Section 365(n). All licenses granted under this Agreement are deemed to be, for purposes of Section 365(n) of the U.S. Bankruptcy Code, licenses of right to “intellectual property” as defined in Section 101 of such Code. The Parties agree that a Party granted a license pursuant to this Agreement (a “Licensee”) may fully exercise all of its rights and elections under the U.S. Bankruptcy Code and any foreign equivalent thereto in any country having jurisdiction over a Party or its assets. The Parties further agree that, in the event a Licensee elects to retain its rights as a licensee under such Code, such Licensee shall be entitled to complete access to any technology licensed to it hereunder and all embodiments of such technology. Such embodiments of the technology shall be delivered to such Licensee not later than: (a) the commencement of bankruptcy proceedings against the other Party, upon written request, unless the other Party elects to perform its obligations under this Agreement, or (b) if not otherwise delivered under this Section 3.3, upon the rejection of this Agreement by or on behalf of the other Party, upon Licensee’s written request.
Appears in 2 contracts
Sources: Technology License Agreement (Viamet Pharmaceuticals Holdings LLC), Technology License Agreement (Viamet Pharmaceuticals Holdings LLC)
Section 365(n). All licenses granted under this Agreement are deemed to be, for purposes of Section 365(n) of the U.S. Bankruptcy Code, licenses of right to “intellectual property” as defined in Section 101 of such Code. The Parties agree that a Party granted a license pursuant to this Agreement (a “Licensee”) Each Party, as licensee, may fully exercise all of its rights and elections under the U.S. Bankruptcy Code and any foreign equivalent thereto in any country having jurisdiction over a Party or its assets. The Parties further agree that, in the event if a Licensee Party elects to retain its rights as a licensee under such Code, such Licensee Party shall be entitled to complete access to any technology licensed to it hereunder and all embodiments of such technology. Such embodiments of the technology shall be delivered to such Licensee the licensee Party not later than:
(a) 12.5.1 the commencement of bankruptcy proceedings against the other Partylicensor, upon written request, unless the other Party licensor elects to perform its obligations under this the Agreement, or
(b) 12.5.2 if not otherwise delivered under this Section 3.312.5.1, upon the rejection of this Agreement by or on behalf of the other Partylicensor, upon Licensee’s written request. Any agreements supplemental hereto will be deemed to be “agreements supplementary to” this Agreement for purposes of Section 365(n) of the Bankruptcy Code.
Appears in 2 contracts
Sources: License Agreement (Inhibrx, Inc.), License Agreement (Inhibrx, Inc.)
Section 365(n). All licenses granted under this Agreement are deemed to be, for purposes of Section 365(n) of the U.S. Bankruptcy Code, licenses of right to “intellectual property” as defined in Section 101 of such Code. The Parties agree that a Party granted a license pursuant to this Agreement (a “Licensee”) each Party, as licensee, may fully exercise all of its rights and elections under the U.S. Bankruptcy Code and any foreign equivalent thereto in any country having jurisdiction over a Party or its assets. The Parties further agree that, in the event that a Licensee Party elects to retain its rights as a licensee under such Code, such Licensee shall Party will be entitled to complete access to any technology licensed to it hereunder and all embodiments of such technology. Such embodiments of the technology shall will be delivered to such Licensee the licensee Party not later than:
(a) the commencement of bankruptcy proceedings against the other Partylicensor, upon written request, unless the other Party licensor elects to perform its obligations under this the Agreement, ; or
(b) if not otherwise delivered under this Section 3.311.11(a) (Section 365(n)) above, upon the rejection of this Agreement by or on behalf of the other Partylicensor, upon Licensee’s written request. Any agreements supplemental hereto will be deemed to be “agreements supplementary to” this Agreement for purposes of Section 365(n) of the Bankruptcy Code.
Appears in 1 contract
Sources: Collaboration Agreement (TradeUP Acquisition Corp.)
Section 365(n). (a) All licenses granted under this Agreement are deemed to be, for purposes of Section 365(n) of the U.S. Bankruptcy Code, licenses of right to “intellectual property” as defined in Section 101 of such Code. The Parties agree that a Party granted a license pursuant to this Agreement (a “Licensee”) Each Party, as licensee, may fully exercise all of its rights and elections under the U.S. Bankruptcy Code and any foreign equivalent thereto in any country having jurisdiction over a Party or its assets. The Parties further agree that, in the event if a Licensee Party elects to retain its rights as a licensee under such Code, such Licensee Party shall be entitled to complete access to any technology licensed to it hereunder and all embodiments of such technology. Such embodiments of the technology shall be delivered to such Licensee the licensee Party not later than:
(ai) the commencement of bankruptcy proceedings against the other Partylicensor, upon written request, unless the other Party licensor elects to perform its obligations under this the Agreement, or
(bii) if not otherwise delivered under this Section 3.315.10(a)(i), upon the rejection of this Agreement by or on behalf of the other Partylicensor, upon Licensee’s written request.
(b) Any agreements supplemental hereto will be deemed to be “agreements supplementary to” this Agreement for purposes of Section 365(n) of the Bankruptcy Code.
Appears in 1 contract
Section 365(n). (a) All licenses granted under this Agreement are deemed to be, for purposes of Section 365(n) of the U.S. Bankruptcy Code, licenses of right to “intellectual property” as defined in Section 101 of such Code. The Parties agree that a Party granted a license pursuant to this Agreement (a “Licensee”) Each Party, as licensee, may fully exercise all of its rights and elections under the U.S. Bankruptcy Code and any foreign equivalent thereto in any country having jurisdiction over a Party or its assets. The Parties further agree that, in the event if a Licensee Party elects to retain its rights as a licensee under such Code, such Licensee Party shall be entitled to complete access to any technology licensed to it hereunder and all embodiments of such technology. Such embodiments of the technology shall be delivered to such Licensee the licensee Party not later than:
(ai) the commencement of bankruptcy proceedings against the other Partylicensor, upon written request, unless the other Party licensor elects to perform its obligations under this the Agreement, or
(bii) if not otherwise delivered under this Section 3.315.10(a)(i), upon the rejection of this Agreement by or on behalf of the other Partylicensor, upon Licensee’s written request.
(b) Any agreements supplemental hereto will be deemed to be “agreements supplementary to” this Agreement for purposes of Section 365(n) of the Bankruptcy Code. [Signature page follows.]
Appears in 1 contract
Section 365(n). All licenses granted under this Agreement are deemed to be, for purposes of Section 365(n) of the U.S. Bankruptcy Code, licenses of right to “intellectual property” as defined in Section 101 of such Code. The Parties agree that a Party granted a license pursuant to this Agreement (a “Licensee”) each Party, as licensee, may fully exercise all of its rights and elections under the U.S. Bankruptcy Code and any foreign equivalent thereto in any country having jurisdiction over a Party or its assets. The Parties further agree that, in the event that a Licensee Party elects to retain its rights as a licensee under such Code, such Licensee shall Party will be entitled to complete access to any technology licensed to it hereunder and all embodiments of such technology. Such embodiments of the technology shall will be delivered to such Licensee the licensee Party not later than:
(a) the commencement of bankruptcy proceedings against the other Partylicensor, upon written request, unless the other Party licensor elects to perform its obligations under this the Agreement, ; or
(b) if not otherwise delivered under this Section 3.315.13(a) (Section 365(n)) above, upon the rejection of this Agreement by or on behalf of the other Partylicensor, upon Licensee’s written request. Any agreements supplemental hereto will be deemed to be “agreements supplementary to” this Agreement for purposes of Section 365(n) of the Bankruptcy Code.
Appears in 1 contract
Sources: Development and Manufacturing Collaboration Agreement (Vir Biotechnology, Inc.)
Section 365(n). 13.11.1. All licenses granted under this Agreement are deemed to be, for purposes of Section 365(n) of the U.S. Bankruptcy Code, licenses of right to “intellectual property” as defined in Section 101 of such Code. The Parties agree that a Party granted a license pursuant to this Agreement (a “Licensee”) Each Party, as licensee, may fully exercise all of its rights and elections under the U.S. Bankruptcy Code and any foreign equivalent thereto in any country having jurisdiction over a Party or its assets. The Parties further agree that, in the event if a Licensee Party elects to retain its rights as a licensee under such Code, such Licensee Party shall be entitled to complete access to any technology licensed to it hereunder and all embodiments of such technology. Such embodiments of the technology shall be delivered to such Licensee the licensee Party not later than:
(ai) the commencement of bankruptcy proceedings against the other Partylicensor, upon written request, unless the other Party licensor elects to perform its obligations under this the Agreement, or
(bii) if not otherwise delivered under this Section 3.313.11.1(i), upon the rejection of this Agreement by or on behalf of the other Partylicensor, upon Licensee’s written request.
13.11.2. Any agreements supplemental hereto will be deemed to be “agreements supplementary to” this Agreement for purposes of Section 365(n) of the Bankruptcy Code. [Signature page follows.]
Appears in 1 contract
Section 365(n). All licenses granted under this Agreement are deemed to be, for purposes of Section 365(n) of the U.S. Bankruptcy Code, licenses of right to “intellectual property” as defined in Section 101 of such Code. The Parties agree that a Party granted a license pursuant to this Agreement (a “Licensee”) Licensee may fully exercise all of its rights and elections under the U.S. Bankruptcy Code and any foreign equivalent thereto Code, regardless of whether either Party files for bankruptcy in any country having jurisdiction over a Party the United States or its assetsother jurisdiction. The Parties further agree that, in the event a Licensee elects to retain its rights as a licensee under such Code, such Licensee Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidential treatment request. Omissions are designated as * * *. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. shall be entitled to complete access to any technology licensed to it hereunder and all embodiments of such technology. Such embodiments of the technology shall be delivered to such the Licensee not later than:
(a) the commencement of bankruptcy proceedings against the other Partylicensor, upon written request, unless the other Party licensor elects to perform its obligations under this the Agreement, or
(b) if not otherwise delivered under this Section 3.311.14, upon the rejection of this Agreement by or on behalf of the other PartyLicensee, upon Licensee’s written request.
Appears in 1 contract
Sources: Exclusive License Agreement (Threshold Pharmaceuticals Inc)