Common use of Permitted Businesses Clause in Contracts

Permitted Businesses. The business of the Company shall be to accomplish any lawful business purpose or activity whatsoever, except the business of granting policies of insurance, assuming insurance risks or banking as defined in § 126 of Title 8 of the Delaware General Corporation Law. The Company is organized primarily for the purpose of directly or indirectly acquiring, investing in, making loans with respect to, improving, holding, owning, developing, encumbering, selling, managing, operating and otherwise using residential and commercial real properties (each real property owned by the Company or one of its Subsidiaries

Permitted Businesses. The business of the Company shall be to accomplish any lawful business purpose or activity whatsoever, except the business of granting policies of insurance, assuming insurance risks or banking as defined in § 126 of Title 8 of the Delaware General Corporation Law. The Company is organized primarily for the purpose of directly or indirectly acquiring, investing in, making loans with respect to, improving, holding, owning, developing, encumbering, selling, managing, operating and otherwise using residential and commercial real properties (each real property owned by the Company or one of its Subsidiariesusing