Common use of Single Authoritative Copy Clause in Contracts

Single Authoritative Copy. There will be a single Authoritative Copy of an eContract at all times, stored in the Owner of Record’s logical segment of the Vault unless and until the eContract is Exported, Destroyed or subject to TOLEC in accordance with these System Rules. The Authoritative Copy will be the copy held and designated as such in the System. Access to the Authoritative Copy will be limited as defined in Section 2.0 of these System Rules. The Authoritative Copy will be designated as such when viewed.

Single Authoritative Copy. There will be a single Authoritative Copy of an eContract at all times, stored in the Owner of Record’s logical segment of the Vault unless and until the eContract is Exported, Destroyed or subject to TOLEC Exported in accordance with these System Rules. The Authoritative Copy will be the copy held and designated as such in the System. Access to the Authoritative Copy will be limited as defined in Section 2.0 of these System Rules. The Authoritative Copy will be designated as such when viewed.