Common use of Criteria For Determining Retention Periods Clause in Contracts

Criteria For Determining Retention Periods. Otherwise than is excepted to in the following section, we retain Data Subjects personal data for no longer than necessary, considering the following: the purpose(s) and use of Data Subjects information both now and in the future (such as whether it is necessary to continue to store that information to continue to perform our obligations under a contract with Data Subjects or to contact Data Subjects in the future); whether we have any legal obligation to continue to process Your data (such as any record-keeping and reporting obligations imposed by relevant law or regulation); whether we have any legal basis to continue to process Your data (such as Data Subjects consent); any relevant agreed industry practices on how long information should be retained; the levels of risk, cost and liability involved with us continuing to hold the information; how hard it is to ensure that the information can be kept up to date and accurate; and any relevant surrounding circumstances (such as the nature and status of our relationship).

Appears in 8 contracts

Samples: Payment Services Framework Contract, Payment Services Framework Contract, Payment Services Framework Contract

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