The FILETEXTEXIT option specifies a file to which enabled events are routed. Each logged event is a fixed-size, readable line.
>>-FILETEXTEXIT--+-No--+--file_name--+-REPLACE--+-------------->< '-Yes-' +-APPEND---+ '-PRESERVE-'
filetextexit yes \tsm\server\data replace
filetextexit yes /tsm/server/data replace