Common use of Term and Purpose Clause in Contracts

Term and Purpose. The principal business activity and purposes of the Company shall be the ownership and operation of ▇▇▇▇▇™ bread cafes and the marketing, licensing and sale of products and services using the ▇▇▇▇▇™ trade name, or any successor trade name. An additional business and purpose of the Company, which may not be operated for profit purposes, is the promotion of social and environmental change by supporting positive business practices, as determined by the Manager, including reducing inequality, lowering poverty levels, creating more sustainability for our environment, and building stronger communities. The business and purposes of the Company shall be limited to the foregoing principal business activities and any incidental business necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company. The term of the Company’s existence (the “Term”) commenced on the filing of the Articles and will continue until terminated in accordance with the provisions of this Agreement.

Term and Purpose. The principal business activity and purposes of the Company shall be the ownership and operation of ▇▇▇▇▇IZOLA™ bread cafes and the marketing, licensing and sale of products and services using the ▇▇▇▇▇IZOLA™ trade name, or any successor trade name. An additional business and purpose of the Company, which may not be operated for profit purposes, is the promotion of social and environmental change by supporting positive business practices, as determined by the Manager, including reducing inequality, lowering poverty levels, creating more sustainability for our environment, and building stronger communities. The business and purposes of the Company shall be limited to the foregoing principal business activities and any incidental business necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company. The term of the Company’s existence (the “Term”) commenced on the filing of the Articles and will continue until terminated in accordance with the provisions of this Agreement.