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”):