Common use of Purpose of LLC Clause in Contracts

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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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: 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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