Common use of Representations and Warranties of the Department Clause in Contracts

Representations and Warranties of the Department. The Department represents and warrants that: (a) The Department is a body corporate and a political subdivision of the State of New Mexico. The Department has the power to enter into and perform its obligations under this Guarantee Agreement; (b) Except as disclosed in writing to the Lender or provided by law, no consent or approval is necessary from any other governmental department as a condition to the execution and delivery of this Guarantee Agreement by the Department or the performance of any of its obligations under this Guarantee Agreement;

Representations and Warranties of the Department. The Department represents and warrants that: (a) The Department is a body corporate and a political subdivision of the State of New Mexico. The Department has the power to enter into and perform its obligations under this Guarantee Guaranty Agreement; (b) Except as disclosed in writing to the Lender or provided by law, no consent or approval is necessary from any other governmental department as a condition to the execution and delivery of this Guarantee Guaranty Agreement by the Department or the performance of any of its obligations under this Guarantee Guaranty Agreement;