definiens: as defined under Section 101(56 ) of the Bankruptcy Code . The Parties agree that [COMPANY], as a licensee of such rights and licenses, shall retain and may full y exercise all of its rights and elections under the Bankruptcy Code . The parties further agree that, in the event that any proceeding shall be instituted by or against DTI seeking to adjudicate it as bankrupt or insolvent, or seeking liquidation, winding up, reorganization, arrangement, adjustment, protection, relief or composition of it or its debts under any law relating to bankruptcy, insolvency or reorganization or relief of debtors, or seeking an entry of an order for relief or the appointment of a re ceiver, trustee or other similar official for it or any substantial part of its property or it shall take any action to authorize any of the foregoing actions ( each a ), [COMPANY] shall have the right to retain and enforce its rights under this Agreement to the full extent under applicable law, including without limitation, any rights under Section 365(n ) of the Bankruptcy Code