Other Business Activities of Ute Energy Clause Samples

Other Business Activities of Ute Energy. Each of the Members acknowledges and agrees that (a) each of the other Members currently has certain business interests, and from time to time will engage in additional business activities, in addition to those related to the Company and has certain area of mutual interest contractual commitments with third parties related to the acquisition, construction and/or disposition of natural gas transportation, gathering and processing infrastructure opportunities in the Basin, in each case, which may be competitive with the business of the Company, and (b) neither the Company nor any other Member shall have any rights in such other business interests or activities or in any income or profits therefrom. For the avoidance of doubt, this Section 7.6 shall not supersede or otherwise affect the obligations that may exist of any Member or any of their respective Affiliates to the Company, any Member or any of their respective Affiliate pursuant to any other agreement, including, without limitation, the obligations of Anadarko to the Tribe pursuant to the SUA.