Common use of Guidance Note for clause Clause in Contracts

Guidance Note for clause. 2.1(c): If there are significant Registrations or Registration Applications these need to be identified in section 1 of Schedule 2. This clause allows the parties to agree consequences if these Registrations or Registration Applications are not granted, expire or cease to be in force. The parties should seek further commercial advice on the appropriate consequences. See also guidance in the Details Schedule, Schedule 3 and Schedule 4 (as applicable).