Release of Security Interest in Patents
(Short Form)

Summary

This release of security interest in patents is used to release security interests in patents that have been provided as collateral for a secured loan transaction. This template includes practical guidance and drafting notes. Recordations in favor of an existing secured party made with the United States Patent and Trademark Office (USPTO) are released by filing a release of security interest in patents with the USPTO. Counsel should modify this template, as appropriate, to conform to the terms of your specific transaction and to reflect any changes in the delivery address. For more information on releasing security interests, see Collateral Perfection and Release in the Closing Process. For releases of security interests in trademarks and copyrights, see Release of Security Interest in Trademarks (Short Form) and Release of Security Interest in Copyrights (Short Form).