Common use of Tolerance Levels Clause in Contracts

Tolerance Levels. As this service relates to ongoing accounting processes, there is moderate tolerance to disruptions or delays (up to one week). Non-performance of the service would result in poor visibility of sources and uses of cash, requiring the Underwriter to hold higher cash balances, or longer payment times in order to obtain sufficient cash to make payments as arising.

Tolerance Levels. As this service relates to ongoing accounting processes, there is moderate tolerance to disruptions or delays (up to one week). Non-performance of the service would result in poor visibility a backlog of sources and uses of cashprocessing activity accumulating, requiring the Underwriter which would require clearing prior to hold higher cash balances, or longer payment times in order to obtain sufficient cash to make payments as arisingfinancial reporting occurring.