Non-Reversible. The Export process of converting an eContract to paper is permanent and irreversible. Only one copy of the Authoritative Copy may be printed out with the statement that it is the written original. Once the copy is successfully printed, the Authoritative Copy in the Vault will be decommissioned and the System will reflect that the eContract has been Exported. Any later transfer of the tangible chattel paper will require a manual endorsement or assignment as required by applicable law.
Appears in 2 contracts
Sources: System Rules for Digital Contracting and Vaulting Services for Three Party Contracts, System Rules for Digital Contracting and Vaulting Services for Three Party Contracts