Common use of Purpose; Powers Clause in Contracts

Purpose; Powers. In furtherance of the investment objectives of the Company, the Company may engage in any lawful act or activity for which limited liability companies may be formed under the laws of the State of Delaware and shall have all the powers available to it as a limited liability company formed under the laws of the State of Delaware.

Appears in 29 contracts

Samples: Limited Liability Company Agreement (TCW Spirit Direct Lending LLC), Limited Liability Company Agreement (Phillip Street Middle Market Lending Fund LLC), Limited Liability Company Agreement (TCW Star Direct Lending LLC)

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Purpose; Powers. In furtherance (a) The purpose of the investment objectives of the Company, the Company may is to engage in any lawful act or activity for which limited liability companies may be formed under the laws of the State of Delaware Act and to engage in any and all activities necessary or incidental thereto. (b) The Company shall have all the powers available necessary or convenient to carry out the purposes for which it as a limited liability company formed under is formed, including the laws of powers granted by the State of DelawareDelaware Act.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (ATN International, Inc.), Limited Liability Company Agreement (Ternio, LLC), Limited Liability Company Agreement (Longeveron LLC)

Purpose; Powers. In Subject to the terms hereof, in furtherance of the investment objectives of the Company, the Company may engage in any lawful act or activity for which limited liability companies may be formed under the laws of the State of Delaware and shall have all the powers available to it as a limited liability company formed under the laws of the State of Delaware.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (West Bay BDC LLC), Limited Liability Company Agreement (West Bay BDC LLC), Limited Liability Company Agreement (West Bay BDC LLC)

Purpose; Powers. In furtherance of the investment objectives of the Company, the The Company may engage in any lawful act or activity for which limited liability companies may be formed under the laws of the State of Delaware and shall have all the powers available to it as a limited liability company formed under the laws of the State of Delaware.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (LGAM Private Credit LLC), Limited Liability Company Agreement (North Haven Private Income Fund a LLC)

Purpose; Powers. In furtherance of The Company shall have the investment objectives of the Company, the Company may power to engage in any and all lawful act businesses or activity for activities and exercise any powers in which limited liability companies may be formed under the laws of the State of Delaware and shall have all the powers available to it as a limited liability company formed may be engaged under applicable Law, including the laws of Delaware Act. The Company will have all powers permitted to be exercised by a limited liability company organized in the State of Delaware.

Appears in 2 contracts

Samples: Interim Sponsors Agreement (Dynegy Inc.), Interim Sponsors Agreement (Dynegy Inc.)

Purpose; Powers. In furtherance The purpose of the investment objectives of the Company, the Company may is to engage in any lawful act or activity for which limited liability companies may be formed under the laws of the State of Delaware and shall have all the powers available to it as a limited liability company formed under the laws of organized in the State of Delaware. The Company shall possess and may exercise all of the powers and privileges granted by the Delaware Limited Liability Company Act (6 Del. C. §§ 18-101, et seq.) as may be amended from time to time (the “Delaware Act”) or by any other law or by this Agreement, together with any powers incidental thereto.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (DiCE MOLECULES HOLDINGS, LLC), Limited Liability Company Agreement (DiCE MOLECULES HOLDINGS, LLC)

Purpose; Powers. In furtherance of the investment objectives of the Company, The purpose for which the Company may engage in any lawful act or activity for which is continued is to have and exercise all powers and to conduct such business activities as are permitted to limited liability companies may be formed under the laws of the State of Delaware and shall have all the powers available to it as a limited liability company formed under by the laws of the State of Delaware. The Company will have all powers permitted to be exercised by a limited liability company organized in the State of Delaware.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Signal Genetics LLC), Limited Liability Company Agreement (Signal Genetics LLC)

Purpose; Powers. In furtherance The purpose of the investment objectives of the Company, the Company may is to engage in any lawful act or activity for which limited liability companies may be formed under the laws of the State of Delaware Act. The Company shall possess and shall have may exercise all the powers available and privileges granted by the Act, all other applicable law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to it as a limited liability company formed under the laws conduct, promotion and attainment of the State business, purposes or activities of Delawarethe Company.

Appears in 1 contract

Samples: Operating Agreement

Purpose; Powers. In furtherance The purposes of the investment objectives of the Company, the Company may are to engage in (i) any lawful act or activity for which limited liability companies may be formed under the laws of the State of Delaware Act and shall have (ii) any and all the powers available to it as a limited liability company formed under the laws of the State of Delawareactivities necessary or incidental thereto.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tecogen Inc.)

Purpose; Powers. In furtherance The purposes of the investment objectives of the Company, the Company may are to engage in any lawful act business or activity for which limited liability companies may be formed permitted under the laws of the State of Delaware and shall Act. The Company will have all the powers available permitted to it as be exercised by a limited liability company formed under the laws of organized in the State of Delaware.

Appears in 1 contract

Samples: Operating Agreement (NeoSpine Surgery, LLC)

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Purpose; Powers. In furtherance The Company is organized for the purposes of engaging directly, or through other members of the investment objectives of Company Group, in the Company, the Company may engage in Business and any lawful act other activity that now or activity for which limited liability companies hereafter may be formed under necessary, incidental, proper, advisable or convenient in connection with the laws of the State of Delaware and shall Business. The Company will have all the powers available permitted to it as be exercised by a limited liability company formed under the laws of organized in the State of Delaware.

Appears in 1 contract

Samples: Framework Agreement (Evolve Transition Infrastructure LP)

Purpose; Powers. In furtherance (a) The purpose of the investment objectives of the Company, the Company may is to engage in any lawful act or activity for which and all activities and exercise any power pem1itted to limited liability companies may be formed under the laws of the State of Delaware and shall have all the powers available to it as a limited liability company formed under the laws of the State of Delaware. (b) The Company shall have the power to do any and all acts necessary, appropriate, proper, advisable, incidental or convenient to or in furtherance of the purposes of the Company set forth in this Section 2.2. 2 0.02

Appears in 1 contract

Samples: Limited Liability Company Agreement (Rowan N-Class (Gibraltar) LTD)

Purpose; Powers. In furtherance (a) The purpose of the investment objectives of the Company, the Company may is to engage in any lawful act or activity for which and all activities and exercise any power permitted to limited liability companies may be formed under the laws of the State of Delaware and shall have all the powers available to it as a limited liability company formed under the laws of the State of Delaware. (b) The Company shall have the power to do any and all acts necessary, appropriate, proper, advisable, incidental or convenient to or in furtherance of the purposes of the Company set forth in this Section 2.2. 2.3

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Rowan N-Class (Gibraltar) LTD)

Purpose; Powers. In furtherance of the investment objectives of the Company, the Company may engage in any lawful act or activity for which limited liability companies may be formed under the laws of the State of Delaware and shall have all the powers available to it as a limited liability company formed under the laws of the State of Delaware. The activities of the Company will be limited to actions permitted for a business development company (“BDC”) that operates as a regulated investment company (“RIC”).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Andalusian Credit Company, LLC)

Purpose; Powers. In furtherance (a) The purpose of the investment objectives of the Company, the Company may is to engage in any lawful act or activity for which limited liability companies may be formed under the laws of Delaware Act and to engage in any and all activities necessary or incidental thereto (the State of Delaware and “Business”). (b) The Company shall have all the powers available necessary or convenient to carry out the purposes for which it as a limited liability company formed under is formed, including the laws of powers granted by the State of DelawareDelaware Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Purpose; Powers. In furtherance The purpose and business of the investment objectives of the Company, the Company may shall be to engage in any lawful act or activity for which limited liability companies may be formed under the laws of the State of Delaware and shall have all the powers available to it as conducted by a limited liability company formed organized under the laws of the State of Delaware.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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