Common use of Business Purposes Clause in Contracts

Business Purposes. The specific business purposes and activities contemplated by the founders of this LLC at the time of initial signing of this agreement consist of the following: It is understood that the foregoing statement of purposes shall not serve as a limitation on the powers or abilities of this LLC, which shall be permitted to engage in any and all lawful business activities. If this LLC intends to engage in business activities outside the state of its formation that require the qualification of the LLC in other states, it shall obtain such qualification before engaging in such out-of-state activities.

Business Purposes. The specific business purposes and activities contemplated by the founders of this LLC at the time of initial signing of this agreement consist of the following: . It is understood that the foregoing statement of purposes shall not serve as a limitation on the powers or abilities of this LLC, which shall be permitted to engage in any and all lawful business activities. If this LLC intends to engage in business activities outside the state of its formation that require the qualification of the LLC in other states, it shall obtain such qualification before engaging in such out-of-state activities.

Business Purposes. The specific business purposes and activities contemplated by the founders of this LLC at the time of initial signing of this agreement consist of the following: business and political consulting. It is understood that the foregoing statement of purposes shall not serve as a limitation on the powers or abilities of this LLC, which shall be permitted to engage in any and all lawful business activities. If this LLC intends to engage in business activities outside the state of its formation that require the qualification of the LLC in other states, it shall obtain such qualification before engaging in such out-of-state activities.