Article IV: Juridical Personality (a) INTELSAT shall possess juridical personality. It shall enjoy the full capacity necessary for the exercise of its functions and the achievement of its purposes, including the capacity to: (i) conclude agreements with States or international organizations; (ii) contract; (iii) acquire and dispose of property; and (iv) be a party to legal proceedings. (b) Each Party shall take such action as is necessary within its jurisdiction for the purpose of making effective in terms of its own law the provisions of this Article.