Common use of Purpose and Business of the Partnership Clause in Contracts

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.

Purpose and Business of the Partnership. The purpose of the Partnership shall be he 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 persona! 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.

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 ancillary thereto 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.