Purpose; Powers. (a) The purposes of the Company are to engage in the Business and to engage in any and all activities necessary or incidental thereto. (b) 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 the Delaware Act.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Great Elm Capital Corp.), Limited Liability Company Agreement (Great Elm Capital Corp.)
Purpose; Powers. (a) The purposes purpose of the Company are is to engage in the Business any lawful act or activity for which limited liability companies may be formed and to engage in any and all activities necessary or incidental thereto.
(b) 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 the Delaware Act.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Ascend Wellness Holdings, LLC), Limited Liability Company Agreement (Ascend Wellness Holdings, LLC)
Purpose; Powers. (a) The purposes purpose of the Company are is to engage in the Business _________________________and to engage in any and all activities necessary related or incidental thereto.
(b) The Company shall have has the power to do any and all the powers necessary acts necessary, appropriate, proper, advisable, incidental or convenient to carry out and in furtherance of the purposes for which it is formedof the Company set forth in this Section 1.3 and has, including without limitation, any and all powers that may be exercised on behalf of the powers granted Company by the Delaware Act.Manager pursuant to Article V.
Appears in 2 contracts
Sources: LLC Operating Agreement, Operating Agreement
Purpose; Powers. (a) The purposes purpose of the Company are is to engage in the Business and any other lawful act or activity for which limited liability companies may be formed under DGCL and to engage in any and all activities necessary or incidental thereto.
(b) 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 the Delaware ActDGCL.
Appears in 2 contracts
Sources: Joint Venture Agreement (Hempacco Co., Inc.), Joint Venture Agreement (Hempacco Co., Inc.)
Purpose; Powers. (a) The purposes purpose of the Company are is (i) to manufacture products and distribute products in the United States and abroad, and (ii) to engage in any other lawful act or activity for which limited liability companies may be formed under the Business and to engage NRS including engaging in any and all activities necessary or incidental theretothereto (the “Company Business”).
(b) 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 the Delaware ActNRS.
Appears in 1 contract
Sources: Limited Liability Company Operating Agreement (iPower Inc.)
Purpose; Powers.
(a) The purposes purpose of the Company are is to engage in any lawful act or activity for which limited liability companies may be formed under the Business RLLCA and to engage in any and all activities necessary or incidental thereto.
(b) 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 the Delaware ActRLLCA.
Appears in 1 contract
Sources: Operating Agreement
Purpose; Powers. (a) The purposes purpose of the Company are to engage in the Business and is to engage in any and all activities necessary lawful act or incidental theretoactivity for which a limited liability company may be organized under the Act.
(b) The Company shall have has the power to do any and all the powers necessary acts necessary, appropriate, proper, advisable, incidental or convenient to carry out or in furtherance of the purposes for which it is formedpurpose of the Company set form in Section 2.04(a) hereof and has, including without limitation, any and all powers that may be exercised on behalf of the powers granted Company by the Delaware ActBoard of Directors pursuant to Article V hereof.
Appears in 1 contract
Purpose; Powers. (a) The purposes purpose of the Company are is to engage in operate the Business and to engage in any and all activities necessary or incidental theretoBusiness.
(b) The Company shall have has the power to do any and all the powers necessary acts necessary, appropriate, proper, advisable, incidental or convenient to carry out or in furtherance of the purposes for which it is formed, including of the powers granted by the Delaware ActCompany set forth in Section 1.3(a) hereof.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Lakes Entertainment Inc)
Purpose; Powers. (a) The purposes purpose of the Company are to engage in the Business and is to engage in any and all activities necessary lawful act or incidental theretoactivity for which limited liability companies may be organized under the Act.
(b) The Company shall have has the power to do any and all the powers necessary acts necessary, appropriate, proper, advisable, incidental or convenient to carry out or in furtherance of the purposes for which it is formed, including of the powers granted by the Delaware ActCompany set forth in Section 4(a).
Appears in 1 contract