definiens: as defined under Section 101 of the United States Bankruptcy Code . The Parties agree that each Party, as licensee of certain rights under this Agreement, shall retain and may fully exercise all of its rights and elections under the United States Bankruptcy Code . Tbe Parties further agree that, in the event of the commenceme nt of a bankruptcy proceeding by or against a Party ( such Party, the ) under the United States Bankruptcy Code, ( a ) the other Party shall be entitled to a complete duplicate of ( or complete access to, as appropriate ) any intellectual property licensed to such other Party and all embodiment s of such intellectual property, which, if not already in such other Party 's possession, shall be promptly delivered to it ( x ) upon any such conullencement of a bankruptcy proceeding upon such other Party 's written request therefor, unless the Bankrupt Party elects to continue to perform all of its obligations under this Agreement or ( y ) if not delivered under clause ( x ), following the rejection of this Agreement by the Bankrupt Party upon written request therefor by the other Party and ( b ) the Bankrupt Party shall not interfere with the other Party 's rights to intellectual property and all embodiments of intellectual property, and shall assist and not interfere with the other Party in obtaining intellectual property and all embodiments of intellectual property from another entity . The of intellectual property includes all tangible, intangible, electronic or other embodiments of rights and licenses hereunder, including all compounds and products embodying intellectual property, Products, filings with Regulatory Authorities and related rights and [COMPANY] Know - How in the case that [COMPANY] is the Bankrupt Party and Facet Applied Know - How in the case Facet is the Bankrupt Party