Purpose and Business of the Partnership Sample Clauses

Purpose and Business of the Partnership. The purpose of the Partnership shall be to acquire, hold, own, develop, maintain, operate, sell, lease, transfer, encumber, convey, exchange, and otherwise dispose of or deal with the Property and other real and personal property and, in connection therewith, directly and indirectly, to hold, own, improve, mortgage, manage, operate, lease, and maintain real and personal property and to sell the same; to undertake such other activities as may be necessary, advisable, desirable or appropriate to the business of the Partnership, and to engage in such other ancillary activities as shall be necessary, desirable or appropriate to effectuate the foregoing purposes. The Partnership shall have all powers necessary or desirable to accomplish the purposes enumerated. In connection with the foregoing, but subject to all of the terms, covenants, conditions and limitations contained in this Agreement and any other agreement entered into by the Partnership, the Partnership shall have full power and authority, directly or through its interest in the Property, to enter into, perform, and carry out contracts of any kind, to borrow money and to issue evidences of indebtedness, whether or not secured by mortgage, trust deed, pledge or other lien.
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Purpose and Business of the Partnership. The purpose of the Partnership shall be, either directly or indirectly, to acquire, hold, own, maintain, operate, sell, transfer, encumber, convey, exchange, and otherwise dispose of or deal with the Property; to undertake such other activities as may be necessary, advisable, desirable or appropriate to the business of the Partnership; and to engage in such other ancillary activities as shall be necessary, desirable or appropriate to effectuate the foregoing purposes. The Partnership shall have all powers necessary or desirable to accomplish the purposes enumerated. In connection with the foregoing, but subject to all of the terms, covenants, conditions and limitations contained in this Agreement and any other agreement entered into by the Partnership, the Partnership shall have full power and authority, directly or through its interest in the Property, to enter into, perform, and carry out contracts of any kind, to borrow money and to issue evidences of indebtedness, whether or not secured by mortgage, trust deed, pledge or other lien.
Purpose and Business of the Partnership. 3.01 Purpose of the Partnership 3.02 Authority of the Partnership
Purpose and Business of the Partnership. The purpose of the Partnership shall be to acquire, hold, own, sell, transfer, encumber, exchange, and otherwise dispose of or deal with real and personal property of any type or nature and to engage in one or more other businesses as are permissible under the Act.
Purpose and Business of the Partnership. The purpose of the Partnership is to engage in the following activities:
Purpose and Business of the Partnership. (a) Subject to the limitations set forth herein, the purpose for which the Partnership is formed is to engage exclusively in the following activities:
Purpose and Business of the Partnership. The purpose and business of the Partnership is the operation of the Restaurant. The Partnership may engage in any and all other lawful acts and business activities in connection with the Business as may be necessary or required to carry on the Business, to protect the Business or to further enhance the Business, and such other lawful acts and business activities as the Partners may from time to time agree, even though not related to the Business.
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Purpose and Business of the Partnership. The purpose of the Partnership shall be to own a 47.5% general partner interest in Governor’s Square Company, an Ohio general partnership formed to acquire, hold, own, develop, maintain, operate, sell, lease, transfer, encumber, convey, exchange, and otherwise dispose of real and personal property, either alone or in partnership with others and, in connection therewith, directly and indirectly, to hold, own, improve, mortgage, manage, operate, lease, and maintain real and personal property and to sell the same; to undertake such other activities as may be necessary, advisable, desirable or appropriate to the business of the Partnership, and to engage in such other ancillary activities as shall be necessary, desirable or appropriate to effectuate the foregoing purposes. The Partnership shall have all powers necessary or desirable to accomplish the purposes enumerated. In connection with the foregoing, but subject to all of the terms, covenants, conditions and limitations contained in this Agreement and any other agreement entered into by the Partnership, the Partnership shall have full power and authority, directly or through its interest in any real property, to enter into, perform, and carry out contracts of any kind, to borrow money and to issue evidences of indebtedness, whether or not secured by mortgage, trust deed, pledge or other lien.
Purpose and Business of the Partnership. As the Partners are --------------------------------------- desirous of forming a partnership in order to enhance administrative efficiency and take advantage of the increased benefits and reduced costs ordinarily associated with the conduct of business in such form and with larger investment portfolios, the purpose and business of the Partnership is to invest in stocks, warrants, options, stock futures contracts and other equity instruments and notes, bonds, debentures, and other interest bearing instruments (collectively, "Investments"), to own, manage and supervise Investments, to share the profits and losses therefrom, and to engage in all other activities related, incidental or ancillary thereto. In furtherance of this purpose, the Partnership shall have all powers necessary, suitable or convenient for the accomplishment of this purpose, alone or with others, as principal or agent, including, without limitation, the following:
Purpose and Business of the Partnership. The purpose and business of the Partnership shall be limited to: (i) acquiring, holding and distributing Mogo Shares; and (ii) engaging in any activity that is incidental to or in furtherance of the foregoing and that is approved by the General Partner and that lawfully may be conducted by a limited partnership organized under the Act and this Agreement. To the fullest extent permitted by Law and except as required by this Agreement, the General Partner shall have no duty or obligation to propose or approve, and may decline to propose or approve, the conduct by the Partnership of any activity, in each case free of any duty (including any fiduciary duty) or obligation whatsoever to the Partnership or any Limited Partner and, in declining to so propose or approve, shall not be deemed to have breached this Agreement, any other agreement contemplated hereby, the Act or any other provision of Law.
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