Common use of Compliance with Obligations and Laws Clause in Contracts

Compliance with Obligations and Laws. Guarantor shall at all times (i) comply with all contractual obligations, (ii) comply in all respects with all laws, ordinances, rules, regulations and orders (including, without limitation, Environmental Laws) of any Governmental Authority or any other federal, state, municipal or other public authority having jurisdiction over Guarantor or any of its assets, (iii) maintain and preserve its legal existence, and (iv) preserve all of its rights, privileges, licenses and franchises necessary for the operation of its business, except with respect to clauses (i), (ii) and (iv) above, to the extent that failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.