surance covering the Property during the loan period and while in transit, unless the Members otherwise agree. IV. MANAGEMENT OF THE COMPANY 4.1 Management of the Company. The Company shall be managed by the Members, acting unanimously. The Members shall be the sole persons with the power to bind the Company, except

y such Non-Managing Member to be funded by a lender that is an affiliate of the Managing Member pursuant to terms to be negotiated at that time. 6. Management of the Company. a. Authority of the Managing Member. The business and affairs of the Company shall be managed by the Managing Member, who shall have the exclusiv

s receivable see note 6 As of December 31 2014 and 2013, 4 and 5 customers represent 72 and 75 percent of the trade accounts receivable respectvely Management of the Company beans that there a no sgrificant credit risk because customers of the Company are renowned in the local market and are regulated (a 2) Financial i

cost method investment, then the fair value of such cost method investment is not estimated, as it is impracticable to do so. Accounting estimates Management of the Company is required to make certain estimates, judgments and assumptions during the preparation of its combined financial statements in accordance with GAAP

Management of the Company is required to make certain estimates, judgments and assumptions during the preparation of its consolidated financial statements in accordance with

Management of the Company is required to make certain estimates. judgments and assumptions during the preparation of its consolidated financial statements in accordance with

mal course of business, the Company is subject to claims and litigation, including indemnification obligations to purchasers of former subsidiaries. Management of the Company believes that such matters will not have a material adverse effect on the Company's results of operations, liquidity or financial condition. Contin

mal course of business, the Company is subject to claims and litigation, including indemnification obligations to purchasers of former subsidiaries. Management of the Company believes that such matters will not have a material adverse effect on the Company's results of operations. liquidity or financial condition. Contin

ent the descriptions of our accounting policies contained in Note 2 to our combined financial statements in regard to significant areas of judgment. Management of the Company is required to make certain estimates. judgments and assumptions during the preparation of its combined financial statements in accordance with GAAP

ions on which the pro forma financial information is based are further described in the Notes to Summar= Unaudited Pro Forma Financial Information. Management of the Company believ=s that the assumptions used provide a reasonable basis on which to present th= Summary Unaudited Pro Forma Financial Statements. The pro form