Common use of Purposes Clause in Contracts

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposes.

Appears in 36 contracts

Samples: Operating Agreement (Fundrise Midland Opportunistic REIT, LLC), Operating Agreement (Fundrise Income eREIT II, LLC), Operating Agreement (Fundrise Midland Opportunistic REIT, LLC)

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Purposes. The purposes of the Company shall be are to (a) promote, conduct or engage in, directly or indirectly, in any business, purpose lawful act or activity that lawfully may be conducted by a and to exercise any powers permitted to limited liability company companies organized pursuant to under the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all laws of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities State of Delaware or that are related or incidental to or necessary, convenient or advisable for the foregoing accomplishment of the above-mentioned purposes.

Appears in 33 contracts

Samples: Limited Liability Company Agreement (Barrington Quincy LLC), Limited Liability Company Agreement (Barrington Quincy LLC), Limited Liability Company Agreement (Barrington Quincy LLC)

Purposes. The purposes purpose of the Company and the nature of its business shall be to (a) promoteengage in any lawful act or activity for which limited liability companies may be organized under the Act. The Company may engage in any and all activities necessary, conduct desirable or engage inincidental to the accomplishment of the foregoing. Notwithstanding anything herein to the contrary, directly or indirectly, nothing set forth herein shall be construed as authorizing the Company to possess any business, purpose or activity that lawfully may be conducted power, or to do any act or thing, forbidden by law to a limited liability company organized pursuant to under the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all laws of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposesState of Delaware.

Appears in 16 contracts

Samples: Limited Liability Company Agreement (Jernberg Industries, LLC), Limited Liability Company Agreement (Yankee Finance, Inc.), Limited Liability Company Agreement (Jernberg Industries, LLC)

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized formed pursuant to the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposes.

Appears in 15 contracts

Samples: Limited Liability Company Agreement (MogulREIT I, LLC), Limited Liability Company Agreement (Birgo Reiturn Fund LLC), Limited Liability Company Agreement (MogulREIT I, LLC)

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust company or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposes.

Appears in 11 contracts

Samples: Operating Agreement (Oaktree Capital Group, LLC), Limited Liability Company Agreement (Five Point Holdings, LLC), Operating Agreement (Oaktree Capital Group, LLC)

Purposes. The purposes of the Company shall be are to (a) promote, conduct or engage in, directly or indirectly, in any business, purpose business or activity that lawfully may be conducted is not forbidden by a limited liability company organized pursuant to the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all law of the rights State of Delaware and powers conferred upon of the jurisdiction in which the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposesengages in business.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Kinetic Concepts Inc /Tx/), Limited Liability Company Agreement (KCI Animal Health, LLC), Limited Liability Company Agreement (Kinetic Concepts Inc /Tx/)

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust company or other entity entity, and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposes.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (New Fortress Energy LLC), Limited Liability Company Agreement (New Fortress Energy LLC), Limited Liability Company Agreement (New Fortress Energy LLC)

Purposes. The purposes of the Company are, and the Company shall be have the power and authority, to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Act, (b) acquire, hold and hold, vote, sell or otherwise dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewithof, to exercise receive, allocate and distribute distributions on and other proceeds of, and to manage, investments in accordance with the terms of this Agreement, to engage in all of the rights and powers conferred upon acts or activities as the Company with respect to its interests thereindeems necessary, and (c) conduct any and all activities related advisable, convenient or incidental to the foregoing purposesfurtherance and accomplishment of the foregoing, including without limitation the acts described in Section 3.2, and to engage in any other lawful act or activity for which limited liability companies may be formed under the Delaware Act.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Global Decisions Group LLC), Limited Liability Company Agreement (Global Decisions Group LLC), Limited Liability Company Agreement (Global Decisions Group LLC)

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests therein, including, without limitation, the Operating Partnership and (c) conduct any and all activities related or incidental to the foregoing purposes.

Appears in 2 contracts

Samples: Operating Agreement (Platform Ventures Diversified Housing REIT, LLC), Operating Agreement (Platform Ventures Diversified Housing REIT, LLC)

Purposes. The purposes of the Company shall be are to (a) promoteacquire, conduct or engage inaccept, own, hold, sell, lease, transfer, finance, refinance, exchange, manage, and operate, directly or indirectlyindirectly through Subsidiaries, the Contributed Assets and any businessother assets acquired by the Company after the Effective Date in accordance with the terms of this Agreement, purpose together with the liabilities related thereto, and to engage in any lawful act or activity that lawfully may be conducted by a and to exercise any powers permitted to limited liability company organized pursuant to companies formed under the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all laws of the rights and powers conferred upon the Company with respect to its interests thereinState of Delaware that are ancillary, and (c) conduct any and all activities related or incidental to to, or necessary or appropriate for the accomplishment of the foregoing purposes.

Appears in 2 contracts

Samples: Contribution Agreement (NextEra Energy Partners, LP), Limited Liability Company Agreement (NextEra Energy Partners, LP)

Purposes. The purposes of the Company shall be are to (a) promoteacquire, conduct or engage inaccept, own, hold, sell, lease, transfer, finance, refinance, exchange, manage, and operate, directly or indirectlyindirectly through subsidiaries, the assets and liabilities held by the Company as contemplated by the Asset Purchase Agreement and to engage in any business, purpose lawful act or activity that lawfully may be conducted by a and to exercise any powers permitted to limited liability company organized pursuant to companies formed under the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all laws of the rights and powers conferred upon the Company with respect to its interests thereinState of Delaware that are ancillary, and (c) conduct any and all activities related or incidental to or necessary or appropriate for the accomplishment of the foregoing purposes.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (NextEra Energy Partners, LP), Limited Liability Company Agreement (NextEra Energy Partners, LP)

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Act, (b) acquireincluding without limitation owning, hold holding and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all of the rights liquidating various real estate and powers conferred upon the Company with respect to its interests thereinreal-estate related investments, and (cb) conduct any and all activities related or incidental to the foregoing purposes.

Appears in 2 contracts

Samples: Operating Agreement (Ys Re Raf I LLC), Operating Agreement (Landa Financing LLC)

Purposes. The purposes of the Company shall be to (a) promote, conduct engage in any lawful business permitted by the Delaware LLC Act or laws of any jurisdiction in which the Company may do business and to enter into any lawful transaction and engage in, directly or indirectly, in any business, purpose or activity that lawfully lawful activities in furtherance of the foregoing purposes and as may be conducted by a limited liability company organized pursuant necessary, incidental or convenient to carry out the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all business of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposesas contemplated by this Agreement.

Appears in 2 contracts

Samples: Operating Agreement (HMC Merger Corp), Operating Agreement (HMC Merger Corp)

Purposes. The purposes of the Company shall be are to (a) promoteacquire, conduct or engage inaccept, own, hold, sell, lease, transfer, finance, refinance, exchange, manage, and operate, directly or indirectlyindirectly through subsidiaries, the Assets and any businessother assets acquired by the Company after the Effective Date in accordance with the terms of this Agreement, purpose together with the liabilities related thereto, and to engage in any lawful act or activity that lawfully may be conducted by a and to exercise any powers permitted to limited liability company organized pursuant to companies formed under the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all laws of the rights and powers conferred upon the Company with respect to its interests thereinState of Delaware that are ancillary, and (c) conduct any and all activities related or incidental to to, or necessary or appropriate for the accomplishment of the foregoing purposes.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (NextEra Energy Partners, LP), Limited Liability Company Agreement (NextEra Energy Partners, LP)

Purposes. The purposes purpose of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, in any business, purpose or activity lawful business that lawfully may be conducted engaged in by a limited liability company organized pursuant under the Delaware LLC Act, as such business activities may be determined by the Members from time to time. In particular, the Company has been formed for the purpose of providing professional services related to the Delaware Actdesign and construction of buildings and other structures in the Territory, (b) acquireincluding, hold but not limited to, design and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposes.construction

Appears in 1 contract

Samples: Limited Liability Company Agreement (Turner Corp)

Purposes. The purposes of the Company shall be are to (a) promotetrade, conduct or engage inown, directly or indirectlybuy ----------- -------- and sell securities, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant and to the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all execute securities transactions. The purposes of the rights Company may also include any other businesses to which the Manager Member may determine and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all other activities related for which limited liability companies may be organized under the laws of the State of Delaware, including borrowings and all other financings as may be necessary or appropriate to effectuate the above purposes and matters incidental to the foregoing purposesthem.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Ashton Technology Group Inc)

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Act, (b) acquire, hold and dispose of interests an interest in any corporationRegal 286 Lenox LLC, partnership, joint venture, a Delaware limited liability companycompany (“Regal 286”), trust or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests thereinsuch interest, and (c) conduct any and all activities related or incidental to the foregoing purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Regal 286 Lenox LLC)

Purposes. The purposes purpose of the Company shall be to (a) promote, conduct engage in any lawful business activity or engage in, directly or indirectly, any business, purpose or activity transaction that lawfully may be conducted engaged in by a limited liability company organized pursuant to under the Delaware Act, (b) acquire, hold as such business activities and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, transactions may be determined by the Member from time to exercise all of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposestime.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Blue Chip Merger Subsidiary Inc)

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Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust company or other entity entity, including FIG Asset Co. LLC and FIG Corp., and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Fortress Investment Group LLC)

Purposes. The purposes purpose and business of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, in any business, purpose lawful act or activity that lawfully for which limited liability companies may be conducted by a limited liability company organized pursuant to formed under the Delaware Act, (b) acquire, hold Act and dispose of interests engaging in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related necessary, customary, convenient or incidental to the foregoing purposesforegoing.

Appears in 1 contract

Samples: Limited Liability (Xponential Fitness, Inc.)

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectlyindirectly through Subsidiaries, any business, purpose or activity that lawfully may be conducted by a limited liability company organized formed pursuant to the Delaware Act, and (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Global Indemnity Group, LLC)

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust company or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposes.. Section 2.5

Appears in 1 contract

Samples: Operating Agreement (Oaktree Capital Group, LLC)

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Act, (b) acquire, hold and dispose of interests an interest in any corporation100 Xxxx Xxxxxx LLC, partnership, joint venture, a Maine limited liability companycompany (“100 Xxxx Xxxxxx”), trust or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests thereinsuch interest, and (c) conduct any and all activities related or incidental to the foregoing purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (181 High Street LLC)

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Act, (b) acquire, hold and dispose of interests an interest in any corporation000 Xxxx Xxxxxx LLC, partnership, joint venture, a Maine limited liability companycompany (“000 Xxxx Xxxxxx”), trust or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests thereinsuch interest, and (c) conduct any and all activities related or incidental to the foregoing purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (181 High Street LLC)

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Act, (b) acquire, hold and dispose of interests an interest in any corporationOne Chestnut Realty LLC, partnership, joint venture, a New Hampshire limited liability companycompany (“One Chestnut Realty”), trust or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests thereinsuch interest, and (c) conduct any and all activities related or incidental to the foregoing purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (One Chestnut Realty LLC)

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Act, (b) acquire, hold and dispose of interests an interest in any corporationSxxxx Seattle, partnershipLLC, joint venture, a Washington limited liability companycompany (“Sxxxx Seattle”), trust or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests thereinsuch interest, and (c) conduct any and all activities related or incidental to the foregoing purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Solis Seattle, LLC)

Purposes. The purposes purpose of the Company shall be is to (a) promote, conduct or engage in, directly or indirectly, in any business, purpose or activity that lawfully for which limited liability companies may be conducted by a limited liability company organized pursuant to formed in the Delaware Act, (b) acquire, hold State of Delaware. The Company shall possess and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to may exercise all of the rights powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers conferred upon the Company with respect to its interests thereinincidental thereto, so far as such powers and (c) conduct any and all activities related privileges are necessary or incidental convenient to the foregoing purposesconduct, promotion or attainment of the business purposes or activities of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Senior Credit Investments, LLC)

Purposes. The purposes purpose of the Company and the nature of its business shall be to (a) promoteengage in any lawful act or activity for which limited liability companies may be organized under the Act. The Company may engage in any and all activities necessary, conduct desirable or engage inincidental to the accomplishment of the foregoing. Notwithstanding anything herein to the contrary, directly or indirectly, nothing set forth herein shall be construed as authorizing the Company to possess any business, purpose or activity that lawfully may be conducted power, or to do any act or thing, forbidden by law to a limited liability company organized pursuant to under the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all laws of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposesState of Delaware.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC)

Purposes. The purposes of the Company shall be to (a) promote, conduct or engage in, directly or indirectly, any business, purpose or activity that lawfully may be conducted by a limited liability company organized formed pursuant to the Delaware Act, (b) acquire, hold and dispose of interests in any corporation, partnership, joint venture, limited liability company, trust or other entity and, in connection therewith, to exercise all of the rights and powers conferred upon the Company with respect to its interests therein, and (c) conduct any and all activities related or incidental to the foregoing purposes.and

Appears in 1 contract

Samples: Operating Agreement

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