Common use of Property Contributions Clause in Contracts

Property Contributions. (a) Pursuant to their Contribution Agreement, on the date hereof, Occidental LP1, Occidental LP2 and Occidental GP have contributed or caused to be contributed to the Partnership, the Initial Assets contemplated thereby subject to the Assumed Liabilities contemplated thereby (which involves, in the case of Occidental LP2, the merger of Oxy Petrochemicals and the Partnership, with the Partnership as the surviving entity).

Appears in 5 contracts

Samples: Lease Agreement (Lyondell Chemical Co), Lease Agreement (Equistar Funding Corp), Lease Agreement (Equistar Chemicals Lp)

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