Contract Locks

A contract is locked when certain activities occur for that contract. A locked contract becomes unavailable for modification by a party that does not hold the lock.

Definition

A lock to a contract prevents users from modifying the contract at the same time. A locked contract is determined by the Hold Hold icon icon. A contract is locked in the following circumstances:

  • When the first user of the party that can modify the contract opens it.
  • When an action is performed on a contract that implies the transfer of the party lock to the other party.
  • When a contract is presented to the external party for negotiation.
    Note: A contract is locked only when it is presented online and either of the parties can negotiate it, and when it is presented through email.

Contract lock holder

A contract lock holder is the user that currently holds the lock of a contract. The primary user of a party and the lock holder can be different in the following circumstances.

  • The primary user has requested review from another user of the same party, and the review is in progress.
  • The primary user has reassigned the Negotiate Contract task to another user, and the user currently has the contract open.

Party lock

A party lock is when the other party cannot change the contract because it is being modified by a user from your party.

When a contract is executed, the internal party lock is applied to the contract indefinitely.

Unlocking contracts

A contract is unlocked in the following circumstances:

  • When the contract holder closes the contract.
  • When a session timeout occurs.

After a contract is unlocked, if a user from the other party opens the contract, the contract is locked again.