Common use of Tolerance Levels Clause in Contracts

Tolerance Levels. As the service relates to the management of client account balances and cash, the service has moderate tolerance to disruptions or delays (up to one week). Non-performance of the service over the short term will extend the timelines for collection of cash and matching to client accounts, resulting in inaccurate records.

Appears in 3 contracts

Samples: Binder Agreement (Fidelis Insurance Holdings LTD), Binder Agreement (Fidelis Insurance Holdings LTD), Binder Agreement (Fidelis Insurance Holdings LTD)

AutoNDA by SimpleDocs

Tolerance Levels. As the service relates to the management of client account balances and cash, the service has moderate tolerance to disruptions or delays (up to one week). Non-performance of the service over the short term will extend the timelines for collection of cash and matching to client accounts, resulting in inaccurate records. Service interruptions may also elevate risks of CASS breaches.

Appears in 3 contracts

Samples: Binder Agreement (Fidelis Insurance Holdings LTD), Binder Agreement (Fidelis Insurance Holdings LTD), Binder Agreement (Fidelis Insurance Holdings LTD)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.