Purpose of Company. The purpose of the Company is to engage in any lawful act or activity for which limited liability companies may be formed under the Act and to engage in any and all activities necessary or incidental thereto.
Purpose of Company. The purpose of the Company is to engage in all lawful activities, including, but not limited to the following activities:
Purpose of Company. (a) The nature of the business or purposes to be conducted or promoted by the Company is to engage solely in the following activities:
(i) to acquire from time to time all right, title and interest in and to receivables or leases arising out of or relating to the financing, sale or lease of new or used motor vehicles or industrial equipment, including automobiles, sports utility vehicles, light and heavy duty trucks, motorcycles and recreational vehicles, monies due thereunder, security interests in the motor vehicles or equipment financed thereby, proceeds from claims on insurance policies related thereto, and related rights (collectively, “Receivables”);
(ii) to acquire, own, hold, service, sell, assign, pledge and otherwise deal with the Receivables, collateral securing the Receivables, related insurance policies, agreements with motor vehicle or equipment dealers or lessors or other obligors, originators or servicers of Receivables and any proceeds or further rights associated with any of the foregoing;
(iii) to transfer Receivables and Securities to corporations, trusts (the “Trusts”) or other entities, including without limitation corporations, trusts or other entities formed by BMW FS or Receivables Corp. (each a “Transferee”), pursuant to one or more receivables purchase agreements, pooling and servicing agreements, sale and servicing agreements or other agreements (the “Agreements”) to be entered into by and among, among others, the Company, the Transferee named therein and any entity acting as collection agent or servicer of the Receivables;
(iv) to sell Receivables to, or to finance ownership of Receivables through, one or more Transferees established to fund the transfer of Receivables through the issuance of commercial paper notes (such Transferee’s commercial paper notes issued to fund such Receivables, the “Commercial Paper”) pursuant to one or more Agreements to be entered into by and among, among others, the Company, such Transferee and any entity acting as collection agent or servicer of the Receivables;
(v) to issue, authorize, sell and deliver, or cause the issuance, authorization, sale and delivery of, one or more series and classes of bonds, notes or other evidence of indebtedness secured or collateralized by one or more pools of Receivables or by certificates of any class or other interests issued by one or more Trusts or other Transferees owning, directly or indirectly, Receivables, including without limitation special units of bene...
Purpose of Company. The purpose of the Company is to directly or indirectly carry on the business of acquiring, owning, operating, managing, improving, repairing, renting, mortgaging, refinancing, selling, conveying and otherwise dealing with the Property and all activities reasonably related thereto. In furtherance of such purpose, the Company shall have all such powers as may be exercised by a limited liability company under the laws of the State of Delaware. Except as permitted by this Section 2.3, the Company shall not engage in any other business. In furtherance of the foregoing purposes, but expressly subject to the other provisions of this Agreement, the Company is empowered to enter into contracts containing agreements to arbitrate disputes to the extent such contracts are approved by Member Consent. The Company is authorized to take any legal measures which will assist it in accomplishing its purpose or benefit the Company.
Purpose of Company. The Company may engage in any lawful activity for which a limited liability company may be organized under the Act.
Purpose of Company. The purpose of the Company shall be to own, operate, hold, lease, manage, finance, acquire, sell, substitute and dispose of, or otherwise deal with or provide services with respect to, the Facilities. The Members acknowledge and agree that the goal of the Company is to maximize the Members' return on their investment. Except as otherwise provided herein, the Company shall not engage in any other activities and businesses unless Approved by all Members.
Purpose of Company. The Fund is authorized and empowered to elect to operate and to operate, as a business development company under Section 55, et. al. of the Investment Company Act of 1940, as amended. The Fund's principal investment objective is to seek long term capital appreciation by investing primarily in equity securities of private U.S. companies seeking capital for start-up operations, business expansion, product development and/or strategic acquisition opportunities. The Fund may invest in companies of any size, but generally expects to invest in small to medium-sized companies with annual revenues or projected annual revenues in the $2 million to $100 million range. In addition, the Fund may acquire the assets of companies, invest in commercial real estate and invest in the equity, debt or assets of companies of any size which are facing financial difficulties, reorganizing or seeking capital for debt or equity restructuring. Generating current income for distribution to Members will not be a factor in the selection of investments by the Fund.
Purpose of Company. 6 2.4 Principal and Registered Office...............................................................6 2.5
Purpose of Company. 8 2.5 Intent........................................................................................8 2.6 Members.......................................................................................8 2.7
Purpose of Company. Company makes the Site and Site Services available to enable Freelance Paralegals, Freelance Attorneys and Hiring Attorneys to find and transact directly with each other. Through the Site and Site Services, Freelance Paralegals and/or Freelance Attorneys may be notified of Hiring Attorneys that may be seeking the services they offer, and Hiring Attorneys may be notified of Freelance Paralegals and/or Freelance Attorneys that may offer the services they seek. At all times, however, Users are responsible for evaluating and determining the suitability of any Proposed Project, Hiring Attorney, Freelance Paralegal or Freelance Attorney on their own. If Users decide to enter into a Service Contract, the Service Contract is directly between the Users and Company is not a party to that Service Contract.
6.1. You acknowledge, agree, and understand that Company is not a party to any independently formed relationship or any dealings between Hiring Attorney and Freelance Attorney, or between Hiring Attorney and Freelance Paralegal, except that Company shall not be excluded from receiving any benefit rightly owed it as authorized by this Agreement. Without limitation, Users are solely responsible for (a) ensuring the accuracy and legality of any User Content, (b) determining the suitability and verifying information of other Users for a Service Contract (such as any interviews, vetting, background checks, or similar actions), (c) negotiating, agreeing to, and executing any terms or conditions of Service Contracts, (d) performing Freelance Paralegals Services, or (e) performing Freelance Attorney Services. Company makes reasonable efforts to evaluate and verify User Content, however, Company does not make any representations about or guarantee the truth or accuracy of any Hiring Attorney’s listings, Proposed Projects or Assigned Projects, Freelance Paralegals’ or Freelance Attorneys’ qualifications, or any other User Content on the Site; does not verify any feedback or information provided by Users about Freelance Paralegals, Freelance Attorneys or Hiring Attorneys; and does not make any representations and/or guarantees about the truth or accuracy of any background check(s) that may be performed on any Freelance Paralegal(s) and/or Freelance Attorney(s). You acknowledge, agree, and understand that Company does not, in any way, supervise, direct, control, or evaluate Freelance Attorneys or Freelance Paralegals or their work and is not responsible for any Proposed or Ass...
