Common use of Powers of the LLC Clause in Contracts

Powers of the LLC. The LLC shall have all power and authority granted under the Delaware Act to take all actions necessary, appropriate, proper, advisable, incidental or convenient to or for the furtherance of the purpose set forth in Section 3.1.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Wilmington Trust Corp), Limited Liability Company Agreement (Wilmington Trust Corp), Wilmington Trust Corp

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Powers of the LLC. The LLC shall have all power and authority granted under the Delaware Act to take any and all actions necessary, appropriate, proper, advisable, incidental or convenient to or for the furtherance of the purpose set forth in Section 3.1.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Wilmington Trust Corp), Wilmington Trust Corp

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