Purpose and Business of the Partnership. The purpose of the Partnership shall be to acquire, hold, own, develop, maintain, operate, sell, lease, transfer, encumber, convey, exchange, and otherwise dispose of or deal with the Property and other real and personal property and, in connection therewith, directly and indirectly, to hold, own, improve, mortgage, manage, operate, lease, and maintain real and personal property and to sell the same; to undertake such other activities as may be necessary, advisable, desirable or appropriate to the business of the Partnership, and to engage in such other ancillary activities as shall be necessary, desirable or appropriate to effectuate the foregoing purposes. The Partnership shall have all powers necessary or desirable to accomplish the purposes enumerated. In connection with the foregoing, but subject to all of the terms, covenants, conditions and limitations contained in this Agreement and any other agreement entered into by the Partnership, the Partnership shall have full power and authority, directly or through its interest in the Property, to enter into, perform, and carry out contracts of any kind, to borrow money and to issue evidences of indebtedness, whether or not secured by mortgage, trust deed, pledge or other lien.
Purpose and Business of the Partnership. 3.01 Purpose of the Partnership 3.02 Authority of the Partnership
Purpose and Business of the Partnership. The purpose of the Partnership shall be, either directly or indirectly, to acquire, hold, own, maintain, operate, sell, transfer, encumber, convey, exchange, and otherwise dispose of or deal with the Property; to undertake such other activities as may be necessary, advisable, desirable or appropriate to the business of the Partnership; and to engage in such other ancillary activities as shall be necessary, desirable or appropriate to effectuate the foregoing purposes. The Partnership shall have all powers necessary or desirable to accomplish the purposes enumerated. In connection with the foregoing, but subject to all of the terms, covenants, conditions and limitations contained in this Agreement and any other agreement entered into by the Partnership, the Partnership shall have full power and authority, directly or through its interest in the Property, to enter into, perform, and carry out contracts of any kind, to borrow money and to issue evidences of indebtedness, whether or not secured by mortgage, trust deed, pledge or other lien.
Purpose and Business of the Partnership. The purpose of the Partnership shall be to acquire, hold, own, sell, transfer, encumber, exchange, and otherwise dispose of or deal with real and personal property of any type or nature and to engage in one or more other businesses as are permissible under the Act.
Purpose and Business of the Partnership. The purpose of the Partnership is to engage in the following activities:
(a) acquiring, owning, operating and disposing of the Properties, directly, or indirectly by acquiring, owning and disposing of membership interests in the Subsidiaries, and engaging in all activities necessary, customary, convenient or incident to any of the foregoing (the "Business");
(b) acting as the sole member of the Subsidiaries and entering into and performing its obligations under the limited liability company agreements of the Subsidiaries, as amended from time to time; and
(c) transacting any and all lawful business for which a limited liability company may be organized under the Act that is incident, necessary or appropriate to accomplish the foregoing (and is not otherwise prohibited under this Agreement), including, without limitation, borrowing money and contracting for necessary or desirable services of professionals and others.
Purpose and Business of the Partnership. (a) Subject to the limitations set forth herein, the purpose for which the Partnership is formed is to engage exclusively in the following activities:
(1) to own real estate and improvements located thereon (the “Property”) and to hold, administer, service or enter into agreements for the servicing of or collect amounts due on the Property, including any proceeds or rights associated therewith;
(2) finance, manage, sell, assign, pledge, lease, operate and otherwise deal with the Property.
(3) to incur indebtedness (the “Indebtedness”) secured by the Property and entering into any and all documents necessary to evidence, secure or support the Indebtedness;
(4) to invest or direct the investment of, proceeds from the Property and its other assets and any capital and income of the Partnership;
(5) to do such other things and carry on any other activities necessary, convenient or incidental to any of the foregoing purposes, and have and exercise all of the power and rights conferred upon limited partnerships formed pursuant to the Act in furtherance of the foregoing;
(6) to engage in any activities necessary to hold, receive, exchange, otherwise dispose of and otherwise deal in and exercise all rights, powers, privileges, and all other incidents of ownership or possession with respect to all the Property and any property or interests which may be acquired by the Partnership as a result of any sale or other disposition of any Property;
(7) to engage in any activities necessary to authorize, execute and deliver any other instrument, agreement, certificate, notice or document in connection with the activities described above, including the filing of any instrument, agreements, certificates, notices, applications and other documents necessary or advisable to comply with any applicable laws, statutes, rules and regulations or necessary or advisable to perfect or protect any security interests granted regarding the Property;
(8) to engage in such lawful activities and to exercise such powers permitted to partnerships under the laws of the State of Delaware that are necessarily incident to or connected with the foregoing or necessary or convenient to accomplish the foregoing and which are consistent with the limitations set forth in this Section 2.3(a) and Section 6.4 hereof.
Purpose and Business of the Partnership. The purpose and business of the Partnership shall be limited to: (i) acquiring, holding and distributing Mogo Shares; and (ii) engaging in any activity that is incidental to or in furtherance of the foregoing and that is approved by the General Partner and that lawfully may be conducted by a limited partnership organized under the Act and this Agreement. To the fullest extent permitted by Law and except as required by this Agreement, the General Partner shall have no duty or obligation to propose or approve, and may decline to propose or approve, the conduct by the Partnership of any activity, in each case free of any duty (including any fiduciary duty) or obligation whatsoever to the Partnership or any Limited Partner and, in declining to so propose or approve, shall not be deemed to have breached this Agreement, any other agreement contemplated hereby, the Act or any other provision of Law.
Purpose and Business of the Partnership. The purpose of the Partnership shall be to own a 47.5% general partner interest in Governor’s Square Company, an Ohio general partnership formed to acquire, hold, own, develop, maintain, operate, sell, lease, transfer, encumber, convey, exchange, and otherwise dispose of real and personal property, either alone or in partnership with others and, in connection therewith, directly and indirectly, to hold, own, improve, mortgage, manage, operate, lease, and maintain real and personal property and to sell the same; to undertake such other activities as may be necessary, advisable, desirable or appropriate to the business of the Partnership, and to engage in such other ancillary activities as shall be necessary, desirable or appropriate to effectuate the foregoing purposes. The Partnership shall have all powers necessary or desirable to accomplish the purposes enumerated. In connection with the foregoing, but subject to all of the terms, covenants, conditions and limitations contained in this Agreement and any other agreement entered into by the Partnership, the Partnership shall have full power and authority, directly or through its interest in any real property, to enter into, perform, and carry out contracts of any kind, to borrow money and to issue evidences of indebtedness, whether or not secured by mortgage, trust deed, pledge or other lien.
Purpose and Business of the Partnership. As the Partners are --------------------------------------- desirous of forming a partnership in order to enhance administrative efficiency and take advantage of the increased benefits and reduced costs ordinarily associated with the conduct of business in such form and with larger investment portfolios, the purpose and business of the Partnership is to invest in stocks, warrants, options, stock futures contracts and other equity instruments and notes, bonds, debentures, and other interest bearing instruments (collectively, "Investments"), to own, manage and supervise Investments, to share the profits and losses therefrom, and to engage in all other activities related, incidental or ancillary thereto. In furtherance of this purpose, the Partnership shall have all powers necessary, suitable or convenient for the accomplishment of this purpose, alone or with others, as principal or agent, including, without limitation, the following:
(a) to buy, sell and invest, directly or indirectly and with or without other Persons, through partnerships, joint ventures or otherwise, in equity or debt Investments, whether such Investments are readily marketable or not;
(b) to hold, receive, mortgage, pledge, transfer, exchange, otherwise dispose of, and otherwise deal in and exercise all rights, powers, privileges and other incidents of ownership or possession with respect to any Investments and other property;
(c) to open, maintain and close accounts with brokers;
(d) to open, maintain and close custody accounts and bank accounts and draw checks and other orders for the payment of moneys;
(e) to engage outside accountants, custodians, investment advisors, attorneys and any and all other third-party agents and assistants, both professional and nonprofessional, including, without limitation, Affiliates of the Partners, and to compensate them in such reasonable degree and manner as may be deemed necessary or advisable;
(f) to enter into, make and perform all contracts, agreements and other undertakings and borrow such funds as may be necessary or advisable or incident to carrying out its purpose;
(g) to xxx and be sued, to prosecute, settle or compromise all claims against third parties, to compromise, settle or accept judgment with respect to claims against the Partnership and to execute all documents and make all representations, admissions and waivers in connection therewith; and
(h) to engage in any other lawful acts or activities which are incidental to the powers set f...
Purpose and Business of the Partnership. The purpose and business of the Partnership is the operation of the Restaurant. The Partnership may engage in any and all other lawful acts and business activities in connection with the Business as may be necessary or required to carry on the Business, to protect the Business or to further enhance the Business, and such other lawful acts and business activities as the Partners may from time to time agree, even though not related to the Business.
