definiens: ), li censes of rights to as defined in Title XI . Dur ing the term of this Agreement each party shall create and maintain curr ent copies to the extent practicable of all such intellectual property . If a bankruptcy proceeding is commenced by or against one party under Title XI, t he other party shall be entitled to a copy of any and all such intellectual property and all embodiments of such intellectual property, and the same, if not in the possession of such other party, shall be promptly delivered to it ( a ) upon such party 's written request following the commencement of such bankrupt cy proceeding, unless the party subject to such bankruptcy proceeding, or its trustee or receiver, elects within thirty ( 30 ) days to continue to perform all of its obligations under this Agreement, or ( b ) if not delivered as provided unde r clause ( a ) above, upon such other party 's request following the rejection of th is Agreement by or on behalf of the party subject to such bankruptcy proceeding