Common use of Costs and Pricing Clause in Contracts

Costs and Pricing. ‌ 1. Without prejudice to the Change and Release Management procedure and unless otherwise provided in this Agreement, neither Party shall bear any of the costs related to the develop- ment of T2S or the rights and obligations under this Agreement which the other Party incurs during the Development Phase and/or the Operational Phase, and the [NCB] shall not bear any of the costs related to the development of T2S or the rights and obligations under this Agreement which the Eurosystem incurs during the Development Phase and/or the Opera- tional Phase. 2. The [NCB] acknowledges that Schedule 7 shall, to the extent relevant for this Agreement, apply to all T2S Services, including the services provided by the [NCB] to its Dedicated Cash Account Holders in [currency].

Costs and Pricing. ‌ 1. Without prejudice to the Change and Release Management procedure and unless otherwise provided in this Agreement, neither Party shall bear any of the costs related to the develop- ment of T2S or the rights and obligations under this Agreement which the other Party incurs during the Development Phase and/or the Operational Phase, and the [NCB] shall not bear any of the costs related to the development of T2S or the rights and obligations under this Agreement which the Eurosystem incurs during the Development Phase and/or the Opera- tional Phase. 2. The [NCB] acknowledges that Schedule 7 shall, to the extent relevant for this Agreement, apply to all T2S Services, including the services provided by the [NCB] to its Dedicated Cash Account Holders in [currencyin[currency].

Costs and Pricing. ‌ 1. Without prejudice to the Change and Release Management procedure and unless otherwise provided in this Agreement, neither Party shall bear any of the costs related to the develop- ment of T2S or the rights and obligations under this Agreement which the other Party incurs during the Development Phase and/or the Operational Phase, and the [NCB] shall not bear any of the costs related to the development of T2S or the rights and obligations under this Agreement which the Eurosystem incurs during the Development Phase and/or the Opera- tional Phase. 2. The [NCB] acknowledges that Schedule 7 shall, to the extent relevant for this Agreement, apply to all T2S Services, including the services provided by the [NCB] to its Dedicated Cash Account Holders in [currency].