Common use of Purpose of Company Clause in Contracts

Purpose of Company. The principal purpose of the Company shall be to acquire, operate, manage, develop, renovate, upgrade, improve, finance, market and potentially dispose of the Acquired Assets directly, or through one or more Subsidiaries of the Company. The Company may also engage in any other business or activity ancillary thereto that a limited liability company may be engaged in under applicable law, subject to approval of the Board and any other applicable provisions of this Agreement.

Purpose of Company. The principal purpose of the Company shall be be: (a) to acquire, operateown, manage, develop, renovate, upgrade, improve, finance, market manage and potentially dispose of the Acquired Assets directly, or through liquidate one or more Subsidiaries Company Assets which shall consist of the Company. The Company may also real property located described in the Supplement, (b) engage in any and all activities necessary, incidental, proper, advisable or convenient to the foregoing, and (c) to engage in any and all other business or activity ancillary thereto that a limited liability company lawful activities and transactions as may be engaged necessary, advisable, or desirable, as determined by the Manager, in under applicable lawits sole discretion, subject to approval of carry out the Board and foregoing or any other applicable provisions of this Agreement.reasonably related activities.‌

Purpose of Company. The principal purpose of the Company shall be be: (a) to acquire, operateown, manage, develop, renovate, upgrade, improve, finance, market manage and potentially dispose of the Acquired Assets directly, or through liquidate one or more Subsidiaries Company Assets which shall consist of the Company. The Company may also real property located described in the Supplement, (b) engage in any and all activities necessary, incidental, proper, advisable or convenient to the foregoing, and (c) to engage in any and all other business or activity ancillary thereto that a limited liability company lawful activities and transactions as may be engaged necessary, advisable, or desirable, as determined by the Manager, in under applicable lawits sole discretion, subject to approval of carry out the Board and foregoing or any other applicable provisions of this Agreementreasonably related activities.