Common use of Lost Data Clause in Contracts

Lost Data. The data in the Designated SBT Processor database will be utilized for transaction accounting. Both parties agree to use their best efforts to maintain the accuracy of the data and to resolve any discrepancies. If scan data for a particular day and store cannot be retrieved, processed, or is corrupted, Retailer and Supplier will calculate sales based on the most current, factually valid information available. Designated SBT Processor shall use commercially reasonable efforts to assist both Retailer and Supplier in the event of lost or corrupted data.

Lost Data. The data in the Designated SBT Processor Processer database will be utilized for transaction accounting. Both parties agree to use their best efforts to maintain the accuracy of the data and to resolve any discrepancies. If scan data for a particular day and store cannot be retrieved, processed, or is corrupted, Retailer and Supplier will calculate sales based on the most current, factually valid information available. Designated SBT Processor Processer shall use commercially reasonable efforts to assist both Retailer and Supplier in the event of lost or corrupted data.