Common use of MOVEABLE COLLATERAL Clause in Contracts

MOVEABLE COLLATERAL. If any of the Collateral or Third Party Collateral consists of goods of a type normally used in more than one state, whether or not actually so used, any use of any such goods in any state other than a state in which Borrower shall have previously advised Lender such goods will be used. Borrower agrees that such goods will not, unless Lender shall otherwise consent in writing, be used outside the continental United States;

MOVEABLE COLLATERAL. If any of the Collateral or Third Party Collateral consists of goods of a type normally used in more than one state, whether or not actually so used, any use of any such goods in any state other than a state in which any Borrower shall have previously advised Lender such goods will be used. Borrower agrees that such goods will not, unless Lender shall otherwise consent in writing, be used outside the continental United States;