Common use of Purpose of Entity Clause in Contracts

Purpose of Entity. Such Member was not organized for the specific purpose of acquiring the Membership Interest.

Appears in 7 contracts

Samples: Operating Agreement (Claxson Interactive Group Inc), Operating Agreement (Playboy Enterprises Inc), Operating Agreement (Playboy Enterprises Inc)

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Purpose of Entity. Such The Member was not organized for the specific purpose of acquiring the Membership Interest.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Akorn Inc)

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