Common use of Purposes and Scope of Business Clause in Contracts

Purposes and Scope of Business. The business and purposes of the Partnership shall be to engage in any and all lawful business activities in which limited partnerships formed in the State of Texas may engage or participate under the Act. Subject to the terms and conditions of this Agreement, the Partnership shall have the power and authority to do all such other acts and things as may be necessary, desirable, expedient, convenient for, or incidental to, the furtherance and accomplishment of the foregoing objectives and purposes and for the protection and benefit of the Partnership. The assets of the Partnership, whether now or hereafter owned, are sometimes referred to as the "Partnership Assets".

Purposes and Scope of Business. The business and purposes of the Partnership shall be to engage in any and all lawful business activities in which limited partnerships formed in the State of Texas may engage or participate under and, without limiting the Actforegoing, the Partnership is specifically authorized to purchase, develop and operate various landfill operations. Subject to the terms and conditions of this Agreement, the Partnership shall have the power and authority to do all such other acts and things as may be necessary, desirable, expedient, convenient for, or incidental to, the furtherance and accomplishment of the foregoing objectives and purposes and for the protection and benefit of the Partnership. The assets of the Partnership, whether now or hereafter owned, are sometimes referred to as the "Partnership Assets.".