The LTC Chase Option allows you send the timeline's timecode through the DVS BOB to an audio device that can chase the LTC timecode. By default, the LTC timecode is the same as the record time (REC TC). For example, if the start timecode for the timeline is 10:00:00:00, the LTC will be 10:00:00:00. When you move the shot positioner to a further position in the timeline and press play, the LTC value is also updated so it is in sync with the record timecode.
To play back the audio track using the LTC Chase Option:
Now when you play back the timeline, the audio track is played at the same time.