Common use of Purpose and Powers Clause in Contracts

Purpose and Powers. The purpose of the Company is, and the Company shall have the power and authority, to engage in and carry on any lawful business, purpose or activity for which a limited liability company may be formed under the Act. The Company may, and shall have all power and authority to, take any and all actions as may be necessary, appropriate, proper, advisable, incidental, convenient to or in furtherance of the foregoing purpose.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Genon Americas Generation LLC), Limited Liability Company Agreement (Genon Americas Generation LLC), Limited Liability Company Agreement (Mirant Mid Atlantic LLC)

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Purpose and Powers. The purpose purposes of the Company is, are to establish and conduct the Business and to do any and all things reasonably necessary or advisable in connection therewith (the “Business Purpose”). The Company shall have the power and authority, authority to engage in and carry on any lawful business, purpose or activity for which a limited liability company may be formed under the Act. The Company may, and shall have all power and authority to, take any and all actions as may be necessary, appropriate, proper, advisable, incidental, convenient necessary or advisable to or in for the furtherance of the foregoing purposesaid purposes.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (DISH Network CORP), Limited Liability Company Agreement (DISH Network CORP), Limited Liability Company Agreement (DISH Network CORP)

Purpose and Powers. The purpose of the Company is, and the Company shall have the power and authority, is to engage in and carry on any lawful business, purpose act or activity for which a limited liability company may be formed organized under the Act. The Company may, and shall have all the power necessary or convenient for the conduct, promotion, or attainment of such acts and authority to, take any and all actions as may be necessary, appropriate, proper, advisable, incidental, convenient to or in furtherance of the foregoing purposeactivities.

Appears in 4 contracts

Samples: Titan Corp, Titan Corp, Titan Corp

Purpose and Powers. (a) The purpose purposes of the Company is, are to (i) establish and conduct the Business; (ii) enter into the Related Agreements to which the Company is a party; and (iii) do any and all things reasonably necessary or advisable in connection with the foregoing. The Company shall have the power and authority, authority to engage in and carry on any lawful business, purpose or activity for which a limited liability company may be formed under the Act. The Company may, and shall have all power and authority to, take any and all actions as may be necessary, appropriate, proper, advisable, incidental, convenient necessary or advisable to or in for the furtherance of the foregoing purposesaid purposes.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Dobson Communications Corp), Limited Liability Company Agreement (Dutchess County Cellular Telephone Co Inc), Limited Liability Company Agreement (Dobson Communications Corp)

Purpose and Powers. The purpose of the Company is, and the Company shall have the power and authority, is to engage in and carry on any lawful business, purpose act or activity for which a limited liability company companies may be formed under the ActAct and to engage in any and all activities necessary or incidental thereto. The Company may, and shall have all power and authority to, take any and all actions as may be necessary, appropriate, proper, advisable, incidental, the powers necessary or convenient to or in furtherance of carry out the foregoing purpose.purposes for which it is formed, including the powers granted by the Act. P a g e | 18

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Af 2018 NPL a LLC), Limited Liability Company Agreement (Af 2018 NPL a LLC)

Purpose and Powers. The purpose purposes of the Company is, are to establish and conduct the Business and to do any and all things reasonably necessary or advisable in connection therewith. The Company shall have the power and authority, authority to engage in and carry on any lawful business, purpose or activity for which a limited liability company may be formed under the Act. The Company may, and shall have all power and authority to, take any and all actions as may be necessary, appropriate, proper, advisable, incidental, convenient necessary or advisable to or in for the furtherance of the foregoing purposesaid purposes.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (At&t Wireless Services Inc), Limited Liability Company Agreement (At&t Wireless Services Inc)

Purpose and Powers. The Company has been formed for the object and purpose of, and the nature of the business to be conducted by the Company is, and engaging in the Business. The Company shall have the power and authority, authority to engage in and carry on any lawful business, purpose or activity for which a limited liability company may be formed under the Act. The Company may, and shall have all power and authority to, take any and all actions as may be necessary, appropriate, proper, advisable, incidental, incidental or convenient to or in for the furtherance of the foregoing purposepurposes set forth in this Section 2.03.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Montana Technologies Corp.)

Purpose and Powers. The purpose of the Company is, and the Company shall have the power and authority, is to engage in any and carry on any lawful business, purpose or activity for which a limited liability company may be formed all activities permissible under the Act. The Company may, and shall have and exercise all power of the powers available to a limited liability company under the provisions of the Act and authority to, take any and all actions as may be which are necessary, appropriate, proper, advisable, incidental, convenient or advisable in order to or in furtherance of the foregoing purposeconduct its business.

Appears in 1 contract

Samples: Limited Liability (Sanford Recycling & Transfer, Inc.)

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Purpose and Powers. The purpose of the Company isshall be to perform management activities, provide services to affiliates, act as a shareholder, manager, general partner or limited partner of one or more entities wherever organized, and the Company shall have the power and authority, to engage in and carry on any other lawful business, purpose act or activity for which a limited liability company may be formed organized under the Act. The Company may, and shall have all the power and authority to, take to do any and all actions as may be acts necessary, appropriate, proper, advisable, incidental, incidental or convenient to or in for the furtherance of the foregoing purposepurposes and businesses described herein or authorized under the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Interactive Data Real-Time Services, Inc.)

Purpose and Powers. The purpose and business of the Company isis to acquire, explore, and develop the Company shall have the power Properties, and authority, to engage in any and carry on any lawful business, purpose all activities or activity for which a limited liability company may be formed under businesses related or incidental thereto as permitted by the Act. The Company may, and shall have all power and authority to, take not engage in any and all actions as may be necessary, appropriate, proper, advisable, incidental, convenient other activity not incidental to or in furtherance of the foregoing purposeforegoing.

Appears in 1 contract

Samples: Operating Agreement (Tekoil & Gas Corp)

Purpose and Powers. The purpose purposes of the Company isshall, and subject to the Company shall have provisions of the power and authorityAct, be to engage in and carry on any lawful business, purpose or activity for which a limited liability company may be formed under the Actactivity. The Company mayshall possess and may exercise all of the powers and privileges granted by or under the Act or by or under any other law or this Agreement, together with any powers incidental thereto, so far as such powers and shall have all power and authority to, take any and all actions as may be necessary, appropriate, proper, advisable, incidental, privileges are necessary or convenient to the conduct, promotion or in furtherance attainment of the foregoing purposebusiness purposes or activities of the Company.

Appears in 1 contract

Samples: Operating Agreement (Motorsport Gaming Us LLC)

Purpose and Powers. The purpose of the Company is, and the Company shall ------------------ have the power and authority, to engage in and carry on any lawful business, purpose or activity for which a limited liability company may be formed under the Act. The Company may, and shall have all power and authority to, take any and all actions as may be necessary, appropriate, proper, advisable, incidental, convenient to or in furtherance of the foregoing purpose.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Mirant Americas Generating LLC)

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