Common use of Section 365(n) Clause in Contracts

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 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 Party elects to retain its rights as a licensee under such Code, such 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 will be delivered to the licensee Party not later than:

Appears in 2 contracts

Samples: Collaboration Agreement (TradeUP Acquisition Corp.), Development and Manufacturing Collaboration Agreement (Vir Biotechnology, Inc.)

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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 each 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 if a Party elects to retain its rights as a licensee under such Code, such Party will shall be entitled to complete access to any technology licensed to it hereunder and all embodiments of such technology. Such embodiments of the technology will shall be delivered to the licensee Party not later than:

Appears in 2 contracts

Samples: License Agreement (Inhibrx, Inc.), License Agreement (Inhibrx, Inc.)

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 each 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 if a Party elects to retain its rights as a licensee under such Code, such Party will shall be entitled to complete access to any technology licensed to it hereunder and all embodiments of such technology. Such embodiments of the technology will shall be delivered to the licensee Party not later than:

Appears in 2 contracts

Samples: Development and License Agreement (CureVac B.V.), Development and License Agreement (CureVac B.V.)

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 rights to “intellectual property” as defined in Section 101 of such Code. The Parties agree that each Party, as licensee, either Party may fully exercise all of its rights and elections under the U.S. Bankruptcy Code and any foreign equivalent thereto Code, regardless of whether the other Party files for bankruptcy in any country having jurisdiction over a Party the United States or its assetsanother jurisdiction. The Parties further agree that, in the event that a the non-insolvent Party elects to retain its rights as a licensee under such Code, such Party will shall be entitled to complete access to any technology licensed to it hereunder and all embodiments of such technology. Such embodiments of the technology will shall be delivered to the licensee such Party not later than:;

Appears in 1 contract

Samples: License and Collaboration Agreement (Curagen Corp)

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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 each 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 if a Party elects to retain its rights as a licensee under such Code, such Party will shall be entitled to complete access to any technology licensed to it hereunder and all embodiments of such technology. Such embodiments of the technology will shall be delivered to the licensee Party not later than:

Appears in 1 contract

Samples: Assignment Agreement (Dare Bioscience, Inc.)

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