Purpose of Business Sample Clauses

Purpose of Business. The purpose of the Company shall be (a) to own the membership interests in NUR (NUR’s activities being limited to those necessary or appropriate for the Project) and (b) to construct, own and operate the Project, and related activities ancillary to such purpose (which include, among other things, the transactions contemplated by the Credit Facilities).
Sample 1
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Purpose of Business. True Source is specifically organized for the purpose of becoming a recognized and credible certifier of honey products entering the U.S. food chain for the benefit of customers and consumers, who have the right to expect that every container of product that they purchase or bite of food they eat is, truthfully labeled, and ethically sourced. True Source is generally organized to call attention to the problem of illegally-sourced honey; to encourage action to protect consumers and customers from these practices; and to highlight and support legal, transparent and ethical sourcing. True Source seeks to help maintain the reputation of honey as a high quality, highly valued food and further sustain the U.S. honey sector by: a) improving the business conditions of honey producers, packers, dealers and importers; b) representing the members’ interests, as designated by the Board of Directors, principally in legislative, regulatory and technical matters pertaining to honey; c) providing opportunities for dialogue and education which may affect the honey industry through a web site, meetings, seminars, communications, publications and other programs and activities; d) engaging in such other activities as may ordinarily be considered incident to a non-profit organization. True Source may exercise any power suitable, convenient or proper to accomplish any of the purposes set forth in this Agreement or Articles of Organization, as may exist now or as may be amended from time to time, or incidental to those purposes, or which at any time may appear conducive to or expedient to accomplish any such purposes; and to have and exercise any and all powers and privileges now or hereafter conferred by the District of Columbia Limited Liability Company Act, D.C. Code §§ 29-1001 et seq. (2001), as amended (the “Act”), the general laws of the District of Columbia, and the provisions of Section 501(c)(6) of the Internal Revenue Code.
Sample 1
Purpose of Business. The purpose for which the Partnership has been formed and the powers that it may exercise under the Act are as follows: b) doing any and all things and carrying on any and all other activities necessary, convenient, or incidental to accomplish any of the preceding purposes and powers or to protect and benefit the Partnership.
Sample 1
Purpose of Business. The purpose of the Company’s business operation is to strengthen economic cooperation and technical exchange and adopt advanced and appropriate scientific management approach with a view of promoting China’s economic development and generating satisfactory return for each investor to the Company.
Sample 1
Purpose of Business. The purpose of the Partnership shall be to do any and all things reasonably incident thereto or in connection therewith.
Sample 1
Purpose of Business. The purpose of the creation and continued existence of the Company shall be to engage in and carry on any lawful business or activity, without reservation or restriction except as may be imposed by law. Specifically, it is the present intention of the Members that the Company shall be concerned with establishment of an Internet web site (the "Site") for consumers to view information pertaining to real estate properties and provide the consumer an opportunity to prequalify for, apply for, and close residential home loans. The Site may be a platform for multiple products and services related to real estate sales, advertising, etc., and as may be mutually agreed upon by the Members.
Sample 1
Purpose of Business. The primary purpose of Distribution Partner and the Company is to sell high quality Products to retail customers. As part of this process the Distribution Partner may introduce other Distribution Partner in the Distribution Business to build sales organization. However, introduction of other Distribution Partner is not Distribution Partner’s primary focus, but rather an integral part of Distribution Partner’s fundamental obligation to sell Products and increase the sales of Products to Customers.
Sample 1
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Purpose of Business. The purposes of the Company are to design, manufacture, market, import and export, and sell world-class copper-tube, copper fittings and related products in the PRC, to enhance the economic cooperation among the Parties, and to realize satisfactory financial and social returns for the Parties.
Sample 1
Purpose of Business 
Sample 1

Related to Purpose of Business

  • Purpose of DPA The purpose of this DPA is to describe the duties and responsibilities to protect Student Data including compliance with all applicable federal, state, and local privacy laws, rules, and regulations, all as may be amended from time to time. In performing these services, the Provider shall be considered a School Official with a legitimate educational interest, and performing services otherwise provided by the LEA. Provider shall be under the direct control and supervision of the LEA, with respect to its use of Student Data

  • Purpose of Use The Executive agrees that he will use Confidential Information only for purposes authorized or directed by the Company.

  • Purpose of Company The purpose of the Company is to engage in any lawful act or activity for which limited liability companies may be formed under the Act and to engage in any and all activities necessary or incidental thereto.

  • Purpose of Evaluation 10.1.1 It is recognized that a system of evaluation is essential to assist Unit Members in developing competency and realizing their potential. It is further recognized that information gathered through such a system will enable decisions that measure a Unit Member’s performance in a just and equitable manner. 10.1.2 The evaluation procedure is a cooperative process designed to: a. Promote the achievement of goals and objectives of the County Office and its programs through the assessment and evaluation of the staff that perform within that program; b. Provide a formal method of recognizing staff achievement and growth; c. Identify abilities and specific indicators most critical to support job performance; d. Develop suggestions and direction regarding desired performance and improvement based on standards for like positions; e. Increase the employee’s understanding of performance from the supervisor’s viewpoint; and f. Provide a process of two-way communication to evaluate job performance.

  • Purpose of Processing Personal Data will be Processed for the purpose of performing obligations under the Agreement.

  • PURPOSE OF THE TRUST The purpose of the Trust shall be to (a) manage, conduct, operate and carry on the business of an investment company; (b) subscribe for, invest in, reinvest in, purchase or otherwise acquire, hold, pledge, sell, assign, transfer, exchange, distribute or otherwise deal in or dispose of any and all sorts of property, tangible or intangible, including but not limited to Securities of any type whatsoever, whether equity or nonequity, of any issuer, evidences of indebtedness of any person and any other rights, interest, instruments or property of any sort to exercise any and all rights, powers and privileges of ownership or interest in respect of any and all such investment of every kind and description, including without limitation, the right to consent and otherwise act with respect thereto, with power to designate one or more Persons to exercise any of said rights, powers and privileges in respect of any of said investments. The Trustees shall not be limited by any law limiting the investments which may be made by fiduciaries.

  • PURPOSE OF THE CONTRACT DSHS agrees to purchase, and Contractor agrees to provide, services or goods to the eligible populations.

  • Purpose of the Company The purpose of the Company shall be to engage in any lawful business the Company may undertake. In furtherance of its purposes, but subject to the provisions of this Agreement, the Company shall have all powers necessary and appropriate for the accomplishment of such purposes that are conferred to limited liability companies under the Act.

  • Purpose of Fee If an employee does not become a member of the Association during any membership year (i.e., from September 1 to the following August 31) which is covered in whole or in part by this Agreement, said employee will be required to pay a representation fee to the Association for that membership year. The purpose of this fee will be to offset the employee’s per capita cost of services rendered by the Association as majority representative.

  • Sole purpose of the Concessionaire The Concessionaire having been set up for the sole purpose of exercising the rights and observing and performing its obligations and liabilities under this Agreement, the Concessionaire or any of its subsidiaries shall not, except with the previous written consent of the Authority, be or become directly or indirectly engaged, concerned or interested in any business other than as envisaged herein.

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