Common use of Validity of Agreements Clause in Contracts

Validity of Agreements. The execution and delivery of this Agreement by Banco Central and all other documents to be executed and delivered by Banco Central hereunder and thereunder and the performance of its obligations hereunder and thereunder have been duly authorized by Banco Central, and this Agreement and the Indenture constitute valid and binding obligations of Banco Central in its capacity as financial agent of the Republic enforceable against Banco Central in accordance with their respective terms.

Validity of Agreements. The execution and delivery of this Agreement by Banco Central and all other documents to be executed and delivered by Banco Central hereunder and thereunder and the performance of its obligations hereunder and thereunder have been duly authorized by Banco Central, and this Agreement and the Indenture constitute valid and binding obligations of Banco Central in its capacity as financial agent of for the Republic enforceable against Banco Central in accordance with their respective terms.