Purpose of Company. The purpose of the Company shall be: (a) to acquire, own, manage and liquidate one or more Company Assets which shall consist of the real property located described in the Supplement, (b) engage in any and all activities necessary, incidental, proper, advisable or convenient to the foregoing, and (c) to engage in any and all other lawful activities and transactions as may be necessary, advisable, or desirable, as determined by the Manager, in its sole discretion, to carry out the foregoing or any reasonably related activities.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Purpose of Company. The principal purpose of the Company shall be: (a) be to acquire, ownoperate, manage manage, develop, renovate, upgrade, improve, finance, market and liquidate potentially dispose of the Acquired Assets directly, or through one or more Company Assets which shall consist Subsidiaries of the real property located described in the Supplement, (b) Company. The Company may also engage in any and all activities necessary, incidental, proper, advisable other business or convenient to the foregoing, and (c) to engage in any and all other lawful activities and transactions as activity ancillary thereto that a limited liability company may be necessaryengaged in under applicable law, advisable, or desirable, as determined by subject to approval of the Manager, in its sole discretion, to carry out the foregoing or Board and any reasonably related activities.other applicable provisions of this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Hard Rock Hotel Holdings, LLC), Limited Liability Company Agreement (Hard Rock Hotel Holdings, LLC)
Purpose of Company. The purpose of the Company shall be: (a) is to acquiredirectly or indirectly carry on the business of acquiring, ownowning, manage developing, operating, managing, improving, repairing, renting, mortgaging, refinancing, selling, conveying and liquidate one or more Company Assets which shall consist of otherwise dealing with the real property located described in the Supplement, (b) engage in any Property and all activities necessaryreasonably related thereto. In furtherance of such purpose, incidental, proper, advisable or convenient to the foregoing, and (c) to engage in any and Company shall have all other lawful activities and transactions such powers as may be necessary, advisable, or desirable, as determined exercised by a limited liability company under the Manager, in its sole discretion, to carry out laws of the foregoing or any reasonably related activities.State of
Appears in 1 contract
Samples: Limited Liability Company Agreement (CNL Growth Properties, Inc.)
Purpose of Company. The purpose of the Company shall be: (a) is to acquire, ownsell, manage dispose of, and liquidate one or more invest in Investment Securities and to engage in such other activities as are permitted hereby. The Company Assets which shall consist of the real property located described in the Supplement, (b) not engage in any and other business. In connection with the foregoing, the Company may engage in all activities necessary, incidentalcustomary, properconvenient or incident to such purpose, advisable or convenient upon the terms and subject to the foregoing, and (c) to engage in any and all other lawful activities and transactions as may be necessary, advisable, or desirable, as determined by the Manager, in its sole discretion, to carry out the foregoing or any reasonably related activities.conditions of this Agreement.
Appears in 1 contract
Samples: Operating Agreement (Prudential Insurance Co of America)
Purpose of Company. The purpose of the Company shall be: (a) to acquirebe to, ownbuy, manage sell, mortgage, encumber, develop, lease, manage, operate, invest in, deal in, and liquidate one or more otherwise hold undeveloped, community, residential, and agricultural real and personal property of all kinds, including, but not limited to, shopping centers, stores, office buildings, and apartment complexes. Additionally, the Company Assets which shall consist of the real property located described in the Supplement, (b) may acquire such assets and engage in any investments of all types and all activities necessary, incidental, proper, advisable or convenient to the foregoing, and (c) to engage in any and all other lawful activities and transactions as purposes that may be necessary, advisable, or desirable, conducted by a limited liability company as determined deemed appropriate by the Manager, in its sole discretion, to carry out the foregoing or any reasonably related activities..
Appears in 1 contract
Samples: Operating Agreement
Purpose of Company. The purpose of the Company shall be: (a) to acquire, own, manage and liquidate one or more Company Assets which shall consist of the real property located described in the Supplement, (b) engage in any and all activities necessary, incidental, proper, advisable or convenient to the foregoing, and (c) to engage in any and all other lawful activities and transactions as may be necessary, advisable, or desirable, as determined by the Manager, in its sole discretion, to carry out the foregoing or any reasonably related activities.activities.
Appears in 1 contract