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Copyright Security Agreement
"I need a Copyright Security Agreement under German law to secure a €2M loan against my company's software copyright portfolio, including both released products and in-development code, with the agreement to be effective from March 1, 2025."
1. Parties: Identification of the security provider (copyright owner) and the security taker (usually a lender or financial institution)
2. Background: Context of the agreement, including reference to any underlying loan or financial agreement
3. Definitions: Defined terms including 'Copyrighted Works', 'Security Interest', 'Secured Obligations', and other key terms
4. Grant of Security Interest: Express creation and grant of the security interest over the specified copyrighted works
5. Secured Obligations: Description of the obligations being secured by the copyright security interest
6. Representations and Warranties: Security provider's confirmations regarding ownership, right to grant security, and status of copyrighted works
7. Covenants: Ongoing obligations of the security provider regarding maintenance, protection, and exploitation of the copyrighted works
8. Perfection and Protection: Requirements for recording the security interest and maintaining its validity
9. Enforcement: Rights and remedies of the security taker upon default
10. Term and Termination: Duration of the agreement and conditions for termination
11. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction
1. Further Assurance: Additional obligations to execute documents or take actions to perfect the security - include when dealing with international rights or complex copyright portfolios
2. Income and Proceeds: Specific provisions dealing with revenue from the copyrighted works - include when the works generate significant income
3. Licensed Rights: Provisions dealing with existing licenses - include when copyrighted works are already licensed to third parties
4. Registration: Specific provisions for registered copyrights - include when dealing with registered works
5. Digital Rights Management: Provisions dealing with technological protection measures - include for digital works
6. Collection Society Rights: Provisions dealing with collecting society memberships - include when works are managed by collecting societies
1. Schedule 1 - Copyrighted Works: Detailed description and identification of all copyrighted works subject to the security interest
2. Schedule 2 - Existing Registrations: List of any copyright registrations or recordals relating to the secured works
3. Schedule 3 - Existing Licenses: Details of any existing licenses or permissions granted in relation to the copyrighted works
4. Schedule 4 - Collection Society Arrangements: Details of any collecting society memberships or arrangements
5. Appendix A - Form of Copyright Security Notice: Template for notices to be recorded with relevant copyright offices or registries
6. Appendix B - Form of Copyright Security Release: Template for releasing the security interest upon discharge of secured obligations
Authors
Applicable Law
Business Day
Collateral
Collection Society
Collection Society Rights
Copyrighted Works
Copyright Registrations
Default Event
Digital Rights
Effective Date
Enforcement Event
Existing Licenses
Future Rights
Grant of Security
Intellectual Property Rights
License Agreements
Licensed Rights
Moral Rights
Obligations
Parties
Proceeds
Related Rights
Secured Obligations
Secured Party
Security Interest
Security Period
Security Provider
Third Party Rights
Transaction Documents
UrhG
Usage Rights
VGG Rights
Representations and Warranties
Covenants
Default
Enforcement
Assignment
Confidentiality
Notices
Further Assurance
Severability
Entire Agreement
Governing Law
Jurisdiction
Registration
Intellectual Property
Rights Protection
Income and Revenue
Collection Society
Digital Rights
Termination
Amendment
Force Majeure
Waiver
Third Party Rights
Costs and Expenses
Media and Entertainment
Publishing
Software and Technology
Gaming
Advertising and Marketing
Music Industry
Film and Television
Financial Services
Banking
Creative Industries
Digital Content Creation
Educational Publishing
Legal
Intellectual Property
Finance
Risk Management
Business Development
Copyright Administration
Corporate Affairs
Treasury
Rights Management
Content Management
Chief Legal Officer
Intellectual Property Counsel
Finance Director
Copyright Manager
Legal Counsel
Corporate Lawyer
Licensing Manager
Investment Manager
Risk Manager
Business Development Director
Chief Financial Officer
Intellectual Property Director
Content Rights Manager
Publishing Rights Manager
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Genie’s Security Promise
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Organizational security
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