definiens: means that AVEO(i ) commits an act of bankruptcy, is declared bankrupt, voluntarily files or has filed against it a petition for bankruptcy orreorganization unless such petition is dismissed within sixty ( 60 ) days of filing or such petition is for a reorganization underChapter 11 of the Bankruptcy Code ( as defined below ) or any relevant foreign equivalent thereof and AVEO is not in defaultat the time of the filing of such petition or at any time during such reorganization of any of its obligations under thisAgreement, ( ii ) enters into a procedure of winding up or dissolution, or ( iii ) should a trustee or receiver be appointed for itsbusiness assets or operations . All rights and licenses granted under or pursuant to this Agreement are, and shall otherwise bedeemed to be, for the purposes of Section 365(n ) of Title 11, U.S. Code ( ) license rights to as defined under Section 101(60 ) of the Bankruptcy Code . The Parties agree that any Party, as a licensee hereunder, shall retain and may fully exercise all of its rights and elections under the Bankruptcy Code or any relevant foreign equivalentthereof