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词汇 novation
释义 novation
noun[ C or U ]
uk /nəʊˈveɪʃən/us
LAW
a situation in which all the parties to a contract (= everyone involved in it) agree that a person named in the contract can be changed for another person, or agree to changes in its conditions:
The most important fact to note is that novation requires the consent or acceptance of all parties to the relevant contract.

Examples of novation


novation
The circumstances appear rather closer to that of a novation or assignment where the freeholder must be specifically released from the obligation.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
First, the contracts could be transferred automatically to the right-to-manage company by a statutory novation.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
The problem with statutory novation is that the right-to-manage companies will be extremely weak financially.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
To define adoption as novation defeats the purpose of the provision, since novation constitutes the creation of a new contract, and that is already covered by the legislation.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Novation leaders are attracted to technology-enabled service businesses with a differentiated value proposition for their customers.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Registration of transfer is a type of novation.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
If the original obligation is void, the novation is also void.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
This process of transferring the trade title to the clearing house is called novation.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
The first four of these acts are collectively termed a novation.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
A contract transferred by the novation process transfers all duties and obligations from the original obligor to the new obligor.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Few judicial proceedings lead to novation; where they do, it is the damages awarded by the court that novate the contract.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
There is a presumption against novation, so that where there is doubt the court prefers not to imply a novation.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
In this context, novation is considered a form of risk management.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Prescription ends when novation occurs.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Novation, as this is called, may also be inferred by the conduct of the parties such as where the terms of the original agreement are changed.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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