Common use of Due Authorization; No Contravention Clause in Contracts

Due Authorization; No Contravention. The execution, delivery and performance by it of this Agreement have been duly authorized by all necessary action, and do not and will not: (a) Breach or violate the terms of its certificate of incorporation (or similar constituent document) or bylaws (or similar constituent document); (b) Breach or violate the terms of any material agreement to which it is party; or (c) Violate any law or regulation applicable to it, including but not limited to the Communications Act and the rules and regulations promulgated from time to time by the Federal Communications Commission (or any successor agency thereto).

Appears in 3 contracts

Samples: Director Designation Agreement (Xm Satellite Radio Holdings Inc), Director Designation Agreement (Xm Satellite Radio Inc), Director Designation Agreement (Xm Satellite Radio Inc)

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Due Authorization; No Contravention. The execution, delivery and performance by it of this Agreement have been duly authorized by all necessary action, and do not and will not: (a) Breach or violate the terms of its certificate of incorporation (or similar constituent document) or bylaws (or similar constituent document); (b) Breach or violate the terms of any material agreement to which it is party; or (c) Violate any law or regulation applicable to it, including but not limited to the Communications Act and the rules and regulations promulgated from time to time by the Federal Communications Commission (or any successor agency thereto)FCC.

Appears in 2 contracts

Samples: Shareholders Agreement (American Mobile Satellite Corp), Shareholders Agreement (American Mobile Satellite Corp)

Due Authorization; No Contravention. The execution, delivery ----------------------------------- and performance by it of this Agreement have been duly authorized by all necessary action, and do not and will not: (a) Breach or violate the terms of its certificate of incorporation (or similar constituent document) or bylaws (or similar constituent document); (b) Breach or violate the terms of any material agreement to which it is party; or (c) Violate any law or regulation applicable to it, including but not limited to the Communications Act and the rules and regulations promulgated from time to time by the Federal Communications Commission (or any successor agency thereto)FCC.

Appears in 1 contract

Samples: Shareholders Agreement (Xm Satellite Radio Holdings Inc)

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Due Authorization; No Contravention. The execution, ----------------------------------- delivery and performance by it of this Agreement have been duly authorized by all necessary action, and do not and will not: (a) Breach or violate the terms of its certificate of incorporation (or similar constituent document) or bylaws (or similar constituent document); (b) Breach or violate the terms of any material agreement to which it is party; or (c) Violate any law or regulation applicable to it, including but not limited to the Communications Act and the rules and regulations promulgated from time to time by the Federal Communications Commission (or any successor agency thereto)FCC.

Appears in 1 contract

Samples: Shareholders Agreement (Xm Satellite Radio Holdings Inc)

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