Common use of Due Authorization; No Contravention Clause in Contracts

Due Authorization; No Contravention. The execution, delivery and performance of this Agreement by XM Ventures have been duly authorized by all necessary action, and do not and will not: (i) Breach or violate the terms of any provision of the organization documents of XM Ventures or other governing documents of XM Ventures, or any contract to which XM Ventures is a party or by which it is bound; or (ii) Violate any requirement of law applicable to XM Ventures.

Due Authorization; No Contravention. The execution, delivery and performance by XM Holdings of this Agreement by XM Ventures have been duly authorized by all necessary corporate action, and do not and will not: not (i) Breach breach or violate the terms of any provision the articles of the organization documents incorporation or bylaws of XM Ventures Holdings or other governing documents the terms of XM Ventures, or any contract to which XM Ventures Holdings is a party or by which it is bound; or or (ii) Violate violate any requirement of law or regulation applicable to XM VenturesHoldings.

Due Authorization; No Contravention. The execution, delivery and ----------------------------------- performance of this Agreement by XM Ventures have been duly authorized by all necessary action, and do not and will not: (i) Breach or violate the terms of any provision of the organization documents of XM Ventures or other governing documents of XM Ventures, or any contract to which XM Ventures is a party or by which it is bound; or (ii) Violate any requirement of law applicable to XM Ventures.

Due Authorization; No Contravention. The execution, delivery and ----------------------------------- performance by XM Holdings of this Agreement by XM Ventures have been duly authorized by all necessary corporate action, and do not and will not: not (i) Breach breach or violate the terms of any provision the articles of the organization documents incorporation or bylaws of XM Ventures Holdings or other governing documents the terms of XM Ventures, or any contract to which XM Ventures Holdings is a party or by which it is bound; or or (ii) Violate violate any requirement of law or regulation applicable to XM VenturesHoldings.