Business and Purpose of the LLC. (a) Notwithstanding anything to the contrary in this Agreement or the Loan Documents, the sole business purpose of the LLC (the “Business of the LLC”) is solely:
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Tarantula Ventures LLC), Limited Liability Company Agreement (Tarantula Ventures LLC), Limited Liability Company Agreement (Tarantula Ventures LLC)
Business and Purpose of the LLC. (a) Notwithstanding anything to the contrary in this Agreement or the Loan Documents, the sole 2.6.1 The business purpose of the LLC (the “Business of the LLC”) is solelylimited solely to engaging in the following activities:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Condor Hospitality Trust, Inc.), Limited Liability Company Agreement (Condor Hospitality Trust, Inc.), Limited Liability Company Agreement (Condor Hospitality Trust, Inc.)
Business and Purpose of the LLC. (a) Notwithstanding anything to the contrary in this Agreement or the Mezzanine Loan Documents, the sole business purpose of the LLC (the “Business of the LLC”) is solely:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Tarantula Ventures LLC)