Common use of Recording and Notification of the Declaration; Consequential Modification of the International Clause in Contracts

Recording and Notification of the Declaration; Consequential Modification of the International. Register] The International Bureau shall record in the International Register any declaration made in accordance with paragraph (3) and shall modify the International Register, whereby that part of the international registration which has been the subject of the said declaration shall be recorded as a separate international registration in the name of the previous holder (transferor). The International Bureau shall notify accordingly the previous holder (transferor) and the new holder (transferee).