United States Bankruptcy Code definition
Examples of United States Bankruptcy Code in a sentence
No Borrower is an “insolvent person” within the meaning of the Bankruptcy and Insolvency Act (Canada) or the United States Bankruptcy Code.
All rights and licenses granted by Licensor under this Agreement are and will be deemed to be rights and licenses to “intellectual property” and all Licensed Products are and will be deemed to be “embodiment(s)” of “intellectual property” for purposes of, and as such terms are used in and interpreted under, Section 365(n) of the United States Bankruptcy Code.
All rights and licenses now or hereafter granted by Odyssey to Xxxxxxx under or pursuant to this Agreement, including, for the avoidance of doubt, any Commercial Licenses are, for all purposes of Section 365(n) of the United States Bankruptcy Code, licenses of rights to “intellectual property” as defined in the United States Bankruptcy Code.
Any costs or expenses incurred in connection with a Servicer Default shall constitute an expense of administration under Title 11 of the United States Bankruptcy Code or any other applicable Federal or State bankruptcy laws.
All rights, powers, and remedies of Xxxxxxx provided herein are in addition to and not in substitution for any and all other rights, powers, and remedies now or hereafter existing at law or in equity (including the United States Bankruptcy Code) in the event of the commencement of a case under the United States Bankruptcy Code with respect to Odyssey.