Common use of Remedies Following Termination Clause in Contracts

Remedies Following Termination. If a Party terminates this Agreement under Section 2.2 above, then such Party may pursue any and all remedies at law or in equity for its Claims resulting from such termination subject to Section 6.3. (a) Notwithstanding anything to the contrary expressed or implied, the deemed consent of Producers described in the following clause (b) shall be limited to the ownership interests of Producers and their Affiliates in the Attached Facilities and such consent shall not apply to or bind the ownership interest of any other Person (or such other Person) in the Attached Facilities. (b) If this Agreement is terminated by Gatherer under Section 2.2 or Gatherer disconnects a Springridge Receipt Point from the Springridge Gathering System in accordance with the terms of this Agreement, Producers’ execution of this Agreement shall be deemed a consent by Producers to the disconnection by Gatherer under Section 3.73 of the Texas Administration Code of the Springridge Gathering System from any facilities in which one or more Producers or their Affiliates holds an ownership interest therein (in the case of the termination of this Agreement) or of any facilities at a Springridge Receipt Point in which one or more Producers or their Affiliates holds an ownership interest therein (in the case of the disconnection of a Springridge Receipt Point), as applicable (the “Attached Facilities”), if and to the extent such rule is ever interpreted to govern transactions of the type evidenced hereby, and to the disconnection of any other Attached Facilities under any corresponding or similar Applicable Law of any state in which the Springridge Gathering System is located.