Mortgage of patents | Practical Law

Mortgage of patents | Practical Law

A standard form mortgage of patents, created by a company incorporated in England and Wales in favour of a single corporate lender.

Mortgage of patents

Practical Law UK Standard Document 2-567-3006 (Approx. 78 pages)

Mortgage of patents

Maintained, England, Wales
A standard form mortgage of patents, created by a company incorporated in England and Wales in favour of a single corporate lender.
This standard document creates a mortgage over UK patents (and any patent applications) owned by the company. It does not create fixed or floating charges over patents or other intellectual property rights.
This standard document contains integrated drafting notes and negotiating tips.
For detailed information on legal issues that may arise when drafting a mortgage of patents, see Drafting note, Drafting assumptions and legal issues.