Common use of Paper documents Clause in Contracts

Paper documents. You agree that all paper Applications and documents in connection with the Agreement may, at our option, be converted by any digital or electronic method or process to an electronic record or subsequently further converted or migrated to another electronic record format or storage system. You further agree that upon conversion to an electronic record as authorized herein, such electronic record shall be the record of the transaction and the electronic record shall have the same legal force and effect as the paper document from which it was converted. You waive any legal requirement that any document digitally or electronically converted be embodied, stored or produced in printed form. You further agree that a printed or digitally reproduced copy of the electronic record shall be given the same legal force and effect as an original signed writing. In addition, you authorize and agree to destruction of the paper documents by us upon conversion of the paper document to a digital or electronic record.

Appears in 2 contracts

Sources: Business Credit Card Agreement, Business Credit Card Agreement