Common use of Purpose of Company Clause in Contracts

Purpose of Company. The purpose of the Company shall be to own, operate, hold, lease, manage, finance, acquire, sell, substitute and dispose of, or otherwise deal with or provide services with respect to, the Facilities. The Members acknowledge and agree that the goal of the Company is to maximize the Members' return on their investment. Except as otherwise provided herein, the Company shall not engage in any other activities and businesses unless Approved by all Members.

Purpose of Company. The principal purpose of the Company shall be to ownacquire, operate, holdmanage, leasedevelop, managerenovate, upgrade, improve, finance, acquire, sell, substitute market and potentially dispose ofof the Acquired Assets directly, or otherwise deal with through one or provide services with respect to, more Subsidiaries of the FacilitiesCompany. The Members acknowledge and agree that the goal of the Company is to maximize the Members' return on their investment. Except as otherwise provided herein, the Company shall not may also engage in any other activities business or activity ancillary thereto that a limited liability company may be engaged in under applicable law, subject to approval of the Board and businesses unless Approved by all Membersany other applicable provisions of this Agreement.

Purpose of Company. The purpose of the Company shall be to own, operate, hold, lease, manage, finance, acquire, sell, substitute and dispose of, or otherwise deal with or provide services with respect to, the Facilities. The Members acknowledge and agree that the goal of the Company is to maximize directly or indirectly carry on the Members' return on their investmentbusiness of acquiring, owning, developing, operating, managing, improving, repairing, renting, mortgaging, refinancing, selling, conveying and otherwise dealing with the Property and all activities reasonably related thereto. Except as otherwise provided hereinIn furtherance of such purpose, the Company shall not engage in any other activities and businesses unless Approved have all such powers as may be exercised by all Members.a limited liability company under the laws of the State of

Purpose of Company. The purpose of the Company shall be to ownto, operatebuy, holdsell, mortgage, encumber, develop, lease, manage, financeoperate, acquireinvest in, selldeal in, substitute and dispose ofotherwise hold undeveloped, or otherwise deal with or provide services with respect community, residential, and agricultural real and personal property of all kinds, including, but not limited to, the Facilitiesshopping centers, stores, office buildings, and apartment complexes. The Members acknowledge and agree that the goal of the Company is to maximize the Members' return on their investment. Except as otherwise provided hereinAdditionally, the Company shall not may acquire such assets and engage in investments of all types and any and all other activities and businesses unless Approved lawful purposes that may be conducted by all Membersa limited liability company as deemed appropriate by the Manager.

Purpose of Company. The purpose of the Company shall be is to own, operate, hold, lease, manage, finance, acquire, sell, substitute and dispose of, or otherwise deal with or provide services with respect to, the Facilitiesand invest in Investment Securities and to engage in such other activities as are permitted hereby. The Members acknowledge and agree that the goal of the Company is to maximize the Members' return on their investment. Except as otherwise provided herein, the Company shall not engage in any other business. In connection with the foregoing, the Company may engage in all activities necessary, customary, convenient or incident to such purpose, upon the terms and businesses unless Approved by all Memberssubject to the conditions of this Agreement.