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    The Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, was signed into law by President Trump on March 27, 2020. In this Legal Update, we make a few initial observations regarding eligibility, terms, requirements and conditions for the programs and facilities contemplated by Section 4003 of the CARES Act, followed by a detailed summary of Sections 4003 and 4004 of the CARES Act.