Common use of Purpose; Powers Clause in Contracts

Purpose; Powers. The primary business and purpose of the Company shall be to engage in such activities as are permitted under the Delaware Act and determined from time to time by the Manager in accordance with the terms and conditions of this Agreement. The Company shall have the power and authority to take (directly or indirectly through its Subsidiaries) any and all actions and engage in any and all activities necessary, appropriate, desirable, advisable, ancillary or incidental to accomplish the foregoing purpose.

Appears in 42 contracts

Samples: Limited Liability Company Agreement (Flowco Holdings Inc.), Limited Liability Company Agreement (Infinity Natural Resources, Inc.), Operating Agreement (OneStream, Inc.)

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Purpose; Powers. The primary business and purpose of the Company shall be to engage in such activities as are permitted under the Delaware Act and determined from time to time by the Manager in accordance with the terms and conditions of this AgreementAct. The Company shall have the power and authority to take (directly or indirectly through its Subsidiaries) any and all actions and engage in any and all activities necessary, appropriate, desirable, advisable, ancillary or incidental to accomplish the foregoing purpose.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (American Oncology Network, Inc.), Business Combination Agreement (Digital Transformation Opportunities Corp.), Business Combination Agreement (Digital Transformation Opportunities Corp.)

Purpose; Powers. The primary business and purpose of the Company shall be to engage in such activities as are permitted under the Delaware Act and determined from time to time by the Manager in accordance with the terms and conditions of this Agreement. The Company shall have the power and authority to take (directly directly, or indirectly through its Subsidiaries) any and all actions and engage in any and all activities necessary, appropriate, desirable, advisable, ancillary or incidental to accomplish the foregoing purpose.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Shift4 Payments, Inc.), Limited Liability Company Agreement (Shift4 Payments, Inc.)

Purpose; Powers. The primary business and purpose of the Company shall be to engage in such lawful acts or activities as are permitted under the Delaware Act and determined from time to time by the Manager in accordance with the terms and conditions of this AgreementAct. The Company shall have the power and authority to take (directly or indirectly through its Subsidiaries) any and all actions and engage in any and all activities necessary, appropriate, desirable, advisable, ancillary or incidental to accomplish the foregoing purpose.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Intuitive Machines, Inc.), Business Combination Agreement (Inflection Point Acquisition Corp.)

Purpose; Powers. The primary purpose and business and purpose of the Company shall be any business which may lawfully be conducted by a limited liability company organized pursuant to engage in such activities as are permitted under the Delaware Act and determined from time to time by the Manager in accordance with the terms and conditions of this AgreementAct. The Company shall have possess and may exercise all powers and privileges granted by the power Delaware Act, any other law, or by this Agreement, including incidental powers thereto, to the extent that such powers and authority to take (directly or indirectly through its Subsidiaries) any and all actions and engage in any and all activities privileges are necessary, appropriatecustomary, desirable, advisable, ancillary convenient or incidental to accomplish the foregoing purposeattainment of the Company’s purposes.

Appears in 2 contracts

Samples: Operating Agreement (Cnu of Virginia, LLC), Operating Agreement (Cnu of Virginia, LLC)

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Purpose; Powers. The primary purpose and business and purpose of the Company shall be any business which may lawfully be conducted by a limited liability company organized pursuant to engage in such activities as are permitted under the Delaware Act and determined from time to time by the Manager in accordance with the terms and conditions of this Agreement. Act_ The Company shall have possess and may exercise all powers and privileges granted by the power Delaware Act, any other law, or by this Agreement, including incidental powers thereto, to the extent that such powers and authority to take (directly or indirectly through its Subsidiaries) any and all actions and engage in any and all activities privileges are necessary, appropriatecustomary, desirable, advisable, ancillary convenient or incidental to accomplish the foregoing purposeattainment of the Company’s purposes.

Appears in 1 contract

Samples: Operating Agreement (Cnu of Virginia, LLC)

Purpose; Powers. The primary business and purpose of the Company shall be to engage in such conduct any business activities as are permitted under the Delaware Act and determined from time to time under the Delaware LLC Act as such business activities may be determined by the Manager in accordance with the terms and conditions of this AgreementExecutive Committee. The Company shall have has the power and authority to take (directly or indirectly through its Subsidiaries) do any and all actions and engage in any and all activities acts necessary, appropriate, desirableproper, advisable, ancillary incidental or incidental convenient to accomplish or in furtherance of the foregoing purposepurposes of the Company set forth in this Section 2.5.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Calavo Growers Inc)

Purpose; Powers. The primary business and purpose of the Company shall be to engage in such activities as are permitted under the Delaware Act and determined from time to time by the Manager in accordance with the terms and conditions of this Agreement. The Company shall have the power and authority to take (directly or indirectly through its Subsidiaries) any and all actions and engage in any and all activities necessary, appropriate, desirable, advisable, ancillary or incidental to accomplish the foregoing purpose.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Symbotic Inc.)

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