Common use of Business of LLC Clause in Contracts

Business of LLC. The LLC shall be authorized to engage in any lawful act or activity for which a limited liability company may be organized under the Act. Initially, the purpose of the LLC shall be to own, and license others (including a Member or any of its Affiliates) rights to, the trademark "William Rast" in all classifications.

Appears in 2 contracts

Samples: Operating Agreement (Peoples Liberation Inc), Limited Liability Company Operating Agreement (Peoples Liberation Inc)

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Business of LLC. The LLC shall be authorized to engage in any lawful act or activity for which a limited liability company may be organized under the Act. Initially, the purpose of the LLC shall be to owndesign, source, market, distribute and sell apparel under the William Rast(TM) brand pursuant to a license others (including a Member or any from the owner of its Affiliates) rights to, the trademark "William Rast" in all classificationssuch xxxxxxxxx.

Appears in 2 contracts

Samples: Operating Agreement (Peoples Liberation Inc), Limited Liability Company Operating Agreement (Peoples Liberation Inc)

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Business of LLC. The LLC shall be authorized to engage in any lawful act or activity for which a limited liability company may be organized under the Act. Initially, the purpose of the LLC shall be to owndesign, source, market, distribute and sell apparel under the Xxxxxxx Xxxx® brand pursuant to a license others (including a Member or any from the owner of its Affiliates) rights to, the trademark "William Rast" in all classificationssuch trademark.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Peoples Liberation Inc)

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