Common use of Due Authorization; No Contravention Clause in Contracts

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

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 of the articles of incorporation or bylaws organization documents of XM Holdings Ventures or the terms other governing documents of XM Ventures, or any contract to which XM Holdings Ventures is a party or by which it is bound; or or (ii) violate Violate any requirement of law or regulation applicable to XM HoldingsVentures.

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

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 of the articles of incorporation or bylaws organization documents of XM Holdings Ventures or the terms other governing documents of XM Ventures, or any contract to which XM Holdings Ventures is a party or by which it is bound; or or (ii) violate Violate any requirement of law or regulation applicable to XM HoldingsVentures.