Common use of Continuing Rights Clause in Contracts

Continuing Rights. The Parties agree that, in the event of a Licensor Bankruptcy Event, Company shall be entitled to a complete duplicate of (or complete access to, as appropriate) any Licensor Technology and all embodiments thereof, which, if not already in Company’s possession, shall be promptly delivered to it (a) following any such commencement of a bankruptcy proceeding upon Company’s written request therefor, unless Licensor elects to continue to perform all of its obligations under this Agreement or (b) if not delivered under clause (a), following the rejection of this Agreement by Licensor upon written request therefor by Company.

Continuing Rights. The Parties agree that, in the event of a Licensor Bankruptcy Event, Company shall continue to be entitled to a complete duplicate rights granted under Section 2.1 of (or complete access to, as appropriate) any this Agreement to Licensor Technology and all embodiments thereof, which, if not already in Company’s possession, shall be promptly delivered to it (a) following any such commencement of a bankruptcy proceeding upon Company’s written request therefor, unless Licensor elects to continue to perform all of its obligations under this Agreement or (b) if not delivered under clause (a), following the rejection of this Agreement by Licensor upon written request therefor by Company.

Continuing Rights. The Parties agree that, in the event of a Licensor Company Bankruptcy Event, Company Licensor shall continue to be entitled to a complete duplicate rights granted under section 2.2 of (or complete access to, as appropriate) any Licensor this Agreement to Company Technology and all embodiments thereof, which, if not already in CompanyLicensor’s possession, shall be promptly delivered to it (a) following any such commencement of a bankruptcy proceeding upon CompanyLicensor’s written request therefor, unless Licensor Company elects to continue to perform all of its obligations under this Agreement or (b) if not delivered under clause (a), following the rejection of this Agreement by Licensor Company upon written request therefor by CompanyLicensor.