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<br /> hereto that there is not included in this Agreement and there is <br /> not to be conveyed to CITY the following: <br /> (a) Franchises of LCRA other than as expressly <br /> conveyed, transferred or assigned to CITY in accordance with the <br /> terms of this Agreement. <br /> (b) All 138 kV transmission lines now or hereafter <br /> belonging to the LCRA and located within the area covered by <br /> Exhibit 1, including, without limitation, the towers, poles, guys, <br /> crossarms, hardware, wires, insulators and appurtenances forming a <br /> part thereof and used and necessary in connection with such <br /> transmission lines, together with all rights of way and easements <br /> for or relating to the construction, maintenance or operation <br /> thereof. <br /> (c) All 138/12.5 kV Distribution Substations and <br /> 138 kV Transmission Switchyards located within the area covered by <br /> Exhibit 1 attached to this Agreement, including without limitation <br /> all buildings, certain structures, transformers, certain oil <br /> circuit breakers, switch control equipment, metering equipment and <br /> appurtenances forming a part thereof and used and necessary in <br /> connection with such substations and each of them, together with <br /> the land or leaseholds owned or held in connection therewith. <br /> ARTICLE IV <br /> TITLE <br /> 4.01 Any real property to be conveyed to CITY by virtue of <br /> this Agreement shall be conveyed by LCRA by general warranty <br /> 7. <br />