definiens: shall mean ( i ) a Bankrupt cy Event ; ( ii ) an adverse effect on the validity or enforceability of any material provision of the Tra nsaction Documents ; ( iii ) an adverse effect on the ability of [COMPANY] to perform any of its material obligation s under any of the Transaction Documents ; ( iv ) an a dverse effect on the material rights or remedies of CHRP u nder any of the Transaction Documents ; ( v ) a materi al adverse effect on the right of CHRP to receive the Revenue Interest Payments or any other payment due to CHRP hereunder ; or ( vi ) a material adverse effect o n the Revenue Interest or any portion of the Collat eral, including any a material adverse effect with respec t to the Licensed Product or the ability of License e to distribute, market and/or sell the Licensed Product in the Territory in accordance with a License Agre ement, ( vii ) a material breach by Licensee of a License Ag reement ( which is uncured within the time period th erefor ) ; or ( viii ) a right to terminate or receive damages i nuring to the benefit of a Third Party arising from the material, uncured breach by [COMPANY] under any Material Cont ract