Common use of Knowledge of Company Clause in Contracts

Knowledge of Company. Prior to the consummation of the transactions contemplated herein, Buyer is (a) the owner of 50% of the Company’s Membership Interests, and (b) has designated two members of the four member Board of Managers of the Company. As a result of such ownership and management roles in the Company, Buyer is intimately involved and knowledgeable in, the business operations, prospects, and financial affairs of the Company. Balance Sheet and the list of Material Contracts attached hereto as Exhibit D were approved by the Buyer prior to the Closing Date. To the Buyer´s Knowledge, to the date of the Balance Sheet, there are no other undisclosed monetary commitments, except those which are contained in the Balance Sheet, and no other Material Contracts, except those which are contained in Exhibit D.