Common use of Purpose of LLC Clause in Contracts

Purpose of LLC. The purpose of the LLC is to engage in any lawful activity under the Act.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (DreamWorks Animation, LLC), Limited Liability Company Agreement (NBCUniversal Media, LLC), Limited Liability Company Agreement (NBCUniversal Media, LLC)

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Purpose of LLC. The purpose of the LLC is to engage in the LLC Business and in furtherance thereof, the LLC may engage in any lawful activity for which a limited liability LLC may be organized under the Act. Any change in the LLC Business shall require the affirmative vote or written consent of Members holding a Supermajority in Interest.

Appears in 3 contracts

Samples: Operating Agreement (Vertical Computer Systems Inc), Operating Agreement (Vertical Computer Systems Inc), Operating Agreement (Vertical Computer Systems Inc)

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