Legal Status and Capacity

1. CABRI shall possess international legal personality.
   
   
2. CABRI shall have the legal capacity to:
   
   (i)institute judicial and other legal or administrative proceedings and be party thereto;
   
   (ii) acquire and dispose of any property;
   
   (iii) enter into contracts and conclude agreements;
   
   (iv) open and maintain accounts in any bank or other financial institution;
   
   (v) take such steps as may be necessary to protect its interests; and
   
   (vi) undertake such acts as are necessary for or incidental to the attainment of its objectives, the exercise of its powers, performance of its functions or the conduct of its business, as are provided for by this Agreement.