ERASER Clause Samples
The ERASER clause is designed to allow for the removal or deletion of specific information, data, or provisions from a contract or agreement. In practice, this clause may specify the conditions under which certain content can be erased, such as upon request by a party, after a certain period, or in compliance with legal requirements like data protection laws. Its core function is to provide a clear mechanism for eliminating information that is no longer needed or that must be removed to comply with privacy or regulatory obligations, thereby reducing risk and ensuring compliance.
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ERASER. Person tendering are informed that no erasers or any alteration by them in the text of the documents set herewith will be allowed and any such eraser or an alteration will be disregarded. If there is any error in writing no overwriting should be done but the wrong words or figures should be struck out and the correct one written above or near it in an unambiguous way. Such correction should be initialed and dated.