Common use of Registration of Intellectual Property Clause in Contracts

Registration of Intellectual Property. Borrower shall not register any of its patents, copyrights, or trademarks with any federal registry, including but not limited to the United States Patent and Trademark Office (“USPTO”) or the United States Copyright Office (“USCO”), except to the extent that such registrations are subject to a security agreement filed with such federal registry, USPTO, or USCO, as applicable in favor of Lender as secured party, in form and substance acceptable to Lender in its sole discretion.