definiens: ( as defined in Section 101(35A ) of Title 11 o f the United States Code, as amended ( such Title 11, the ) ) . Each Party, as licensee of such rights under this Agreement, will retain and may fully exercise all of its right s and elections under the United States Bankruptcy Code . In the event of the commencement of a bankruptcy proceeding by or a gainst a Party under the Bankruptcy Code ( the ), the other Party will be entitled to a complete dupl icate of ( or complete access to, as appropriate ) an y intellectual property licensed to it under this Agreement and all embodim ents of such intellectual property ( including all i nformation related to such intellectual property and rights of referen ce with respect to Regulatory Approvals ), and same, if not already in its possession, will be promptly delivered to it ( a ) upon any such commencement of a bankruptcy procee ding upon its written request therefor, unless the Insolvent Part y continues to perform all of its obligations under this Agreement, or ( b ) if not delivered or granted under ( a ) above, fo llowing the rejection of this Agreement by or on be half of the Insolvent Party upon written request therefor by the other Pa rty . The Parties hereto acknowledge and agree that all payments by CANbridge to PUMA under this Agreement, other than royalty payments pursuant to Section 6.2 ( Royalties ), do not constitute royalties within the meaning of Bankrupt cy Code § 365(n ) or relate to licenses of intellectual prope rty under this Agreement . 2.7Not Inconsistent Third Party Agreements . During the Term, neither PUMA nor any of its Affiliates will enter into any license of intellectual propert y pursuant to which PUMA or any of its Affiliates g rants to a Third Party rights under or to any Know - How, Patent Right s or Licensed Trademarks, or otherwise enters into any agreement, that would contravene or be inconsistent or in conflict with the rights of CANbridge or the obligations of PUMA under this Agreement . During the Term, neither PUMA nor any of its Affiliates will amend, modify or terminate any in - license of Third Party intellectua l property ( including, without limitation, any such in - license that is in effect as of the Effective Date ) without the pri or written consent of 16 [ * * * ] Certain information in this document has been omitted and filed separately with the Securities a nd Exchange Commission . Confidential treatment has bee n requested with respect to the omitted portions