Common use of STATEMENT OF TERMS Clause in Contracts

STATEMENT OF TERMS. The undersigned consents to and acquiesces in the Debtor's grant of a security interest in the Personal Property in favor of the Lender.

STATEMENT OF TERMS. The undersigned consents consent to and acquiesces acquiesce in the DebtorBorrower's grant of a security interest in the Personal Property in favor of the LenderAgent.