JSFiddle - React, Tailwind, and code Playground
HTML
<input type="text" value="" id="delterms" name="O_" />
<input type="checkbox" id="checkbox" onchange="terms(event)" />
<script type="text/javascript">
</script>
JavaScript
function terms(e) {
var el = e.srcElement;
if (el.checked == false) {
document.getElementById('delterms').value = ''
}
else {
document.getElementById('delterms').value = 'Accepted'
}
}