Common use of System Back-up of Authoritative Copies Clause in Contracts

System Back-up of Authoritative Copies. The System will create a back-up of all data on the System, including Authoritative Copies, on a near real-time basis and on a daily basis. In the event that an Authoritative Copy is lost or destroyed, a back-up of the Authoritative Copy will be designated as the Authoritative Copy at the time the Authoritative Copy is restored. There will only be one Authoritative Copy of an eContract at any given time.

Appears in 2 contracts

Samples: System Rules for Econtracting and Vaulting Services, System Rules for Digital Contracting and Vaulting Services for Three Party Contracts

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System Back-up of Authoritative Copies. The System will create a back-up of all data on the System, including all Authoritative Copies, on a near real-time basis and on a daily basis. In the event that an Authoritative Copy is lost or destroyed, a back-up of the Authoritative Copy will be designated as the Authoritative Copy at the time the Authoritative Copy is restored. There will only be one Authoritative Copy of an eContract at any given time.

Appears in 2 contracts

Samples: System Rules for Econtracting and Vaulting Services, System Rules for Digital Contracting and Vaulting Services for Three Party Contracts

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