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DOCUMENT TITLE:  CRUDE OIL SALES AGREEMENT .
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Clause Heading
Article 2 - Purchase and Sale
3.1 - Contract Quantity.
3.2 - Mesa Crude Quantity.
Article 4 - Destination
5.1 - Price.
5.2 - Adjustment of Price Mechanism.
Article 6 - Underlifting
7.1 - Currency, Time and Place of Payment; Overdue Payments.
7.2 - Payment Expenses.
7.3 - Security for Payment.
7.4 - Suspension of Deliveries.
8.1 - Initial Term.
8.2 - Renewal.
8.3 - Transition Period.
9.1 - Lifting Program.
9.2 - Substitution of Tankers.
9.3 - Advice of ETA.
9.4 - Notice of Readiness.
9.5 - Vessel Requirements; Security Regulations.
10.1 - Berthing of Tankers; Commencement of Laytime
10.2 - Shifting Loading Point of Tankers.
10.3 - Allowed Laytime.
10.4 - Adjustments to Laytime.
10.5 - Demurrage.
10.6 - Buyers Liability for Delay and Damage.
11.1 - Determination of Quantity.
11.2 - Volume Corrections for Temperature.
11.3 - Conclusiveness of Measurements.
12.1 - Determination of Quality.
12.2 - Analysis of Samples.
12.3 - No Warranties.
13.1 - Passing of Title.
13.2 - Port and Loading Expenses.
13.3 - Loading Port Regulations.
13.4 - Buyers Knowledge of Loading Port Facilities; Standard Procedures.
Article 14 - No Set-Off
Article 15 - Notice of Claims
16.1 - Termination Events.
16.2 - Termination Not to Relieve Buyer of Obligations.
16.3 - Acceleration.
16.4 - Termination for an Insolvency Event.
16.5 - Termination Payment.
16.6 - Other Rights and Remedies.
Article 17 - Confidentiality
Article 18 - No Third-Party Beneficiaries; Assignment
19.1 - Relief from Liability.
19.2 - Notice.
19.3 - Payment for Oil Sold and Delivered.
19.4 - Obligation to Apportion.
19.5 - No Extension of Contract; Right to Terminate.
20.1 - Settlement by Arbitration.
20.2 - Multiple Parties; Merger of Arbitrations.
20.3 - Governing Law.
20.4 - Buyers Waiver.
21.1 - Buyer Representations.
21.2 - Seller Representations.
Article 22 - Satisfactory Documentation
Article 23 - Limitation of Liability
Article 24 - Merger
Article 25 - No Waiver; Cumulative Remedies
Article 26 - Severability of Provisions
Article 27 - Notices
Article 28 - Amendments and Waivers