definiens: ( as defined in Paragraph 12 below ) and shall be 3 effective on the ( as defined in this Paragraph 5 below ) ( the ) . If upon written notice from CFFT followi ng an Interruption ( the ), SAV ARA fails to demonstrate a Technical Failure or confirm its intention to resume CRE on the research and de velopment or related funding activities of the Product within 180 days of ( and actually resumes such CRE within ninety ( 90 ) days thereafter ) receipt of such Interruption Notice ( the ), the Interruption License shall become effective ( the ), provided that the Interrup tion Correction Period shall apply only once during the term of this Agreement . The Interruption License sh all be an exclusive ( even as to SAVARA ), worldwide license to CFFT under SAVARA Research Program Technology limited to the right to manufacture, have manufactu red, license, use, sell, offer to sell, and support any invention of a Product resulting from the SAVARA Research Pro gram Technology in the Field . For clarity, delays resulting from events outside of SAVARA ’s reasonabl e control ( including without limitation technical difficulties, shortages of supplies or materials, d elays in preclinical or clinical studies or regulat ory processes, ( as defined in Paragraph 12 below ), and the like ) will not be deemed cessation of the use of CRE . SAVARA shall deliver to CFFT, within ninety ( 9 0 ) days of the Interruption License Effective Date, a copy of all materials and data in its possession or cont rol generated in the performance of the Research Pr ogram and SAVARA Research Program Technology, and a copy of a ll other materials and data that SAVARA may own and/or control that are required by CFFT to use and practice the Product in the Field . In the event th at SAVARA transfers all of or certain of its rights and oblig ations to develop and commercialize a Product at an y time to a third party, such third party shall be subject to t he obligations of the Interruption License . All rig hts and licenses granted under or pursuant to this Agreement by eith er party, including the Interruption License, are, and shall otherwise be deemed to be, for purposes of Section 365(n ) of the U.S. Bankruptcy Code, licenses of rig hts to as defined under Section 10 1 of the U.S. Bankruptcy Code . The parties agree th at each party, as a licensee of rights under this Agreement, shall retain and may fully exercise all of its ri ghts and elections under the U.S. Bankruptcy Code ; provided, however, that nothing in this Agreement shall be deemed to constitute a present exercise of such rights and el ections