SFD Collection Clause Samples
The SFD Collection clause establishes the procedures and responsibilities for collecting and managing Structured Financial Data (SFD) relevant to the agreement. Typically, this clause outlines which party is responsible for gathering the required data, the format and frequency of data collection, and any standards or protocols that must be followed. By clearly defining these processes, the clause ensures that all necessary financial information is consistently and accurately collected, reducing the risk of misunderstandings or data discrepancies between the parties.
SFD Collection. SFD Collection Services shall only occur between the hours of 6:00 a.m. and 6:00 p.m., Monday through Friday, with no regularly scheduled service on Saturday or Sunday. The hours, days, or both of Collection may be temporarily extended due to extraordinary circumstances or conditions.
SFD Collection. SFD Collection Services shall only occur between the hours of 6:00
