Common use of Purpose and Powers Clause in Contracts

Purpose and Powers. (a) The purpose of the Company shall be to engage in any lawful business that may be engaged in by a limited liability company organized under the Act.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Acco Brands Corp), Limited Liability Company Agreement (ACCO International Holdings, Inc.), Limited Liability Company Agreement (Intelsat Subsidiary (Gibraltar) LTD)

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Purpose and Powers. (a) The purpose of the Company shall be is to engage in any lawful business that may be engaged in by act or activity for which a limited liability company may be organized under the Act. The Company shall have all power necessary or convenient for the conduct, promotion, or attainment of such acts and activities.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Boston Gear LLC), Limited Liability Company Agreement (Boston Gear LLC), Nuttall Gear LLC (Boston Gear LLC)

Purpose and Powers. (a) The purpose of the Company shall be is to engage in any lawful business that act or activity for which limited liability companies may be engaged formed under the Act and to engage in any and all activities necessary or incidental thereto. The Company shall have all the powers necessary or convenient to carry out the purposes for which it is formed, including the powers granted by a limited liability company organized under the Act.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (American Homeowner Preservation 2015A LLC), Limited Liability Company Agreement (AHP Servicing LLC), Limited Liability Company Agreement (AHP Servicing LLC)

Purpose and Powers. (a) The purpose of the Company is, and the Company shall be have the power and authority, to engage in and carry on any lawful business that may be engaged in by business, purpose or activity for which a limited liability company organized may be formed under the Act. The Company may, and shall have all power and authority to, take any and all actions as may be necessary, appropriate, proper, advisable, incidental, convenient to or in furtherance of the foregoing purpose.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Genon Americas Generation LLC), Limited Liability Company Agreement (Mirant Mid Atlantic LLC), Limited Liability Company Agreement (Mirant Americas Generation LLC)

Purpose and Powers. (a) The purpose of the Company shall be is to engage in the transaction of development, construction and sale of residential homes, and any or all lawful business that businesses for which limited liability companies may be engaged in by a limited liability company organized formed under the Act.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement (National Credit & Guaranty CORP), Limited Liability Company Operating Agreement (National Credit & Guaranty CORP), Limited Liability Company Operating Agreement (National Credit & Guaranty CORP)

Purpose and Powers. (a) The purpose of the Company shall be to may engage in or carry on any lawful business that may be engaged in by or activity for which a limited liability company may be organized under the Act, and shall have the power and authority to take any and all actions necessary, appropriate, proper, advisable, incidental or convenient to or for the furtherance of such business or activity.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

Purpose and Powers. (a) The purpose of the Company shall be is to engage in the transaction of any or all lawful business that businesses for which limited liability companies may be engaged in by a limited liability company organized formed under the Act.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Kimball Hill, Inc.), Limited Liability Company Operating Agreement (National Credit & Guaranty CORP)

Purpose and Powers. (a) The purpose of the Company shall be is to engage in any lawful business that act or activity for which limited liability companies may be engaged in by a limited liability company organized formed under the Act. Subject to the provisions of this Agreement, the Company shall have the power to engage in any and all acts in furtherance of, or incidental to, such purpose.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (J.M. Tull Metals Company, Inc.), Limited Liability Company Agreement (Ryerson International Material Management Services, Inc.)

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Purpose and Powers. (a) The purpose of the Company shall be is to engage in any lawful business that act or activity for which limited liability companies may be engaged in by a limited liability company organized formed under the ActColorado Act and in any and all activities necessary or incidental thereto.

Appears in 1 contract

Samples: Limited Liability Company Agreement (TWO RIVERS WATER & FARMING Co)

Purpose and Powers. (a) The purpose of the Company shall be to engage in any lawful business act or activity for which limited liability companies may be formed under the Act. Except as expressly provided to the contrary in this Agreement, the Company possesses and may exercise, to the fullest extent permitted by law, all powers and privileges that may be engaged in by a limited liability company organized under necessary or convenient to the Actconduct, promotion, or attainment of the businesses, purposes, or activities of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Purpose and Powers. (a) The purpose of the Company shall be is to engage in any lawful business that may be engaged in by a limited liability company organized permitted under the Act and the Company shall have all powers permitted under the Act.

Appears in 1 contract

Samples: Operating Agreement (Omnisource Corp)

Purpose and Powers. (a) The purpose of the Company shall be is to engage in any and all lawful business that may be engaged businesses or activities in by which a limited liability company organized may be engaged under the Actapplicable law.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Green Tree SerVertis Acquisition LLC)

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