Common use of CONTRACTOR BANKRUPTCY Clause in Contracts

CONTRACTOR BANKRUPTCY. Contractor acknowledges that if Contractor, as a debtor in possession, or a trustee in bankruptcy in a case under Section 365(n) of Xxxxx 00, Xxxxxx Xxxxxx Code (the "Bankruptcy Code"), rejects this Contract, the State may elect to retain its rights under this Contract as provided in Section 365(n) of the Bankruptcy Code. Upon written request of the State to Contractor or the Bankruptcy Trustee, Contractor or such Bankruptcy Trustee shall not interfere with the rights of the State as provided in this Contract, including the right to obtain the State Intellectual Property.

Appears in 34 contracts

Samples: Standard Contract for Technology Services, Business Associate Agreement, Valuepoint Master Agreement

AutoNDA by SimpleDocs

CONTRACTOR BANKRUPTCY. Contractor acknowledges that if Contractor, as a debtor in possession, or a trustee in bankruptcy in a case under Section 365(n) of Xxxxx 00Title 11, Xxxxxx Xxxxxx United States Code (the "Bankruptcy Code"), rejects this Contract, the State may elect to retain its rights under this Contract as provided in Section 365(n) of the Bankruptcy Code. Upon written request of the State to Contractor or the Bankruptcy Trustee, Contractor or such Bankruptcy Trustee shall not interfere with the rights of the State as provided in this Contract, including the right to obtain the State Intellectual Property.

Appears in 14 contracts

Samples: Agreement, Standard Contract for Technology Services, Business Associate Agreement

AutoNDA by SimpleDocs

CONTRACTOR BANKRUPTCY. Contractor acknowledges that if Contractor, as a debtor in possession, or a trustee in bankruptcy in a case under Section 365(n) of Xxxxx 00, Xxxxxx Xxxxxx Code (the "β€œBankruptcy Code"”), rejects this Contract, the State may elect to retain its rights under this Contract as provided in Section 365(n) of the Bankruptcy Code. Upon written request of the State to Contractor or the Bankruptcy Trustee, Contractor or such Bankruptcy Trustee shall not interfere with the rights of the State as provided in this Contract, including the right to obtain the State Intellectual Property.

Appears in 2 contracts

Samples: dvha.vermont.gov, healthcareinnovation.vermont.gov

Time is Money Join Law Insider Premium to draft better contracts faster.