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

Business and Purpose of the LLC. The purpose of the LLC is to engage in any lawful activities for which a limited liability company may be organized under the Statute, provided that the LLC shall not conduct any banking, insurance or trust company business. Specifically, the LLC has been formed to undertake real estate development.

Business and Purpose of the LLC. The purpose of the LLC is to engage in any lawful activities for which a limited liability company LLC may be organized under the Statute, including the development and marketing of pharmaceutical products as set forth in the Joint Venture Agreement and Major Agreements, provided that the LLC shall not conduct any banking, insurance or trust company business. Specifically, the LLC has been formed to undertake real estate development.

Business and Purpose of the LLC. The purpose of the LLC is to engage in any lawful activities for which a limited liability company an LLC may be organized under the Statute, including, but not limited to those purposes set forth in Section 2.6 of Exhibit A, provided that the LLC shall not conduct any banking, insurance or trust company business. Specifically, the LLC has been formed to undertake real estate development.ARTICLE 3

Business and Purpose of the LLC. The purpose of the LLC is to engage in any lawful activities for which a limited liability company may be organized under the Statute, provided that the LLC shall not conduct any banking, insurance or trust company business. Specifically, the LLC has been formed to undertake real estate developmentfund the drilling of a well located in Cxxxxxxx County, Texas.

Business and Purpose of the LLC. The purpose of the LLC is to engage in any lawful activities for which a limited liability company LLC may be organized under the Statute, including, but not limited to, real estate acquisition, development, investment, property management, investment advisory services, and the provision of executive management services in real estate related fields; provided that the LLC shall not conduct any banking, insurance or trust company business. Specifically, the LLC has been formed to undertake real estate development.

Business and Purpose of the LLC. The purpose of the LLC is to engage in any lawful activities for which a limited liability company an LLC may be organized under the Statute, including, but not limited to those purposes set forth in Section 2.6 of Exhibit A, provided that the LLC shall not conduct any banking, insurance or trust company business. Specifically, the LLC has been formed to undertake real estate development.

Business and Purpose of the LLC. The purpose of the LLC is to ------------------------------- engage in any lawful activities for which a limited liability company LLC may be organized under the Statute, provided that including, but not limited, to the LLC shall not conduct any banking, insurance or trust company business. Specifically, the LLC has been formed to undertake ownership and development of real estate developmentprojects.

Business and Purpose of the LLC. The purpose of the LLC is to engage in any lawful activities for which a limited liability company LLC may be organized under the Statute, including, but not limited to ownership, operation, and management of a custom publishing business; provided that the LLC shall not conduct any banking, insurance or trust company business. Specifically, the LLC has been formed to undertake real estate development.