English to Spanish Law/Patents Law: Contract(s) contrato de patrocinio

In the event of a bankruptcy filing by or against Sponsor, to the extent that this Agreement has not been terminated, the Parties intend that any Sponsorship Fee during the bankruptcy period be deemed administrative claims under the bankruptcy code because the Parties recognize that XXX’s right to fully exploit the rights hereunder through alternative means will be significantly limited, delayed or eliminated during the bankruptcy period and that the bankruptcy estate will enjoy material benefits with respect thereto.