Common use of Bankruptcy Code Clause in Contracts

Bankruptcy Code. All licenses granted under this Agreement will be deemed licenses of rights to intellectual property for purposes of Section 365(n) of the United States Bankruptcy Code and a licensee under this Agreement will retain and may fully exercise all of its rights and elections under the United States Bankruptcy Code.

Appears in 7 contracts

Samples: Sublicense Agreement (Novan, Inc.), Patent and Know How License Agreement (Novan, Inc.), License Agreement (Mirum Pharmaceuticals, Inc.)

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Bankruptcy Code. All licenses granted under this Agreement will be deemed licenses of rights to intellectual property for purposes of Section 365(n) of the United States U.S. Bankruptcy Code and a licensee under this Agreement will retain and may fully exercise all of its rights and elections under the United States U.S. Bankruptcy Code.

Appears in 4 contracts

Samples: License Agreement (Biotie Therapies Corp.), License and Collaboration Agreement (Cypress Bioscience Inc), Development and Commercialization License Agreement (Ardea Biosciences, Inc./De)

Bankruptcy Code. All licenses and rights granted under this Agreement will be deemed licenses of rights to intellectual property for purposes of Section 365(n) of the United States Bankruptcy Code or any analogous provisions in any other country or jurisdiction and a licensee or sublicensee under this Agreement will retain and may fully exercise all of its rights and elections under the United States Bankruptcy CodeCode or any analogous provisions in any other country or jurisdiction.

Appears in 4 contracts

Samples: Collaboration and License Agreement (Relief Therapeutics Holding SA), Collaborative Development and Commercialization Agreement (Tracon Pharmaceuticals, Inc.), Collaboration and License Agreement (Acer Therapeutics Inc.)

Bankruptcy Code. All licenses granted under this Agreement will be deemed licenses of rights to intellectual property for purposes of Section 365(n) of the United States Bankruptcy Code and a licensee Lumena under this Agreement will retain and may fully exercise all of its rights and elections under the United States Bankruptcy Code.

Appears in 3 contracts

Samples: License Agreement (Mirum Pharmaceuticals, Inc.), License Agreement (Lumena Pharmaceuticals, Inc.), License Agreement (Lumena Pharmaceuticals, Inc.)

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Bankruptcy Code. All licenses granted under this Agreement will be deemed licenses of rights to intellectual property for purposes of Section 365(n) of the United States U.S. Bankruptcy Code and a Licensee as licensee under this Agreement will retain and may fully exercise all of its rights and elections under the United States U.S. Bankruptcy Code.

Appears in 2 contracts

Samples: Exclusive License Agreement (Gossamer Bio, Inc.), Exclusive License Agreement (Gossamer Bio, Inc.)

Bankruptcy Code. All licenses granted under or pursuant to this Agreement will are, and shall otherwise be deemed licenses of rights to intellectual property be, for purposes of Section 365(n) of the United States US Bankruptcy Code Code, licenses of rights to “intellectual property”, as defined in Section 101 of the US Bankruptcy Code. The Parties acknowledge and a licensee under this Agreement will retain and may agree that Customer or any Affiliate shall be entitled to fully exercise all of its rights and elections under the United States US Bankruptcy CodeCode with respect to any such licenses.

Appears in 1 contract

Samples: Royalty Bearing Manufacturing License (Astra Space, Inc.)

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