{"iri":"https://folio.openlegalstandard.org/R7qwFGG4GQtcyJtzRIzPSGN","label":"Novation Clause","sub_class_of":["https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"fr-fr":"Clause de novation","es-es":"Cláusula de Novación","es-mx":"Cláusula de Novación","pt-br":"Cláusula de novação","en-gb":"Novation Clause","de-de":"Novationsklausel","he-il":"סעיף נובציה","hi-in":"नोवेशन क्लॉज","ja-jp":"移転条項","zh-cn":"转让条款"},"hidden_label":null,"definition":"A novation clause is a provision in a contract that allows for the substitution of a new party for one of the original parties, thereby releasing the original party from their obligations and transferring them to the new party.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}