability companies may be organized in the State of Delaware. The Company shall possess and may exercise all of the powers and privileges granted by the Act or by any other law or and all of the lawful powers and privileges granted 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 lawful business purposes or activities of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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