Common use of Recordings and Records Clause in Contracts

Recordings and Records. I. The Bank may, at its discretion, make recordings and retain all or any of such recordings of telephone conversations between the Customer and the Bank. II. The Bank may retain copies (paper, electronic or otherwise) of any documents or Items relating to the account and services in a form preserving an image of any such document or Items, including signatures, or a regular business record and discard the original documents or Items. The Customer hereby waives any objection to the use of such records in lieu of their paper equivalents for any purpose and in any forum, venue or jurisdiction (including without limitation, objections arising from the Bank’s role or acquiescence in the destruction of the originals). III. Any documents or Items (as defined in Chapter 2, Article 3 below) may be destroyed at the discretion of the Bank after being microfilmed or recorded and preserved and/or processed in any other manner.