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. (a) The purpose of the Company shall be is limited solely to ownowning, operateholding, holdmanaging, leasedeveloping, manageleasing, finance, acquire, sell, substitute operating and dispose of, or otherwise deal with or provide services with respect to, the Facilities. The Members acknowledge and agree that the goal disposing of the Company Property, entering into the Loan Documents, refinancing the Property in connection with a permitted repayment or refinancing of the Loan, and transacting any and all lawful business that is incident, necessary and appropriate to maximize accomplish 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 Membersforegoing.

Purpose of Company. The purpose purposes of the Company shall be to acquire, own, operate, holdmanage, leasedevelop, manageredevelop, finance, acquirerefinance, sell, substitute lease and dispose of, or otherwise deal with the Property and assets related thereto, and interests therein, whether directly or provide services indirectly, alone or in association with respect to, the Facilitiesothers. The Members acknowledge and agree that the goal purposes of the Company is to maximize the Members' return on their investment. Except as otherwise provided hereininclude, the Company shall but are not engage in any other activities and businesses unless Approved by all Members.limited to: