Common use of Additional Conditions Precedent to All Advances and Letters of Credit Clause in Contracts

Additional Conditions Precedent to All Advances and Letters of Credit. ▇▇▇▇▇ Fargo’s obligation to make any Advance (including the initial Advance) or issue any Letter of Credit shall be subject to the further additional conditions: (a) that the representations and warranties described in Exhibit D are correct on the date of the Advance or the issuance of the Letter of Credit, except to the extent that such representations and warranties relate solely to an earlier date; (b) that no Event of Default exists or would result from the requested Advance or issuance of the Letter of Credit; and (c) if the date of such Advance or issuance of such Letter of Credit is on or after the Lockbox Transfer Date, ▇▇▇▇▇ Fargo shall have received (executed by Company and in form and content acceptable to ▇▇▇▇▇ Fargo), the Master Agreement for Treasury Management Services, the Acceptance of Services, and the related Lockbox and Collection Account Service Description.