Common use of Purpose and Character of Business Clause in Contracts

Purpose and Character of Business. The general purpose of the Company is to engage in any lawful act or activity for which limited liability companies may be formed under the Law. The Company shall have all of the powers of a limited liability company set forth in the Law.

Appears in 2 contracts

Samples: Development Loan Agreement (Nevada Geothermal Power Inc), Development Loan Agreement (Nevada Geothermal Power Inc)

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Purpose and Character of Business. The general purpose of the Company is to engage in any lawful act or activity for which limited liability companies may be formed under the Law. The Company shall have Act and any and all of activities, necessary, convenient, desirable or incidental to the powers of a limited liability company set forth in foregoing, and any such other activities as are contemplated by this Agreement or reasonably incidental to the Lawforegoing.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

Purpose and Character of Business. The general purpose --------------------------------- of the Company is to engage in any lawful act or activity for which limited liability companies may be formed organized under the Law. The Company shall have all of the powers of a limited liability company set forth in the LawAct.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Commercial Aggregates Transportation & Sales LLC)

Purpose and Character of Business. The general Company is formed for the purpose of the Company is to engage engaging in any lawful act or activity for which limited liability companies may be formed under the Law. The Company shall have all of the powers of a limited liability company set forth in the LawAct.

Appears in 1 contract

Samples: Operating Agreement

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Purpose and Character of Business. The general --------------------------------- purpose of the Company is to engage in any lawful act or activity for which limited liability companies may be formed organized under the Law. The Company shall have all of the powers of a limited liability company set forth in the LawAct.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Commercial Aggregates Transportation & Sales LLC)

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