What are the clause statuses and what do they mean?
Clause statuses in the Contract Terms Library reflect the state of the current version you are editing and restrict what actions you can take.
The table that follows describes the clause statuses and explains their implications:
Status |
Description |
Effect |
---|---|---|
Draft |
A clause is automatically set to the Draft status after you create a clause initially or when you create a new version. |
|
Pending Approval |
The status of a clause after it's submitted for approval. |
|
Rejected |
The approvers rejected the clause version. You can edit clauses in this status and resubmit them for approval. |
|
Approved |
The clause was approved. |
|
Expired |
The clause is past its end-date. The application automatically enters a clause end date in the old version when a new version is approved. You can also manually enter an end date in an approved clause. |
|
On Hold |
Another Contract Terms Library administrator placed a hold on the clause version. |
|