Common use of Purpose of the LLC Clause in Contracts

Purpose of the LLC. Except as may be restricted by this Agreement, the LLC may carry on any lawful business, purpose or activity permitted by the LLCA.

Appears in 3 contracts

Sources: Limited Liability Company Agreement (Homefed Corp), Limited Liability Company Agreement (Homefed Corp), Limited Liability Company Agreement (Homefed Corp)

Purpose of the LLC. Except as may be restricted by this Agreement, the The LLC may carry on any lawful business, purpose or activity permitted by the LLCAAct.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Sagebrush Gold Ltd.)