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Terms Used In 5 Guam Code Ann. § 221302

  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
Guam Economic Development Authority shall solicit through the request for proposal process for qualified and licensed investment banking firms for investment services for the purpose of selling or securitizing the Guam Allocation made under the Master Settlement Agreement entered into between the government of Guam and leading tobacco manufacturers. The method of financing shall be non-recourse to, and require no credit support by, the government of Guam. The terms of the sale and securitization shall be submitted to I Liheslaturan Guåhan for approval.