Common use of Objects and Purposes Clause in Contracts

Objects and Purposes. The Partnership is formed for and will have the power to accomplish the following objects and purposes: (a) Specifically, to own, manage and control various oil and gas properties. These oil and gas producing properties are more particularly described on Schedule B. (b) In general, to do and perform everything necessary, advisable, suitable or proper for the conduct of the Partnership’s business and for carrying out the purposes and objects enumerated above.

Appears in 1 contract

Sources: Limited Partnership Agreement (Royale Energy Holdings, Inc.)

Objects and Purposes. The Partnership is formed for and will have the power to accomplish the following objects and purposes: (a) Specifically, to own, manage and control various oil and gas properties. These oil and gas producing properties are more particularly described on Schedule B. (b) In general, to do and perform everything necessary, advisable, suitable or proper for the conduct of the Partnership’s 's business and for carrying out the purposes and objects enumerated above.

Appears in 1 contract

Sources: Limited Partnership Agreement (Royale Energy Holdings, Inc.)