CUSA Properties Clause Samples

The 'CUSA Properties' clause defines which properties are subject to the terms and conditions of the agreement, specifically identifying them as CUSA Properties. In practice, this clause typically lists or references the real estate assets, buildings, or locations that are governed by the contract, ensuring all parties are clear about the scope of the agreement. By explicitly naming the relevant properties, the clause prevents ambiguity and potential disputes over which assets are included, thereby ensuring clarity and legal certainty for all involved.
CUSA Properties. See Section 2.1.
CUSA Properties. 8 2.2 CPL Properties . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 2.3
CUSA Properties. At the Closing, CUSA shall sell, convey, transfer and assign to Buyer and Buyer shall purchase and receive from CUSA all right, title and interest of CUSA in and to assets associated with Sellers' crude oil and natural gas production associated with the Point ▇▇▇▇▇▇▇▇ Project, as such assets are described as follows (collectively the "CUSA Properties"). Notwithstanding the foregoing, certain CUSA Properties are jointly used in the ownership, use, operation, maintenance, improvement or abandonment of the properties related to the Santa ▇▇▇▇▇▇▇ Channel and Dos ▇▇▇▇▇▇▇ Projects (the "SBC/DC Properties") transferred to Venoco, Inc. ("Venoco") under the Purchase and Sale Agreement among CUSA, CPL, Venoco and Ellwood Pipeline, Inc. dated as of November 4, 1998. Such jointly used properties are designated in the referenced Schedules by a "J," and shall be transferred in accordance with the provisions of Section 5.5 of this Agreement: (a) OIL AND GAS LEASES. All of CUSA's oil and gas leases and lease operating agreements described in Part A of Schedule 2 attached to this Agreement, which includes all of CUSA's interests in the Point ▇▇▇▇▇▇▇▇ Unit, the Rocky Point Unit, the overriding royalty interest in State of California leases, and the Cojo lease defined in Schedule 2 (collectively the "Oil and Gas Leases");
CUSA Properties. At the Closing, CUSA shall sell, convey, transfer and assign to Refinery Buyer and Refinery Buyer shall purchase and receive from CUSA all right, title and interest of CUSA in and to CUSA’s crude oil refinery and light products marketing terminal at El Paso, Texas and the assets associated with the crude oil refinery and light products marketing terminal (the “North Refinery”), being more particularly described as follows (collectively the “CUSA Properties”):

Related to CUSA Properties

  • Real Properties The Company does not have an interest in any real property, except for the Leases (as defined below).

  • Leased Properties Section 3.22 of the Disclosure Schedule sets forth a list of all of the leases and subleases ("Leases") and each leased and subleased parcel of real property in which the Company has a leasehold or subleasehold interest or to which the Company is a party either as landlord or sublandlord (the "Leased Real Property"). Each of the Leases are in full force and effect, and the Company holds a valid and existing leasehold or subleasehold interest or Landlord or Sublandlord interest as applicable, under each of the Leases described in Section 3.22 of the Disclosure Schedule. The Company has delivered to HK true, correct, complete and accurate copies of each of the Leases. With respect to each Lease set forth on Section 3.22 of the Disclosure Schedule: (i) the Lease is legal, valid, binding, enforceable and in full force and effect; (ii) to the Knowledge of the Company the Lease will continue to be legal, valid, binding, enforceable and in full force and effect on identical terms following the Closing; (iii) neither the Company, nor, to the Knowledge of the Company, any other party to the Lease, is in breach or default, and no event has occurred which, with notice or lapse of time, would constitute such a breach or default by the Company or permit termination, modification or acceleration under the Lease by any other party thereto; (iv) the Company has not, and, to the Knowledge of the Company, no third party has repudiated any provision of the Lease; (v) there are no disputes, oral agreements, or forbearance programs in effect as to the Lease; (vi) the Lease has not been modified in any respect, except to the extent that such modifications are disclosed by the documents delivered to HK; (vii) the Company has not assigned, transferred, conveyed, mortgaged, deeded in trust or encumbered any interest in the Lease (except for Permitted Liens); and (viii) the Lease is fully assignable to HK without the necessity of any consent or the Company shall obtain all necessary consents prior to the Closing.

  • B8 Property Where the Client issues Property free of charge to the Contractor such Property shall be and remain the property of the Client and the Contractor irrevocably licences the Client and its agents to enter upon any premises of the Contractor during normal business hours on reasonable notice to recover any such Property. The Contractor shall not in any circumstances have a lien or any other interest on the Property and the Contractor shall at all times possess the Property as fiduciary agent and bailee of the Client. The Contractor shall take all reasonable steps to ensure that the title of the Client to the Property and the exclusion of any such lien or other interest are brought to the notice of all sub-contractors and other appropriate persons and shall, at the Client’s request, store the Property separately and ensure that it is clearly identifiable as belonging to the Client.

  • Owned Properties The "Owned Real Property Schedule" attached hereto sets forth a list of all owned real property (the "Owned Real Property") used by the Company or any of it Subsidiaries in the operation of the Company's or any of it Subsidiaries' business. With respect to each such parcel of Owned Real Property and except for Liens in favor of the Senior Lenders: (i) such parcel is free and clear of all covenants, conditions, restrictions, easements, liens or other encumbrances, except Permitted Encumbrances; (ii) there are no leases, subleases, licenses, concessions, or other agreements, written or oral, granting to any person the right of use or occupance of any portion of such parcel; and (iii) there are no outstanding actions or rights of first refusal to purchase such parcel, or any portion thereof or interest therein.

  • The Properties Attached hereto as Schedule I is the description of certain Land (the "Subject Property"). Effective upon the execution and delivery of this Lease Supplement by Lessor and Lessee, such Land, together with any Building and other improvements thereon or which thereafter may be constructed thereon shall be subject to the terms and provisions of the Lease and Lessor hereby grants, conveys, transfers and assigns to the Related Lessee those interests, rights, titles, estates, powers and privileges provided for in the Lease with respect to the Subject Property.