Common use of Application for Intellectual Property Rights Clause in Contracts

Application for Intellectual Property Rights. In the case that any development or a part of it which is entered into the project by either Party, and which this Party developed without reference to information of the other Party, can be protected by Intellectual Property Rights, either Party shall promptly enter such application to the respective authorities. Either Party shall refrain from applying for any Intellectual Property Rights for such development or information or parts of such development or information which is provided by the other Party, unless agreed to by both Parties and filed jointly under provisions of Item B.5.4.

Application for Intellectual Property Rights. In the case that any development or a part of it which is entered into the project by either Party, and which this Party developed without reference to information of the other Party, can be protected by Intellectual Property Rights, either Party shall promptly enter such application to the respective authorities. Either Party shall refrain from applying for any Intellectual Property Rights for such development or information or parts of such development or information which is provided by the other Party, unless agreed to by both Parties and filed jointly under the provisions of Item B.5.4.