Intellectual Property Security Agreement (Short-form)
This is a standard short-form intellectual property (IP) security agreement to be used with a principal security agreement in a syndicated secured loan transaction. This IP security agreement can be attached as an exhibit to the principal security agreement. In addition, this IP security agreement can be recorded with the US Patent and Trademark Office and US Copyright Office against US IP included in the collateral subject to the security interest. This Standard Document has integrated notes with important explanations and drafting tips.