Common use of Notice Rights Clause in Contracts

Notice Rights. The Party applying for any Intellectual Property Rights (the “Applying Party”) shall inform the other Party (the “Non-Applying Party”) immediately after applying, filing or registration of such rights so as to give the other Party the opportunity to have its business interests addressed by having the Applying Party add any issues to the application that the Non-Applying Party may request to have its business interests sufficiently covered. An Applying Party shall also notify the Non-Applying Party if it intends to disregard, diminish or otherwise restrict the scope of any claims to Intellectual Property Rights in an application, filing or registration process for any Intellectual Property Rights. The Applying Party shall notify the Non-Applying Party for any such action in the course of a grant, appeal or complaint process, if the interests of the other Non-Applying Party may be, or are affected by, such action.