definiens: ), licenses of rights to as defined under Section 101(35A ) of the Code ; and ( b ) Section32(6 ) of the Companies ’ Creditors Arrangement Act ( Canada ) ( the ) and Section 65.11(7 ) of the Bankruptcy andInsolvency Act ( Canada ) ( the ) a . The Parties agree that [COMPANY] or [COMPANY], as alicensee of such rights under this Agreement, shall retain and may fully exercise all of its rights and elections under the Code, the CCAA or the BIA, as applicable, and that upon commencement of a bankruptcy, insolvency or other comparableproceeding by or against the other Party under the Code, the CCAA or the BIA, as applicable, [COMPANY] or [COMPANY], as thecase may be, shall be entitled, to the extent necessary for [COMPANY] or [COMPANY] to continue to preserve its license rights underthis Agreement, to a complete duplicate of ( or complete access to, as appropriate ) any such intellectual property and allembodiments of such intellectual property . Such intellectual property and all embodiments thereof shall be promptlydelivered to [COMPANY] or [COMPANY], as the case may be, ( i ) upon any such commencement of a bankruptcy, insolvency orcomparable proceeding upon written request therefor by [COMPANY] or [COMPANY], as the case may be, unless [COMPANY] orGeron, as the case may be, elects to continue and continues to perform all of its obligations under this Agreement or ( ii ) if notdelivered under ( i ) above, upon the rejection of this Agreement ( to the extent permitted by Applicable Law ) by or on behalf ofAngioChem or [COMPANY], as the case may be, upon written request therefor by [COMPANY] or [COMPANY], as the case may be . Theforegoing provisions of this Section 2.6 are without prejudice to any rights [COMPANY] or [COMPANY] may have arising under theCode, the CCAA, the BIA or other Applicable Law