Common use of Purpose; Powers Clause in Contracts

Purpose; Powers. The purpose of the Company is to engage in any lawful business or activity in which a limited liability company may be engaged under the Act.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Tesoro High Plains Pipeline Co LLC), Limited Liability Company Agreement (Tesoro High Plains Pipeline Co LLC), Limited Liability Company Agreement (Tesoro High Plains Pipeline Co LLC)

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Purpose; Powers. The Company is 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 Members. The Company is will have any and all powers necessary or desirable to engage in any lawful carry out the purposes and business or activity in which a of the Company, to the extent the same may be lawfully exercised by limited liability company may be engaged companies under the Act.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (ICO P&O, Inc.), Operating Agreement (Pathology Solutions, LLC), Limited Liability Company Operating Agreement (Pathology Solutions, LLC)

Purpose; Powers. (a) The purpose of the Company is (i) to engage manage the Company Business and (iii) to do any and all things and perform any and all acts incidental to, necessary, appropriate or advisable in any lawful business or activity in which a limited liability company may be engaged under connection with the Actforegoing.

Appears in 3 contracts

Samples: Contribution Agreement (Oge Energy Corp.), Contribution Agreement (Energy Transfer Partners, L.P.), Contribution Agreement (Energy Transfer Equity, L.P.)

Purpose; Powers. The purpose of the Company is to engage in any lawful business or activity in for which a limited liability company may be engaged formed under the Act. The Company, and the Managing Member and the Officers on behalf of the Company, (i) shall have and exercise all powers necessary, convenient or incidental to accomplish its purposes as set forth in this Section 2, and (ii) shall have and exercise all of the powers and rights conferred upon limited liability companies formed pursuant to the Act.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sabra Health Care REIT, Inc.), Agreement and Plan of Merger (Care Capital Properties, Inc.)

Purpose; Powers. (a) The purpose of the Company is to engage in the Business and any other lawful business act or activity in for which a limited liability company companies may be engaged formed under the ActDGCL and to engage in any and all activities necessary or incidental thereto.

Appears in 2 contracts

Samples: Joint Venture Agreement (Hempacco Co., Inc.), Joint Venture Agreement (Hempacco Co., Inc.)

Purpose; Powers. (a) The purpose of the Company is to engage in any lawful business act or activity in for which a limited liability company companies may be engaged under the Actformed and to engage in any and all activities necessary or incidental thereto.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ascend Wellness Holdings, LLC), Limited Liability Company Agreement (Ascend Wellness Holdings, LLC)

Purpose; Powers. (a) The purpose of the Company is to engage in the Business and any other lawful business act or activity in for which a limited liability company corporation may be engaged formed under the ActNRS and to engage in any and all activities necessary or incidental thereto.

Appears in 2 contracts

Samples: Joint Venture Agreement (Hempacco Co., Inc.), Joint Venture Agreement (High Sierra Technologies, Inc.)

Purpose; Powers. The purpose purposes of the Company is are to engage in any lawful activity and/or business or activity in for which a limited liability company companies may be engaged formed under the Act. The Company shall possess and, subject to the limitations herein expressed, may exercise, all powers necessary, convenient or incidental to the conduct, promotion or attainment of its business, purposes or activities to the fullest extent provided by the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Nextracker Inc.), Limited Liability Company Agreement (Nextracker Inc.)

Purpose; Powers. The purpose of the Company is to engage in any lawful business or activity in which a limited liability company may be engaged under the Act.. 1.4

Appears in 1 contract

Samples: Operating Agreement (Tesoro High Plains Pipeline Co LLC)

Purpose; Powers. The purpose of the Company is to engage in any lawful business or activity in which a permitted by the Act. The Company shall have all powers granted to limited liability company may be engaged companies under the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (General Trust Co)

Purpose; Powers. The purpose of the Company is to engage in any lawful business do anything and all things permitted by the Act necessary or activity in which a limited liability company appropriate for the purposes set forth above. The Company shall possess and may be engaged under exercise all powers and privileges granted by the Act, by any other law, or by this Agreement, including incidental powers thereto, to the extent that such powers and privileges are necessary, customary, convenient, or incidental to the attainment of the Company’s purposes.

Appears in 1 contract

Samples: Operating Agreement

Purpose; Powers. (a) The purpose of the Company is to engage in any lawful business act or activity in for which a limited liability company companies may be engaged formed under the ActMassachusetts Act and to engage in any and all activities necessary or incidental thereto.

Appears in 1 contract

Samples: Operating Agreement (Agrify Corp)

Purpose; Powers. (a) The purpose of the Company is to engage in any lawful business act or activity in for which a limited liability company companies may be engaged organized under the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Solgar)

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Purpose; Powers. The purpose of the Company is to engage in any lawful business act or activity in for which a limited liability company companies may be engaged formed under the ActActs, and to engage in any and all activities necessary or incidental to these purposes. The Company shall have all the powers necessary or convenient to carry out the purposes for which it is formed, including the powers granted by the Acts.

Appears in 1 contract

Samples: Operating Agreement

Purpose; Powers. (a) The purpose of the Company is shall be to conduct and engage in any lawful business activities as defined from time to time by the Manager and any other lawful business activities related or activity incidental thereto and to exercise all powers enumerated in which a limited liability company may be engaged under the ActLLC Act necessary to the conduct, promotion or attainment of the purposes set forth herein and for the protection and benefit of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hc2 Holdings, Inc.)

Purpose; Powers. (a) The purpose of the Company is to engage in the Business and any other lawful business act or activity in for which a limited liability company companies may be engaged formed under the ActNRS and to engage in any and all activities necessary or incidental thereto.

Appears in 1 contract

Samples: Joint Venture Agreement (Hempacco Co., Inc.)

Purpose; Powers. (a) The purpose purposes of the Company is are to engage in the Business and to engage in any lawful business and all activities necessary or activity in which a limited liability company may be engaged under the Actincidental thereto.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Great Elm Capital Corp.)

Purpose; Powers. (a) The business and purpose of the Company is to engage in act as a manager and/or member of Persons which transacts any lawful business or activity in which a limited liability company may be engaged under related to the Actpurpose of the project.

Appears in 1 contract

Samples: Operating Agreement

Purpose; Powers. (a) The purpose of the Company is to engage in any lawful business act or activity in for which a limited liability company may be engaged organized under the Act.

Appears in 1 contract

Samples: Operating Agreement (Rumford Falls Power CO)

Purpose; Powers. (a) The purpose of the Company is to engage in any lawful business act or activity in for which a limited liability company companies may be engaged formed under the ActAct and to engage in any and all activities necessary or incidental thereto.

Appears in 1 contract

Samples: Operating Agreement (Csac Acquisition Inc.)

Purpose; Powers. (a) The purpose of the Company is to engage in the Business and any other lawful business act or activity in for which a limited liability company companies may be engaged formed under the ActFRLLCA and to engage in any and all activities necessary or incidental thereto.

Appears in 1 contract

Samples: Operating Agreement (Hempacco Co., Inc.)

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