Common use of Purpose; Powers Clause in Contracts

Purpose; Powers. (a) The purpose of the Company is (i) to manage the Company Business and (iii) to do any and all things and perform any and all acts incidental to, necessary, appropriate or advisable in connection with the foregoing. (b) In furtherance of its purposes stated in Section 2.4(a), the Company shall have all powers necessary, suitable or convenient for the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in the Act or the Certificate.

Appears in 2 contracts

Sources: Contribution Agreement (Energy Transfer Partners, L.P.), Contribution Agreement (Energy Transfer Equity, L.P.)

Purpose; Powers. (a) The purpose of the Company is (i) to manage engage in the Company Business and (iii) any other lawful act or activity for which limited liability companies may be formed under DGCL and to do engage in any and all things and perform any and all acts activities necessary or incidental to, necessary, appropriate or advisable in connection with the foregoingthereto. (b) In furtherance of its purposes stated in Section 2.4(a), the The Company shall have all the powers necessary, suitable necessary or convenient to carry out the purposes for which it is formed, including the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in the Act or the Certificatepowers granted by DGCL.

Appears in 2 contracts

Sources: Joint Venture Agreement (Hempacco Co., Inc.), Joint Venture Agreement (Hempacco Co., Inc.)

Purpose; Powers. (a) The purpose purposes of the Company is (i) are to manage engage in the Company Business and (iii) to do engage in any and all things and perform any and all acts activities necessary or incidental to, necessary, appropriate or advisable in connection with the foregoingthereto. (b) In furtherance of its purposes stated in Section 2.4(a), the The Company shall have all the powers necessary, suitable necessary or convenient to carry out the purposes for which it is formed, including the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in powers granted by the Act or the CertificateDelaware 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 purpose of the Company is to engage in _________________________and in any and all activities related or incidental thereto. (ib) to manage The Company has the Company Business and (iii) power to do any and all things acts necessary, appropriate, proper, advisable, incidental or convenient to and perform in furtherance of the purposes of the Company set forth in this Section 1.3 and has, without limitation, any and all acts incidental to, necessary, appropriate or advisable in connection with the foregoing. (b) In furtherance powers that may be exercised on behalf of its purposes stated in Section 2.4(a), the Company shall have all powers necessary, suitable or convenient for by the accomplishment of its purposes, alone or with others, as principal or agent, subject Manager pursuant to any limitations set forth in the Act or the Certificate.Article V.

Appears in 2 contracts

Sources: LLC Operating Agreement, Operating Agreement

Purpose; Powers. (a) The purpose of the Company is (i) to manage engage in any lawful act or activity for which limited liability companies may be formed under the Company Business Delaware Act and (iii) to do engage in any and all things and perform any and all acts activities necessary or incidental to, necessary, appropriate or advisable in connection with thereto (the foregoing“Business”). (b) In furtherance of its purposes stated in Section 2.4(a), the The Company shall have all the powers necessary, suitable necessary or convenient to carry out the purposes for which it is formed, including the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in powers granted by the Act or the CertificateDelaware Act.

Appears in 1 contract

Sources: Limited Liability Company Agreement

Purpose; Powers. (a) The purpose of the Company is (i) to manage act as the general partner of the Partnership. The Company Business is authorized to engage in any lawful act or activity for which limited liability companies may be formed under the Delaware Act and (iii) to do engage in any and all things and perform any and all acts activities necessary or incidental to, necessary, appropriate or advisable in connection with the foregoingthereto. (b) In furtherance of its purposes stated in Section 2.4(a), the The Company shall have all the powers necessary, suitable necessary or convenient to carry out the purposes for which it is formed, including the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in powers granted by the Act or the CertificateDelaware Act.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Village Farms International, Inc.)

Purpose; Powers. (a) The purpose of the Company is to engage in any and all activities and exercise any power permitted to limited liability companies under the laws of the State of Delaware. (ib) to manage The Company shall have the Company Business and (iii) power to do any and all things and perform any and all acts incidental to, necessary, appropriate appropriate, proper, advisable, incidental or advisable convenient to or in connection with the foregoing. (b) In furtherance of its the purposes stated in Section 2.4(a), of the Company shall have all powers necessary, suitable or convenient for the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in the Act or the Certificate.this Section 2.2. 2.3

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement (Rowan N-Class (Gibraltar) LTD)

Purpose; Powers. (a) The purpose purposes of the Company is are to engage in (i) to manage the Company Business and (iii) to do any and all things and perform any and all acts incidental to, necessary, appropriate or advisable in connection with the foregoing.) (b) In furtherance of its purposes stated in Section 2.4(a), the The Company shall have all the powers necessary, suitable necessary or convenient to carry out the purposes for which it is formed, including the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in powers granted by the Act or the Certificate[INSERT LEGAL CITATION/STATE LAW].

Appears in 1 contract

Sources: LLC Operating Agreement

Purpose; Powers. (a) The purpose purposes of the Company is (i) are to manage the Company Business engage in and (iii) to do any and lawful act concerning any or all things and perform any and all acts incidental to, necessary, appropriate or advisable in connection with lawful business for which limited liability companies may be organized according to the foregoinglaws of the State of Delaware. (b) In furtherance of its purposes stated in Section 2.4(a), the The Company shall have all the powers necessary, suitable necessary or convenient to carry out the purposes for which it is formed, including the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in powers granted by the Act or the CertificateDelaware Act.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Lendway, Inc.)

Purpose; Powers. (a) The purpose purposes of the Company is (i) are to manage engage in any lawful act or activity for which limited liability companies may be formed under the Company Business Delaware Act and (iii) to do engage in any and all things and perform any and all acts activities necessary or incidental to, necessary, appropriate or advisable in connection with the foregoingthereto. (b) In furtherance of its purposes stated in Section 2.4(a), the The Company shall have all the powers necessary, suitable necessary or convenient to carry out the purposes for which it is formed, including the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in powers granted by the Act or the CertificateDelaware Act.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Creatd, Inc.)

Purpose; Powers. (a) The purpose of the Company is to engage in businesses and activities relating to dance and other lawful activities (ithe "Business") to manage the Company Business and (iii) to do any and all things such activities as may be determined by the Managing Member, to the extent that the same may be lawfully exercised by the Company under the Delaware Act, and perform any and all acts lawful activities necessary or incidental to, necessary, appropriate or advisable in connection with the foregoingthereto. (b) In furtherance of its purposes stated in Section 2.4(a), the The Company shall have all the powers necessary, suitable necessary or convenient to carry out the purposes for which it is formed, including the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in powers granted by the Act or the CertificateDelaware Act.

Appears in 1 contract

Sources: Subscription Agreement

Purpose; Powers. (a) The purpose of the Company is to operate the Business. (ib) to manage The Company has the Company Business and (iii) power to do any and all things and perform any and all acts incidental to, necessary, appropriate appropriate, proper, advisable, incidental or advisable convenient to or in connection with the foregoing. (b) In furtherance of its the purposes stated in Section 2.4(a), of the Company shall have all powers necessary, suitable or convenient for the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in the Act or the CertificateSection 1.3(a) hereof.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Lakes Entertainment Inc)

Purpose; Powers. (a) The purpose of the Company is (i) to manage the Company Business and (iii) to do any and all things and perform any and all acts incidental to, necessary, appropriate or advisable in connection with the foregoing. (b) In furtherance of its purposes stated in Section 2.4(a2.4 (a), the Company shall have all powers necessary, suitable or convenient for the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in the Act or the Certificate.

Appears in 1 contract

Sources: Contribution Agreement (Oge Energy Corp.)

Purpose; Powers. (a) The purpose purposes of the Company is are to engage in (i) to manage the Company Business distribution of entertainment properties in film, television, and/or new media properties, including as non-fungible tokens (NFTs), through all available content distribution channels (the “Business”) and (iiiii) to do any and all things and perform any and all acts activities necessary or incidental to, necessary, appropriate or advisable in connection with the foregoingthereto. (b) In furtherance of its purposes stated in Section 2.4(a), the The Company shall have all the powers necessary, suitable necessary or convenient to carry out the purposes for which it is formed, including the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in powers granted by the Act or the CertificateDelaware Act.

Appears in 1 contract

Sources: Limited Liability Company Agreement (CurrencyWorks Inc.)

Purpose; Powers. (a) The purpose of the Company is to engage in any and all activities and exercise any power pem1itted to limited liability companies under the laws of the State of Delaware. (ib) to manage The Company shall have the Company Business and (iii) power to do any and all things and perform any and all acts incidental to, necessary, appropriate appropriate, proper, advisable, incidental or advisable convenient to or in connection with the foregoing. (b) In furtherance of its the purposes stated in Section 2.4(a), of the Company shall have all powers necessary, suitable or convenient for the accomplishment of its purposes, alone or with others, as principal or agent, subject to any limitations set forth in the Act or the Certificate.this Section 2.2. 2 0.02

Appears in 1 contract

Sources: Limited Liability Company Agreement (Rowan N-Class (Gibraltar) LTD)