Grass Valley Aurora Edit v.7.0 - Manual (Page 29)

Cut Point Edit Tool
The Cut Point Edit Tool changes the edit points between clips in the Timeline.
You can easily create split edits by only selecting audio or video. If you have handles
on your clips, you can access unused portions of a clip without returning to the source
tape and redoing the edit.
08 April 2010 Aurora Edit User Guide 29
Introducing Aurora Edit