eventBasedHold property

Whether an object is under event-based hold.

Event-based hold is a way to retain objects until an event occurs, which is signified by the hold's release (i.e. this value is set to false). After being released (set to false), such objects will be subject to bucket-level retention (if any). One sample use case of this flag is for banks to hold loan documents for at least 3 years after loan is paid in full. Here, bucket-level retention is 3 years and the event is the loan being paid in full. In this example, these objects will be held intact for any number of years until the event has occurred (event-based hold on the object is released) and then 3 more years after that. That means retention duration of the objects begins from the moment event-based hold transitioned from true to false.