Bankruptcy Rights

Bankruptcy Rights


The rights and licenses in Sections __ (Software License) and __ (Escrow Materials License) of this Agreement (the “License Provisions”) are licenses to “intellectual property,” as defined in Section 365(n) of the United States Bankruptcy Code (11 U.S.C. Sections 101, et seq.). If Provider is subject to any proceeding under the United States Bankruptcy Code, and Provider as debtor in possession or its trustee in bankruptcy rejects this Agreement, Customer may, pursuant to 11 U.S.C. Section 365(n)(1) and (2), retain any and all rights granted to it under the License Provisions, to the maximum extent permitted by law. This Section __ will not be construed to limit or restrict any right or remedy not set forth in this Agreement, including without limitation the right to retain any license or authority this Agreement grants pursuant to any provision other than the License Provisions.