Common use of Purpose and Duration Clause in Contracts

Purpose and Duration. 11.2.1. Providing the Service(s) to Company. 11.2.2. Complying with its obligations under the Data Protection Laws and any similar obligations. 11.2.3. Personal Data is processed by ▇▇▇▇▇▇ for the provision of the Services pursuant to this Agreement. Personal Data shall be processed by ▇▇▇▇▇ for the duration of the particular transaction and will not be retained by Azimo beyond the time period that is legally necessary to do so (for example, seven (7) years in Canada, five (5) years in the UK). Upon completion of the Service(s), or on termination or expiration of the Agreement, Azimo will delete all copies of Personal Data in its possession, excluding any Personal Data which it is required to retain to comply with regulations, and shall ensure that any duplicate or backup copies are destroyed.

Appears in 3 contracts

Sources: Payment Services Agreement, Payment Services Agreement, Payment Services Agreement