In the Participation Agreement for the Operational Phase between EMVO and the OBPs, the parties agree on the below, with respect to the EMVO Gateway. Kindly note that all the other provisions, related to the EMVO Gateway stipulating the parties’ rights and obligations, will remain in full force and effect as long as EMVO provides the EMVO Gateway.
“Moreover at least during the EMVS Implementation Phase and until 29 February 2020, EMVO shall provide the OBP with the EMVO Gateway and the parts of the EMVO Documentation necessary to develop, implement, test, use and operate the EMVO Gateway. EMVO reserves the right, throughout the Term of this Agreement, in its own right and without giving any reason and without any indemnity or other liability being due to the OBP, to review the provision of the EMVO Gateway in general and to either suspend or discontinue it or otherwise modify its terms by giving prior sufficient notice to the OBP”
“The EMVO Gateway will be made available for free during the EMVS Implementation Phase and may be provided upon payment of a fee during the EMVS Operational Phase but, in no case earlier than May 2019 (meaning that the provision of the EMVO Gateway will be for free until May 2019), it being agreed that such fee will be notified by EMVO to the OBP four months before its entry into force”