Common use of Purpose; Powers Clause in Contracts

Purpose; Powers. The Company is formed for the purpose of engaging in any lawful businesses, purposes or activities for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Purpose; Powers. The Company is formed for the object and purpose of, and the nature of the business to be conducted and promoted by the Company is, engaging in any lawful businesses, purposes act or activities activity for which limited liability companies may be formed under the Act. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as including such powers and privileges as are necessary or convenient to the conduct, promotion or attainment conduct of the business business, purposes or activities of the Company.

Purpose; Powers. The Company is formed organized for the object and purpose of engaging in all such lawful transactions and business activities as may be determined from time to time by the Board. The Company will have any lawful businessesand all powers necessary or desirable to carry out the purposes and business of the Company, purposes or activities for which to the extent the same may be lawfully exercised by limited liability companies may be formed under the Act. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company.

Purpose; Powers. The Company is formed for the purpose of engaging in any lawful businesses, purposes business permitted by the Act or activities for the laws of any jurisdiction in which limited liability companies the Company may be formed under the Actdo business. The Company shall possess have the power to engage in all activities and may exercise all transactions that the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are Managing Directors from time to time deem necessary or convenient to advisable in connection with the conduct, promotion or attainment of the business purposes or activities of the Companyforegoing.

Purpose; Powers. The Company is formed for the purpose of engaging in any lawful businesses, purposes business permitted by the LLC Act or activities for the laws of any jurisdiction in which limited liability companies the Company may be formed under the Actdo business. The Company shall possess have the power to engage in all activities and may exercise all transactions which the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are Manager deems necessary or convenient to advisable in connection with the conduct, promotion or attainment of the business purposes or activities of the Companyforegoing.

Purpose; Powers. The Company is formed for the object and purpose of, and the nature of the business to be conducted and promoted by the Company is, engaging in any lawful businesses, purposes act or activities activity for which limited liability companies may be formed under the Act. The Company shall possess Act and may exercise engaging in any and all the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are activities necessary or convenient to the conduct, promotion or attainment desirable in furtherance of the business purposes foregoing and doing every other act and thing incidental thereto or activities of the Companyconnected therewith.

Purpose; Powers. The Company is formed for the object and purpose of, and the nature of the business to be conducted and promoted by the Company is, engaging in any lawful businesses, purposes act or activities activity for which limited liability companies may be formed under the ActAct and engaging in any and all activities necessary, convenient, desirable or incidental to the foregoing, including, without limitation, the run-off of its, and its subsidiaries', existing insurance businesses. The Company shall possess and may exercise all the powers and privileges granted by under the Act or by any other law or by this AgreementLaw, together with any powers incidental thereto, so far as including, but not limited to, such powers and privileges as are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of purpose for which the CompanyCompany is being formed as is set forth in the immediately preceding sentence.

Purpose; Powers. The purpose for which the Company is formed for is the purpose transaction of engaging in any or all lawful businesses, purposes or activities business for which a limited liability companies company may be formed under the Act. The Company shall possess have all powers, which are provided to a limited liability company under the Act, which are related to such purpose and may exercise all the powers and privileges granted by the Act necessary, convenient or by any other law or by this Agreement, together with any powers incidental thereto, so far as advisable to accomplish such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Companypurpose.