No, this is a short-form IP security agreement that's customarily used by a secured lender to perfect its security interest in IP collateral. If you want more d

No, this is a short-form IP security agreement that's customarily used by a secured lender to perfect its security interest in IP collateral. If you want more details, this page explains why these forms are necessary: https://www.whitecase.com/publications/article/perfecting-security-interests-united-states-patents-trademarks-and-copyrights https://www.whitecase.com/publications/article/perfecting-se.... Ownership does not transfer to the secured lender as a result of this filing.