Common use of Purposes; Powers Clause in Contracts

Purposes; Powers. The purpose of the Company shall be to transact any or all lawful business for which limited liability companies may be formed under the Act. The Company shall have the power to do everything necessary, advisable, proper or convenient for the accomplishment of its purpose, subject to the provisions of this Agreement and applicable law.

Appears in 15 contracts

Samples: Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC), Limited Liability Company Agreement (Us Oncology Corporate Inc), Limited Liability Company Agreement (St. Louis Pharmaceutical Services, LLC)

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Purposes; Powers. The purpose of the Company shall be to transact carry on any lawful business, purpose or all lawful business activity, whether or not for which limited liability companies may be formed under profit, to the fullest extent provided in the Act. The Company shall have possess and may exercise all the power to do everything necessarypowers and privileges granted by the Act or by any other law or by this Agreement, advisabletogether with any powers incidental thereto, proper so far as such powers and privileges are necessary or convenient for the accomplishment of its purpose, subject to the provisions conduct, promotion or attainment of this Agreement and applicable lawthe businesses, purposes or activities of the Company.

Appears in 5 contracts

Samples: Operating Agreement (HTS-Sunset Harbor Partner, L.L.C.), Operating Agreement (HTS-Sunset Harbor Partner, L.L.C.), Operating Agreement (HTS-Sunset Harbor Partner, L.L.C.)

Purposes; Powers. The purpose purposes of the Company shall be are to transact carry on any lawful business, purpose or all lawful business activity for which limited liability companies may be formed under the Act. The Company shall have all of the power powers to do everything necessary, advisable, proper or convenient for conduct such business as permitted under the accomplishment of its purpose, subject to the provisions of this Agreement and applicable lawAct.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Memorial Production Partners LP)

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Purposes; Powers. The purpose of the Company shall be to transact ---------------- any or all lawful business for which limited liability companies may be formed under the Act. The Company shall have the power to do everything necessary, advisable, proper or convenient for the accomplishment of its purpose, subject to the provisions of this Agreement and applicable law.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Aor Holding Co of Indiana Inc)

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