Common use of Business and Purpose Clause in Contracts

Business and Purpose. 3.1. The Partnership's business and purpose are to acquire, hold, manage, operate, develop, sell and lease real property or interests therein ("Property"), including but not limited to that certain parcel of land and all improvements constructed thereon described on Exhibit A hereto, and to engage in any other business that the Partners, acting in accordance with Section 8 of this Agreement, shall determine.

Business and Purpose. 3.1. The Partnership's business and purpose purposes of the Partnership are to acquire, hold, manage, operate, develop, sell and lease real property or interests therein (the "Property"), or interest therein, including but not limited to that certain parcel of land land, and all improvements constructed thereon thereon, described on Exhibit A heretohereto and incorporated herein by reference, and to engage in any other business that phase or aspect of the Partnersreal estate business, acting and such other businesses and purposes as the Partners may from time to time determine in accordance with Section 8 of this Agreement, shall determine.