Common use of CONSTITUTION OF THE TRUST Clause in Contracts

CONSTITUTION OF THE TRUST. Settlor, the Trustee, CAB and Representative hereby enter into an irrevocable trust agreement under the provisions of Law 1 of January 5, 1984 of the Republic of Panama, which regulates trust agreements in the Republic of Panama.

CONSTITUTION OF THE TRUST. Settlor, the Trustee, CAB Trustee and Representative hereby enter into an irrevocable trust agreement under the provisions of Law 1 of January 5, 1984 of the Republic of Panama, which regulates trust agreements in the Republic of Panama.

CONSTITUTION OF THE TRUST. Settlor, the Trustee, CAB Trustee and Representative hereby enter into an irrevocable trust agreement under the provisions of Law 1 of January 5, 1984 of the Republic of Panama, which regulates trust agreements in the Republic of Panama, in order to guarantee payment to the Settlor for any Loss (as defined below).

CONSTITUTION OF THE TRUST. Settlor, the Trustee, CAB and Representative hereby enter into an irrevocable trust agreement under the provisions of Law 1 of January 5, 1984 of the Republic of Panama, which regulates trust agreements in the Republic of Panama, in order to guarantee payment to the Settlor for any General Loss (as defined below) or any Lawsuit Loss (as defined below).