Consequences of Bankruptcy. The Parties acknowledge and agree that all rights and licenses now or hereafter granted under or pursuant to any Section of this Agreement are rights to “intellectual property” as defined in Section 101(35A) of Title 11 of the United States Code. Each Party may elect to retain and may fully exercise all of its rights and elections under Section 365(n) of Title 11 of the United States Code.
Appears in 3 contracts
Samples: Patent License Agreement (Nalu Medical, Inc.), Patent License Agreement (Nalu Medical, Inc.), Development and Commercialization Agreement (Durect Corp)
Consequences of Bankruptcy. The Parties acknowledge and agree that all rights and licenses now or hereafter granted under or pursuant to any Section of this Agreement are rights to “intellectual property” as defined in Section 101(35A) of Title 11 of the United States CodeCode or any analogous provisions in any other country or jurisdiction. Each Party may elect to retain and may fully exercise all of its rights and elections under Section 365(n) of Title 11 of the United States CodeCode or any analogous provisions in any other country or jurisdiction.
Appears in 1 contract
Samples: License Agreement (Tocagen Inc)
