Common use of Development Phase Clause in Contracts

Development Phase. The Network Service Provider shall present to the Eurosystem a solution for the Network and the Connectivity Services which complies with the current state of science and technology regarding the speed, functionality, security and resilience of virtual private networks (VPN) and which is scalable and has the features and functionalities and complies with the technical operational and business requirements more specifically described in the Specifications (the "Solution"). The Solution must, in particular, provide for a stable and resilient connection of the Network to the unique communication interface of ESMIG. The Eurosystem shall provide the Network Service Provider with the information regarding the unique communication interface of ESMIG which is reasonably required by the Network Service Provider for the design and development of the Solution. The Network Service Provider agrees to cooperate with the Eurosystem to identify best industry practice for increasing, and to agree concrete measures to increase, the stability and resilience of the connection between the Network and the unique communication interface of ESMIG and to include such measures in the Solution. The Solution must also allow for a timely, cost-effective and resilient implementation by the Di.Co.A. For purposes of this Contract, the "Development Phase" shall be the period from the Effective Date until the commencement of the Implementation Phase.