Common use of Ensure Clause in Contracts

Ensure. subject to the approval of the Master GAL or other guardian (or if applicable the Special Master), that each Structured Settlement is setup in compliance with applicable laws and regulations, including “qualified assignments” that will comply with Section 130(c) of the Internal Revenue Code, and “non-qualified assignments” that will not rely upon nor comply with Internal Revenue Code 130(c) (see P.L.R. 200836019); that all documentation necessary for the proper procurement and funding of each Structured Settlement is completed;