Novation Clause

Novation Clause - 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.

Class Information

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Identification

Label (rdfs)
Novation Clause
Preferred Label
None
Alternative Labels
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Identifier
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Definition and Examples

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
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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

Class Relationships

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Additional Information

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Description
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Notes
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Deprecated
False

Metadata

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