Common use of Purposes Clause in Contracts

Purposes. The purpose of the Corporation is to engage in any lawful act or activity for which corporations may be organized under the General Corporation Law.

Appears in 16 contracts

Sources: Transaction Agreement (Endeavor Group Holdings, Inc.), Business Combination Agreement (Spree Acquisition Corp. 1 LTD), Business Combination Agreement (ArcLight Clean Transition Corp. II)

Purposes. The purpose of the Corporation is to engage in any lawful act or activity for which corporations may be organized under the General Corporation LawDGCL.

Appears in 14 contracts

Sources: Merger Agreement (Rocket Companies, Inc.), Merger Agreement (Redfin Corp), Merger Agreement (Panbela Therapeutics, Inc.)

Purposes. The purpose of the Corporation is to engage in any lawful act or activity for which corporations may be organized under the General Corporation LawLaw of the State of Delaware (the “DGCL”).

Appears in 14 contracts

Sources: Merger Agreement (Bonanza Creek Energy, Inc.), Merger Agreement (Bonanza Creek Energy, Inc.), Transaction Support Agreement (Bonanza Creek Energy, Inc.)

Purposes. The purpose of the Corporation corporation is to engage in any lawful act or activity for which corporations may be organized under the General Corporation Law.

Appears in 3 contracts

Sources: Merger Agreement (Ballard Power Systems Inc.), Merger Agreement (Mgi Pharma Inc), Merger Agreement (Guilford Pharmaceuticals Inc)

Purposes. The purpose of the Corporation is to engage in any lawful act or activity for which corporations may be organized under the Delaware General Corporation LawLaw (the “DGCL”).

Appears in 3 contracts

Sources: Merger Agreement (Pacific Capital Bancorp /Ca/), Merger Agreement (Unionbancal Corp), Merger Agreement

Purposes. The purpose of the Corporation is to engage in any lawful act or activity for which corporations may be organized under the General New Jersey Business Corporation LawAct.

Appears in 2 contracts

Sources: Merger Agreement (Chubb Corp), Merger Agreement

Purposes. The purpose of the Corporation is to engage in any lawful act or activity for which corporations may be organized under the General New York Business Corporation Law.

Appears in 1 contract

Sources: Merger Agreement (Dime Community Bancshares Inc)

Purposes. The purpose ▇▇▇ ▇▇▇▇▇▇▇ of the Corporation is to engage in any lawful act or activity for which corporations may be organized under the General Corporation Law.

Appears in 1 contract

Sources: Merger Agreement (Whitehall Street Real Estate Limited Partnership V)

Purposes. The purpose of the Corporation is to engage in any lawful act or activity for which corporations may be organized under the General Business Corporation LawLaw and in accordance with the laws of the State of New York. The Corporation is not formed to engage in any act or activity requiring the consent or approval of any state official, department, board, agency or other body without such consent or approval first being obtained.

Appears in 1 contract

Sources: Merger Agreement (Klever Marketing Inc)

Purposes. The purpose of the Corporation is to engage in any lawful act or activity for which corporations may be organized under the General Corporation Law of the State of Delaware (as from time to time in effect, the “General Corporation Law”).

Appears in 1 contract

Sources: Merger Agreement (Weber Inc.)

Purposes. The purpose of the Corporation is to engage in any lawful act or activity for which corporations may be organized under the General Corporation LawRevised Statutes.

Appears in 1 contract

Sources: Merger Agreement (Unique Logistics International, Inc.)