The purposes of the Company shall be to own, operate and manage the Plant Assets and the Grain Facilities and (b) engage in any other lawful act or activity for which limited liability companies may be organized under the Act. The Company shall possess and may exercise all such powers and privileges granted by the Act, by any other Law or by this Agreement, and any powers incidental thereto as are necessary or convenient to the conduct, promotion or attainment of the foregoing purposes of the Company.