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

Business and Purpose of the Company. The purpose of the Company is to (i) preserve the Members’ capital investment, (ii) realize income through its investment in the Business, and (iii) engage in such other activities which are allowed under Nevada law in the sole discretion of the Managers. The Company intends to purchase precious metals concentrate with the goal of marketing and selling the precious metal concentrate to international buyers of precious metal

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)

AutoNDA by SimpleDocs

Business and Purpose of the Company. The purpose of the Company is to (i) preserve purchase, manufacture, lease and sell, either directly or through one or more special purposes entities, the Members’ capital investmentEquipment, (ii) realize income through its investment engage in the Business, any other activities relating or incidental thereto as may be necessary to accomplish such purpose and (iii) engage in such other activities as determined by the Manager which are allowed under Nevada law in the sole discretion of the Managers. The Company intends to purchase precious metals concentrate with the goal of marketing and selling the precious metal concentrate to international buyers of precious metallaw.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!