definiens: ), licenses of rights to a s defined in the Bankruptcy Code . Upon the occurrence of any Insolvency Event with respect to Licensor, the Parties agree that Licensee, as l icensee of such licenses under this Agreement, shall retain an d may fully exercise all of its rights and election s under the Bankruptcy Code with respect [ * * * ] = CERTAIN CONFIDENTIAL INFORMATION OMITTED 10 to such licenses . Without limiting the generality o f the foregoing, Licensor and Licensee intend and a gree that any sale of Licensor ’s assets under Section 363 of the Bankruptcy Code shall be subject to Licensee ’s rights under Section 365(n ) of the Bankruptcy Code, that L icensee can not be compelled to accept a money satis faction of its interests in the intellectual property licen sed pursuant to this Agreement, and that any such s ale therefore may not be made to a purchaser of Licensee ’s rights under this Agreement and Section 365(n ) of the Bankruptcy Code without the express, contempora neous consent of Licensee . Further, each Party agre es and acknowledges that all payments by Licensee to Licen sor hereunder, other than the royalty payments purs uant to Section 7.3 ( Royalty Payments ), do not constitute royalties within the meaning o f Section 365(n ) of the Bankruptcy Code or relate to licenses of intellectu al property hereunder . The Licensor shall, during t he Term, create and maintain current copies or, if not amena ble to copying, detailed descriptions or other appr opriate embodiments, to the extent feasible, of all intelle ctual property licensed pursuant to this Agreement