Virgin Islands Collateral Assignment of Trademarks

State:
Multi-State
Control #:
US-0444BG
Format:
Word; 
Rich Text
Instant download

Description

A Collateral Assignment is an asset assignment in which ownership rights are transferred only as an additional security for a loan, and revert to the assignor when the loan is repaid.
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FAQ

As registering your trademark in Canada gives you exclusive rights only in Canada, to obtain protection for your mark outside of Canada it is necessary to register your trademark in those jurisdictions, as further explained below.

Your registered trademark will provide the presumption of nationwide validity, which means you'll be protected from potential infringement anywhere throughout the United States. Unfortunately, any trademark disputes that arise outside the U.S. will not be covered by these protections.

The USPTO is responsible for recording all trademark assignments. A request to record a trademark assignment may be filed online using the Electronic Trademark Assignment System (ETAS). Trademark applicants may create and submit a cover sheet for the recording of a trademark assignment.

To get started:Create a business plan.Register your trade name and/or corporation with the Office of the Lieutenant Governor.Select a good location and obtain a copy of an unsigned lease or letter of intent from the owner.Obtain a business license from the V.I. Department of Licensing and Consumer Affairs (DLCA)

No, a U.S. trademark registration will not protect your trademark in a foreign country. Trademarks are territorial and must be filed in each country where protection is sought.

Prepare a Trademark Assignment AgreementTo be valid, the assignment must be signed by both parties. The parties should consult an attorney, specifically a trademark attorney, who can help draft an assignment that includes all the necessary information and language.

It applies to all fifty U.S. States as well as any territory under United States jurisdiction and control, including the American Virgin Islands (VI), in American Samoa (AS), Guam (GU) and Puerto Rico (PR). Trademark protection is obtained by registration.

Trademarks registered in the USA also have validity and recognition in Puerto Rico. However, in order to be effectively protected in Puerto Rico, trademarks should also be registered through the local trademarks office (PRIPO).

Typically only the party assigning the intellectual property must sign the assignment, and while notarization is strongly preferred it is not strictly required.

An effective copyright notice, whether registered or unregistered, should include three elements that can appear as a single continuous statement:The copyright symbol © (or for phonorecords, the symbol 2117); the word copyright; or the abbreviation copr.;The year of first publication of the work; and.More items...a€¢

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Virgin Islands Collateral Assignment of Trademarks