Common use of Purpose of the Company Clause in Contracts

Purpose of the Company. The purposes of the Company are to carry on any lawful business, purpose or activity permitted by the Act. The Company shall be authorized to engage in any and all other activities, whether or not related to the foregoing, which in the judgment of the Board may be beneficial or desirable. Subject to the limitations expressly set forth in this Agreement, the Company shall have the power and authority to do any and all acts and things deemed necessary or desirable by the Board to further the Company’s purposes and carry on its business.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (K-Sea GP Holdings LP), Limited Liability Company Agreement (Penn Virginia GP Holdings, L.P.), Limited Liability Company Agreement (Penn Virginia GP Holdings, L.P.)

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Purpose of the Company. The purposes purpose of the Company are shall be to carry on engage in any lawful business, purpose act or activity permitted by the Act. The Company shall be authorized to engage in possess and may exercise all of the powers and privileges granted by the Act, by any other Law or by this Agreement (if not prohibited by the Act), together with any powers incidental thereto, so far as such powers and all other activities, whether privileges are necessary or not related convenient to the foregoingconduct, which in the judgment promotion or attainment of the Board may be beneficial business purposes or desirable. Subject to the limitations expressly set forth in this Agreement, the Company shall have the power and authority to do any and all acts and things deemed necessary or desirable by the Board to further activities of the Company’s purposes and carry on its business.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (GoDaddy Inc.), Limited Liability Company Agreement (GoDaddy Inc.), Limited Liability Company Agreement (GoDaddy Inc.)

Purpose of the Company. The purposes purpose of the Company are to carry on any lawful business, purpose or activity permitted by the Act. The Company shall be authorized to engage in any and all other activities, whether or not related to the foregoing, which in the judgment of the Board such activities as may be beneficial or desirable. Subject to the limitations expressly set forth in this Agreement, the Company shall have the power and authority to do any and all acts and things deemed necessary or desirable permitted by the Board to further the Company’s purposes and carry on its businesslaw.

Appears in 3 contracts

Samples: Operating Agreement (JCH Group LLC), Operating Agreement (JCH Group LLC), Operating Agreement (AVH Carolinas, LLC)

Purpose of the Company. The purposes purpose of the Company are to carry on any lawful business, purpose or activity permitted by the Act. The Company shall be authorized to engage in any and all other activitieslawful act or activity for which limited liability companies may be formed under the Act. In furtherance of its purpose, whether or not related but subject to the foregoing, which in the judgment provisions of the Board may be beneficial or desirable. Subject to the limitations expressly set forth in this Agreement, the Company shall have all powers necessary and appropriate for the power and authority to do any and all acts and things deemed necessary or desirable by accomplishment of such purpose that are conferred upon limited liability companies under the Board to further the Company’s purposes and carry on its businessAct.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Kraton Polymers LLC), Limited Liability Company Agreement (Polymer Holdings Capital CORP)

Purpose of the Company. The purposes purpose of the Company are to carry on any lawful business, purpose or activity permitted by the Act. The Company shall be authorized to engage in any and all other activities, whether or not related to the foregoing, which in the judgment of the Board such activities as may be beneficial or desirable. Subject to the limitations expressly set forth in this Agreement, the Company shall have the power and authority to do any and all acts and things deemed necessary or desirable permitted by the Board to further the Company’s purposes and carry on its businesslaw.

Appears in 2 contracts

Samples: Operating Agreement (AVH Carolinas, LLC), Operating Agreement (AVH Carolinas, LLC)

Purpose of the Company. The purposes business and purpose of the Company are to carry on any lawful business, purpose or activity permitted by the Act. The Company shall be authorized to conduct and engage in any and all other activities, whether or not related to activities that are permitted under the foregoing, which in the judgment provisions of the Board may be beneficial or desirable. Subject to the limitations expressly set forth in this Agreement, the Company shall have the power and authority to do any and all acts and things deemed necessary or desirable by the Board to further the Company’s purposes and carry on its businessAct.

Appears in 2 contracts

Samples: Operating Agreement (Comstock Resources Inc), Operating Agreement (Bois D Arc Energy LLC)

Purpose of the Company. The purposes purpose of the Company are to carry on any lawful business, purpose or activity permitted by the Act. The Company shall be authorized to engage in any and all other activities, whether or not related lawful business the Company may undertake pursuant to the foregoingPlan, which in the judgment Confirmation Order, and the Plan Administrator Agreement. In furtherance of the Board may be beneficial or desirable. Subject its purposes, but subject to the limitations expressly set forth in provisions of this Agreement, the Company shall have all powers necessary and appropriate for the power and authority accomplishment of such purposes that are conferred to do any and all acts and things deemed necessary or desirable by limited liability companies under the Board to further the Company’s purposes and carry on its businessAct.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

Purpose of the Company. The purposes purpose and business of the Company are to carry on any lawful business, purpose or activity permitted by the Act. The Company shall be authorized to engage in any lawful business activity agreed to by the Voting Members (as hereinafter defined) and all to conduct such other activities, whether activities as may be necessary or not related appropriate to promote the foregoing, which in the judgment business of the Board Company. The Company may be beneficial exercise all the powers and privileges either granted or desirable. Subject to limited under the limitations expressly set forth in this Agreement, the Company shall have the power and authority to do any and all acts and things deemed necessary or desirable by the Board to further the Company’s purposes and carry on its businessAct.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Purpose of the Company. The purposes purpose of the Company are to carry on any lawful business, purpose or activity permitted by the Act. The Company shall be authorized to engage in any and all other activities, whether or not related to the foregoing, which in the judgment of the Board such activities as may be beneficial or desirable. Subject to the limitations expressly set forth in this Agreement, the Company shall have the power and authority to do any and all acts and things deemed necessary or desirable permitted by the Board to further the Company’s purposes and carry on its businesslaw.

Appears in 1 contract

Samples: Operating Agreement (AVH Carolinas, LLC)

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Purpose of the Company. The purposes purpose and business of the Company are shall be to carry on any engage in products and lawful business, purpose or business activity permitted agreed to by the ActVoting Members (as herein defined) and to conduct such other activities as may be necessary or appropriate to promote the business of the Company. The Company shall be authorized to engage in any may exercise all the powers and all other activities, whether privileges either granted or not related to limited under the foregoing, which in the judgment of the Board may be beneficial or desirable. Subject to the limitations expressly set forth in this Agreement, the Company shall have the power and authority to do any and all acts and things deemed necessary or desirable by the Board to further the Company’s purposes and carry on its businessAct.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Fresh2 Group LTD)

Purpose of the Company. The purposes purpose and business of the Company are to carry on any lawful business, purpose or activity permitted by the Act. The Company shall be authorized to engage in any lawful business activity agreed to by the Members and all to conduct such other activities, whether activities as may be necessary or not related appropriate to promote the foregoing, which in the judgment business of the Board Company. The Company may be beneficial exercise all the powers and privileges either granted or desirable. Subject to limited under the limitations expressly set forth in this Agreement, the Company shall have the power and authority to do any and all acts and things deemed necessary or desirable by the Board to further the Company’s purposes and carry on its businessAct.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Miller Petroleum Inc)

Purpose of the Company. The purposes purpose of the Company are shall be to carry on engage in any lawful business, purpose act or activity permitted by the Act. The Company shall be authorized to engage in possess and may exercise all of the powers and privileges granted by the Act, by any other law or by this Agreement (if not prohibited by the Act), together with any powers incidental thereto, so far as such powers and all other activities, whether privileges are necessary or not related convenient to the foregoingconduct, which in the judgment promotion or attainment of the Board may be beneficial business purposes or desirable. Subject to the limitations expressly set forth in this Agreement, the Company shall have the power and authority to do any and all acts and things deemed necessary or desirable by the Board to further activities of the Company’s purposes and carry on its business.

Appears in 1 contract

Samples: Merger Agreement (Sprouts Farmers Markets, LLC)

Purpose of the Company. The purposes of the Company are Company’s business and purpose shall be to carry on conduct any lawful business, purpose business or activity permitted activities determined by the Act. The Company shall be authorized to engage in any and all other activitiesManaging Member, whether or not related to the foregoing, which in the judgment of the Board may be beneficial or desirable. Subject to the limitations expressly set forth in consistent with this Agreement, and to exercise all powers enumerated in the Company shall have the power and authority to do any and all acts and things deemed Act necessary or desirable by convenient to the Board to further conduct, promotion, or attainment of the Company’s business or purposes and carry on its businessotherwise set forth herein.

Appears in 1 contract

Samples: Operating Agreement (Edison Nation, Inc.)

Purpose of the Company. The purposes of the Company are to may carry on any lawful business, purpose or activity permitted by for which limited liability companies may be organized under the Act. The Company shall be authorized to engage in possess and may exercise all the powers and privileges granted by the Act or by any other law, together with any powers incidental thereto, so far as such powers and all other activities, whether privileges are necessary or not related convenient to the foregoingconduct, which in the judgment promotion or attainment of the Board may be beneficial business, purposes or desirable. Subject to the limitations expressly set forth in this Agreement, the Company shall have the power and authority to do any and all acts and things deemed necessary or desirable by the Board to further activities of the Company’s purposes and carry on its business.

Appears in 1 contract

Samples: Operating Agreement (Neose Technologies Inc)

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