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t) To enter into, make, perform and carry out contracts of
e~ery kind for any lawful purpose; to enter into any arrangements
wirn a~iy y~~c~ or authorities, municipal, 1ocal or
otherwise and to obtain frorn any such government or~ authority,
any rights, privileges and concessions which the corporation may
consider desirabl~ to obtain, and ~:d carry ou~, exercise, and
comply with any such arrangements, rights, priuileges and
concessians.
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~ u) To sell, lease or otherWise d~spose of the whole or any
part of the assets, rights, property or undertakings of the
corporation for cash, shares, debentures, bonds, mortgages or
other securities of any other company, or for such considera~cion
as the Board of DYrectors may think fit; to improve, manage,
de~elop, exchange, mortgage, turn to account or okherwise deal
with, all or any part of the assets, righi~s and property of the
corporation.
To Iend or ad~ance money or gi~e credit to, ar gi~e
guarantee or become security for, stockholders, officers or
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directors of the corporation, to any person, firm or corporation
in which the corporation has any direct or indirect bene~ecial
~ interest where~er located, customers or others having dealings
~ with the corporation, on such terms as the Board af Directors may
' d~em expedient.
~ w) To have one or more offices and ta carry on and conduct
any or all of its operations and business and to ~o a11 such
things as are conducive or incidental to the attainment of its
4 corporate purposes in the Republic of Panama and in any and all
calonies, dependencies, dominions, possessiortG, states,
territories and countries foreiyn thereto; and to keep the books
and accounts af the corporation, including the Stock Register, at
gooK57~ ~A~E 9~.4
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