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There is not a trace of this word in Grimm's drawing as we have it here. This clivot is given as the "manuscript reading" by Gallée (1894). There does seem to be a trace of this visible in the photograph. It is possible that Grimm omitted it in the drawing and later authors tried to make the word out from the damaged manuscript.
The idea is that clivot or clivet means "cleaves" (in the sense of "sticks to"; German klebt) and that the second aett is introduced by chaon thanne clivot meaning something likes "kaun then sticks (on top of what we just wrote)", i.e. "kaun then follows". --dab (𒁳) 13:09, 24 January 2012 (UTC)