Copyright Mortgage and Assignment

$29.95

A Copyright Mortgage is usually used by a bank to acquire a lien on the copyright of a film.  This document can be used by anyone loaning money or goods to a production and want to have a lien on the copyright to ensure that the producer repays the obligation.

Approximately 7 pages

 

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COPYRIGHT MORTGAGE AND ASSIGNMENT

For good and valuable consideration, receipt and sufficiency of which is hereby acknowledged and as an inducement to _____________, a ________________ corporation (“Bank”) to enter into that certain ______ Agreement dated as of _____________, ____, (the “_____ Agreement”), between ___________________, a California Limited Liability Company (“Borrower”) and Bank:

1.         As security for the payment and performance of the Obligations (as such term is defined in the _____ Agreement), Borrower hereby mortgages, pledges, hypothecates, assigns, transfers, conveys and sets over unto Bank as security, and hereby grants to Bank a continuing first priority security interest and mortgage of copyright in, all of Borrower’s right, title and