Give examples of executory obligations in IP licenses.

Sep 30, 2024 ... An executory contract is defined as a contract where both parties have ongoing obligations to perform under its terms. The legal definition ... May 8, 2024 ... Executory contracts are simply contracts where both sides still need to deliver something important. In bankruptcy, the debtor can choose to ... executory interests. (In all cases assume an initial feoffment to uses which is executed):. [p*422] (1) “To A for life, remainder one day after A's death to ... Jun 23, 2021 ... The prepetition entry of a court order which required specific performance of a contract rendered the contract non-executory and, therefore, non-rejectable. Dec 15, 2024 ... An executory cost is any expenditure not included in the minimum ongoing payments associated with a lease. These expenditures are usually ... May 2, 2023 ... A streamlined judicial process known as executory process foreclosure, allowing a creditor to get to a sale of the property within 75-120 days of filing the ... 'Fully Executed Contract' vs. 'Executory Contract'. Contracting professionals make a distinction between 'fully executed contracts' and “executory contracts. If the settlement agreement was found to be executory then section 365 of the Bankruptcy Code would allow the contract to still be assumed. However, since these ... Mar 18, 2009 ... The bankruptcy trustee may either affirm and accept (assume) or terminate and surrender (reject) an executory contract or unexpired lease.17 The ... Whether the operating agreement is executory will determine the extent to which a debtor in possession, a bankruptcy trustee, or a third party succeeds to ...