Common use of Purpose; Powers Clause in Contracts

Purpose; Powers. (a) The purpose of the Company is to engage in _________________________and in any and all activities related or incidental thereto. (b) The Company has the power to do any and all acts necessary, appropriate, proper, advisable, incidental or convenient to and in furtherance of the purposes of the Company set forth in this Section 1.3 and has, without limitation, any and all powers that may be exercised on behalf of the Company by the Manager pursuant to Article V.

Appears in 2 contracts

Samples: LLC Operating Agreement, Operating Agreement

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Purpose; Powers. (a) The purpose of the Company is to engage in _________________________the Business and any other lawful act or activity for which a corporation may be formed under the NRS and to engage in any and all activities related necessary or incidental thereto. (b) The Company has shall have all the power to do any and all acts necessary, appropriate, proper, advisable, incidental powers necessary or convenient to and in furtherance of carry out the purposes of for which it is formed, including the Company set forth in this Section 1.3 and has, without limitation, any and all powers that may be exercised on behalf of the Company granted by the Manager pursuant to Article V.NRS.

Appears in 2 contracts

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

Purpose; Powers. (a) The purpose of the Company is to engage in _________________________the Business and any other lawful act or activity for which limited liability companies may be formed under DGCL and to engage in any and all activities related necessary or incidental thereto. (b) The Company has shall have all the power to do any and all acts necessary, appropriate, proper, advisable, incidental powers necessary or convenient to and in furtherance of carry out the purposes of for which it is formed, including the Company set forth in this Section 1.3 and has, without limitation, any and all powers that may be exercised on behalf of the Company granted by the Manager pursuant to Article V.DGCL.

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 act or activity for which limited liability companies may be formed and to engage in any and all activities related necessary or incidental thereto. (b) The Company has shall have all the power to do any and all acts necessary, appropriate, proper, advisable, incidental powers necessary or convenient to and in furtherance of carry out the purposes of the Company set forth in this Section 1.3 and has, without limitation, any and all powers that may be exercised on behalf of the Company by the Manager pursuant to Article V.for which it is formed.

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 sole purposes of the Company is are: (i) to conduct the Permitted Business; and (ii) to do such other things and engage in _________________________and in any and all other activities related that are necessary, convenient, or incidental theretoto the foregoing purpose. (b) The Company has the power to do any and all acts necessary, appropriate, proper, advisable, incidental incidental, or convenient to to, and in furtherance of of, the purposes of the Company set forth in this Section 1.3 and has, without limitation, has any and all powers that may be exercised on behalf of the Company by the Manager Managing Member pursuant to Article V.Section 5 that are consistent with Section 1.3(a).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (At&t Inc.), Limited Liability Company Agreement (At&t Inc.)

Purpose; Powers. (a) The purpose purposes of the Company is are to engage in _________________________the Business and to engage in any and all activities related necessary or incidental thereto. (b) The Company has shall have all the power to do any and all acts necessary, appropriate, proper, advisable, incidental powers necessary or convenient to and in furtherance of carry out the purposes of for which it is formed, including the Company set forth in this Section 1.3 and has, without limitation, any and all powers that may be exercised on behalf of the Company granted by the Manager pursuant to Article V.Delaware Act.

Appears in 2 contracts

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

Purpose; Powers. (a) The purpose of the Company is solely to engage in _________________________and in any and all activities related or incidental theretothe Business. (b) The Company has (i) shall possess and may exercise all the power to do powers and privileges granted by the Act or by any Law or by this Agreement together with any powers incidental thereto, insofar as such powers and all acts privileges are necessary, appropriate, proper, advisable, incidental or convenient to and to, or in furtherance of of, the purposes of the Company set forth in this Section 1.3 Business and (ii) has, without limitation, any and all powers that may be exercised on behalf of the Company by the Manager Board of Managers and the Managing Member pursuant to Article V.III.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Washington Gas Light Co)

Purpose; Powers. (a) The purpose of the Company is to engage in _________________________and in any and all activities related lawful act or incidental theretoactivity for which limited liability companies may be organized under the Act. (b) The Company has the power to do any and all acts necessary, appropriate, proper, advisable, incidental or convenient to and or in furtherance of the purposes of the Company set forth in this Section 1.3 and has, without limitation, any and all powers that may be exercised on behalf of the Company by the Manager pursuant to Article V.4(a).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Solgar)

Purpose; Powers. (a) The purpose of the Company is to engage in _________________________and in any and all activities related lawful act or incidental theretoactivity for which a limited liability company may be organized under the Act. (b) The Company has the power to do any and all acts necessary, appropriate, proper, advisable, incidental or convenient to and or in furtherance of the purposes purpose of the Company set forth form in this Section 1.3 2.04(a) hereof and has, without limitation, any and all powers that may be exercised on behalf of the Company by the Manager Board of Directors pursuant to Article V.V hereof.

Appears in 1 contract

Samples: Operating Agreement (Rumford Falls Power CO)

Purpose; Powers. (a) The purpose purposes of the Company is are to engage in _________________________and in any and all activities related or incidental thereto.(i) (b) The Company has shall have all the power to do any and all acts necessary, appropriate, proper, advisable, incidental powers necessary or convenient to and in furtherance of carry out the purposes of for which it is formed, including the Company set forth in this Section 1.3 and has, without limitation, any and all powers that may be exercised on behalf of the Company granted by the Manager pursuant to Article V.[INSERT LEGAL CITATION/STATE LAW].

Appears in 1 contract

Samples: LLC Operating Agreement

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Purpose; Powers. (a) The purpose of the Company is (i) to engage in _________________________manage the Company Business and in (iii) to do any and all activities related things and perform any and all acts incidental to, necessary, appropriate or incidental theretoadvisable in connection with the foregoing. (b) The In furtherance of its purposes stated in Section 2.4 (a), the Company has the power to do any and shall have all acts powers necessary, appropriate, proper, advisable, incidental suitable or convenient for the accomplishment of its purposes, alone or with others, as principal or agent, subject to and in furtherance of the purposes of the Company any limitations set forth in this Section 1.3 and has, without limitation, any and all powers that may be exercised on behalf of the Company by Act or the Manager pursuant to Article V.Certificate.

Appears in 1 contract

Samples: Contribution Agreement (Oge Energy Corp.)

Purpose; Powers. (a) The purpose of the Company is shall be to shall be to engage in _________________________any lawful activities that the Managers deem appropriate and to do all things necessary or convenient to accomplish its purpose and operate its business as described in any and all activities related or incidental thereto. (b) this Section 2. The Company has shall have all powers of a limited liability company under the Act and the power to do any and all acts necessary, appropriate, proper, advisable, incidental things necessary or convenient to accomplish its purpose and in furtherance of the purposes of the Company set forth operate its business as described in this Section 1.3 and has, without limitation, any and all powers that may be exercised on behalf of the Company by the Manager pursuant to Article V.2.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Midas Medici Group Holdings, Inc.)

Purpose; Powers. (a) The purpose purposes of the Company is are to engage in (i) _______________________________________ __________________________________________________________________________________ [DESCRIPTION OF THE COMPANY'S BUSINESS] (the "Business") and in (ii) any and all activities related necessary or incidental thereto. (b) The Company has shall have all the power to do any and all acts necessary, appropriate, proper, advisable, incidental powers necessary or convenient to and in furtherance of carry out the purposes of for which it is formed, including the Company set forth in this Section 1.3 and has, without limitation, any and all powers that may be exercised on behalf of the Company granted by the Manager pursuant to Article V.____________________[INSERT LEGAL CITATION/STATE LAW].

Appears in 1 contract

Samples: LLC Operating Agreement

Purpose; Powers. (a) The purpose of the Company is to engage in _________________________and in any and all activities related or incidental theretooperate the Business. (b) The Company has the power to do any and all acts necessary, appropriate, proper, advisable, incidental or convenient to and or in furtherance of the purposes of the Company set forth in this Section 1.3 and has, without limitation, any and all powers that may be exercised on behalf of the Company by the Manager pursuant to Article V.1.3(a) hereof.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lakes Entertainment Inc)

Purpose; Powers. (a) The purpose of the Company is to engage in _________________________and in any do anything and all activities related things permitted by the Act necessary or appropriate for the purposes set forth above. The Company shall possess and may 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 thereto. (b) The Company has to the power to do any and all acts necessary, appropriate, proper, advisable, incidental or convenient to and in furtherance attainment of the purposes of the Company set forth in this Section 1.3 and has, without limitation, any and all powers that may be exercised on behalf of the Company by the Manager pursuant to Article V.Company’s purposes.

Appears in 1 contract

Samples: Operating Agreement

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