Common use of Validity of Agreements Clause in Contracts

Validity of Agreements. The Indenture constitutes valid and binding obligations of Banco Central in its capacity as financial agent of the Republic enforceable against Banco Central in accordance with its respective terms.

Validity of Agreements. The 2003 Indenture constitutes valid and binding obligations of Banco Central in its capacity as financial agent of the Republic enforceable against Banco Central in accordance with its respective terms.