I think that these become clearer when rewritten with a different restriction symbol and with explicit indexing. We're sending the $I$-indexed set $(f_i)_{i\in I}$ to the $I^2$-indexed set $(f_i\upharpoonright U_i\cap U_j)_{i,j\in I}$, respectively the $I^2$-indexed set $(f_j\upharpoonright U_i\cap U_j)_{i,j\in I}$.
(In particular, I think using "$\vert$" for restriction in the context of set builder notation is unnecessarily confusing. But oh well.)