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I NTELLECTUAL PROP ERTY LAW

231

impose restrictions with respect to trademark rights which are recorded in

the register and which can only be transferred over register. This is because

the transferee takes over the trademark as attached, and the attachment will

have a binding effect on the transferee. The attachment process will also be

continued in this case.

Pursuant to article 22 of the Decree-Law No. 556 and article 23 of

the Implementing Regulation, the attachment procedure may also apply

to trademark registration applications. The attachment procedure is also

to be published in the Bulletin if the application has been published.

The attachment of a trademark registration application does not prevent

cancellation of the application based on not submitting the necessary

documents in a timely fashion.

In addition to the attachment of a trademark, credits arising from

the transfer of a trademark or the granting of licenses or undertaking of

granting licenses can also be subject to an attachment. In these cases,

the attachment procedure will be executed by sending a notification of

attachment to the debtor of the proprietor of the trademark.