Common use of PURPOSE AND SCOPE OF BUSINESS Clause in Contracts

PURPOSE AND SCOPE OF BUSINESS. The purpose of the Company is to engage in any lawful act or activity for which a limited liability company may be organized under the Act. Subject to the terms and conditions of this Agreement, the Company shall have the power and authority to do all such acts and things as are permitted and authorized under the Act and as may be necessary, desirable, expedient, convenient for, or incidental to, the furtherance and accomplishment of the foregoing objective and purpose and for the protection and benefit of the Company.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Builders FirstSource of Nashville, Inc.), Limited Liability Company Agreement (Builders FirstSource of Nashville, Inc.), Limited Liability Company Agreement (Builders FirstSource of Nashville, Inc.)

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