Common use of Purposes of the Company Clause in Contracts

Purposes of the Company. The purpose of the Company shall be (a) to invest in and operate businesses in the field of telecommunications and such other fields of business as may be approved by the Manager, (b) to engage in and carry on any other lawful business or activity in connection with the foregoing or otherwise, and (c) to have and exercise all of the powers, rights and privileges which a limited liability company organized pursuant to the Act may have and exercise.

Appears in 4 contracts

Samples: Operating Agreement (Onepoint Communications Corp /De), Operating Agreement (Onepoint Communications Corp /De), Operating Agreement (Onepoint Communications Corp /De)

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Purposes of the Company. The purpose purposes of the Company shall be are to (ai) operate the Company and utilize its assets, (ii) exercise all other powers necessary to invest in and operate businesses in or reasonably connected with the field of telecommunications and such other fields of Company’s business as which may be approved legally exercised by limited liability companies under the Manager, Act and (biii) to engage in and carry on all activities necessary, customary, convenient, or incident to any other lawful business or activity in connection with the foregoing or otherwise, and (c) to have and exercise all of the powers, rights and privileges which a limited liability company organized pursuant to the Act may have and exerciseforegoing.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Q2Earth Inc.), Limited Liability Company Agreement (Q2Earth Inc.)

Purposes of the Company. The purpose purposes of the Company shall be to: (a) to invest in and operate businesses engage in the field of telecommunications and such other fields of business as may be approved by the Manager, Business; (b) to engage in and carry on any other lawful business or activity activities as the Members shall determine in connection accordance with the foregoing or otherwise, and this Agreement; and (c) do any and all things incident thereto or connected therewith as are necessary or convenient to have and exercise all the conduct, promotion or attainment of the powersBusiness, rights and privileges which a limited liability company organized pursuant to purposes or activities of the Act may have and exerciseCompany.

Appears in 2 contracts

Samples: Acquisition Agreement (Household Direct Com Inc), Acquisition Agreement (Household Direct Com Inc)

Purposes of the Company. The purpose of the Company shall be (a) to invest in and operate businesses in the field of telecommunications and such other fields of business as may be approved by the Manager, (b) to engage in all lawful activities (including, without limitation, entering into, exercising the rights and carry on any other lawful business or activity in connection with enjoying the foregoing or otherwisebenefits of the Company under, and (c) to have and exercise all discharging the obligations of the powersCompany under, rights and privileges which a limited liability company organized pursuant to the Act may have and exercise.all lawful

Appears in 1 contract

Samples: Operating Agreement (Autobytel Com Inc)

Purposes of the Company. The purpose of the Company shall be (a) to invest in and operate businesses in the field of telecommunications and such other fields of business as may be approved by the Manager, (b) to engage in all lawful activities (including, without limitation, entering into, exercising the rights and carry on any other lawful business or activity in connection with enjoying the foregoing or otherwisebenefits of the Company under, and (c) to have and exercise all discharging the obligations of the powersCompany under, rights all lawful contracts, agreements and privileges which a limited liability company organized pursuant documents) that may be necessary, appropriate, advisable or convenient to the Act may have and exerciseCompany.

Appears in 1 contract

Samples: Operating Agreement (Autobytel Inc)

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Purposes of the Company. The purpose purposes of the Company shall be (a) are to invest in and operate businesses conduct any business, enterprise or activity permitted by or under the Act, including, but not limited to, the ownership of certain interests in the field of telecommunications Sponsor (and such other fields of business as may be approved by indirectly, in the Manager, (b) to engage in and carry on any other lawful business or activity in connection with the foregoing or otherwiseSPAC), and (c) all activities related or incidental to have and exercise all any of the powersforegoing, rights and privileges which a limited liability company organized pursuant to but not in contravention of any of the Act may have and exerciseprovisions of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Inpixon)

Purposes of the Company. The purpose of the Company shall be (a) to invest in and operate businesses in the field of telecommunications and such other fields of business as may be approved by the Manager, (b) to engage in all lawful activities (including, without limitation, entering into, exercising the rights and carry on any other lawful business or activity in connection with enjoying the foregoing or otherwisebenefits of the Company under, and (c) to have and exercise all discharging the obligations of the powersCompany under, rights all lawful 12 contracts, agreements and privileges which a limited liability company organized pursuant documents) that may be necessary, appropriate, advisable or convenient to the Act may have and exerciseCompany.

Appears in 1 contract

Samples: Annual Report

Purposes of the Company. The purpose purposes of the Company (the “Company Business”) shall be to (a) acquire, manage, lease, hold for investment, finance, refinance, encumber, and eventually sell and dispose of the Project and (b) engage in such activities as the Managing Member deems necessary or appropriate in connection with or incidental to invest the foregoing. The Company shall not engage in and operate businesses in the field of telecommunications and such any other fields of business as may be or activity unless approved by the Manager, (b) to engage Managing Member and Xxxxx as a Major Decision in and carry on any other lawful business or activity in connection accordance with the foregoing or otherwise, and (c) to have and exercise all of the powers, rights and privileges which a limited liability company organized pursuant to the Act may have and exerciseSection 6.6 below.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (2420 Lakemont Avenue MM, LLC)

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