Common use of Purposes of the Limited Liability Company Clause in Contracts

Purposes of the Limited Liability Company. The purpose and character of the business of the Company (the “Purpose” or the “Business Purpose”) is to engage in the financing, development, production, ownership, distribution and other exploitation of the Series and the Musicals and the exploitation of the ancillary and subsidiary rights to the Series and the Musicals either directly or in conjunction with others through corporations, joint ventures, partnerships, trusts, limited liability companies or otherwise, which may be necessary, incidental or convenient to the financing, development, production and exploitation of the Series and the Musicals.