Novate definition

Novate means the substitution of an old obligation with a new one that either replaces an existing obligation with a new obligation or replaces an original party with a new party;
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Novate or "novation" shall be construed as an assignment of rights and an assumption of obligations;
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Novate and “novation” means to substitute, with the consent of all parties to the access contract and with effect on and from a date nominated as the effective date of the novation, an assignee for an assignor as a party to an access contract, with the result that:
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Examples of Novate in a sentence

  • Novate this Contract to any other body (including but not limited to any private sector body) which substantially performs any of the functions that previously had been performed by any Contracting Authority.

  • The Contractor shall not assign or sub-contract any portion of the Contract nor Novate the Contract, to a Sub-contractor, without the prior written consent of the Authority, with the sole exception that the Contractor may assign the debt arising under the Contract to a factor or invoice discounter without prior Approval.

  • The Contractor shall not assign or sub-contract any portion of the Contract nor Novate the Contract, without the prior written consent of the Authority, with the sole exception that the Contractor may assign the debt arising under the Contract to a factor or invoice discounter without prior Approval.

  • Funaki, MD, Riverside, IL (Presenter) Data Safety Monitoring Board, Novate Medical LtdLEARNING OBJECTIVES1) Describe the rationale for treating arteriovenous malformatoins from a venous approach.ABSTRACTThis short lecture will review treatment of AVMsRC614-04 Bariatric Embolization Participants Thursday, Dec.

  • Over the course of the year, this item increased slightly, due mainly to work on the headquarters on Via Santa Croce and the offices in Venice.‘Equipment’ (item A.III.3 – Final net book value) mainly comprises various equipment used at the offices in Milan, Rome and Venice and at the warehouses in Novate Milanese and Rome.

  • For example, good sex education programmes will be unlikely to have measurable impacts if there are no supportive and accessible local services, and /or if families are unwilling to engage, and/or if local community norms are strongly in support of early childbearing, and/or if gender attitudes are such that young women have little power over events, and so on.

  • If the Policyholder does not accept such MAC Renewal Offer, such Coinsured Contract, including in connection with any continuation of insurance, conversion and/or portability provisions set forth in the Coinsured Contract, and any renewals thereof with the Ceding Company shall remain subject to Reinsurer’s obligation to assume and Novate each Coinsured Contract as its direct obligation in accordance with the terms herein and of the Assumption Agreement.

  • Analysis of the acoustic pollution existing in future directional and residential area, just beside the railway in Novate Milanese (MI) (June ‘95).

  • Furthermore a combination of DBB and D&C approaches can occur when the client chooses to novate the designer from preliminary works over to the construction contractor to form the Design, Novate & Construct (DN&C) parties.

  • The Supplier shall not Assign, Novate or otherwise dispose of any part of its rights and/or obligations under this Individual Contract without the explicit written authority of the Contracting Authority/Customer which will not be unreasonably withheld.


More Definitions of Novate

Novate means to reassign the rights and obligations of your lease contract. All your rights and obligations of the contract are taken over by Optus for the term of the lease: other than those which relate to termination or early expiry of the lease, i.e. the residual value. A Novation agreement between you and Optus allows a portion of the running and finance costs to be deducted from your salary pre tax.
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Novate and “Novation” shall have that meaning as set forth in the Federal Acquisition Regulation at Subpart 42.12 wherein a Governmental Entity may, when in its interest, recognize a third party as the successor in interest to a U.S. Government Contract when the third party’s interest in the Contract arises out of the transfer of all of the contractor’s assets, or the portion of the assets involved in performing the Contract. It shall also mean and include the assignment or other transfer of other Contracts that require the consent of or notice to the applicable counterparty to such Contracts, including without limitation. Customer Contracts to perform work for non-U.S. Government Customers (i.e., when the other contracting party is not a U.S. Governmental Entity), and Contracts to perform and/or procure work for the benefit of U.S. Government Customers or other Customers (e.g., in the case of subcontracts executed by a prime contractor that support performance of a U.S. Government Contract).
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Novate or “Novated” means the Parties have agreed to fully transfer the rights and obligations of the entire contract from Clearwire to Supplier. It is understood that until such novation is complete for a specific contract Clearwire is still the legal party to that contract.
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Related to Novate

  • Novation means the process or the act of replacing the party in any agreement (including any sub-license in respect of the SFM Project), by another party such that the agreement transferred by the Novation process transfers all rights, duties and obligations from the original obligor to the transferee/ new obligor;

  • Parties to the Contract means the ‘The Vendor’ and the Purchaser as named in the main body of the Purchase Order.

  • Charterparty Assignment means, in relation to a Ship, the deed of assignment of any Charterparty in favour of the Security Trustee, in such form as the Lenders may approve or require;

  • Third Party Contract means a contract between Metrolinx and any other Person which is in any way related to, impacts or is impacted by the Services and/or the Consultant’s acts or omissions, whether expressly identified to the Consultant or not.

  • Supplier Agreement means this overarching agreement, consisting of these terms and conditions and any schedules to them, setting out the arrangements for management of the DPS, the process to apply when a Customer wishes to award Service Agreements via the DPS and the terms and conditions applicable to the carrying out of Service Agreements;

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • TRIPS Agreement means the Agreement on Trade-Related Aspects of Intellectual Property Rights;

  • Charter Assignment means a specific assignment of each Extended Employment Contract required to be executed hereunder by any Borrower in favour of the Security Trustee (including any notices and/or acknowledgements and/or undertakings associated therewith) in such form as the Agent and the Majority Lenders may require in their sole discretion;

  • Program Agreements means, collectively, this Agreement, the Guaranty, if any, the Custodial Agreement, the Pricing Side Letter, each Underlying Entity Agreement, if any, the Administration Agreement, the Electronic Tracking Agreement, if any, the Netting Agreement, the Custodial Account Control Agreement, each Holdback Account Control Agreement, if any, each Power of Attorney, each Servicing Agreement, if any, and each Servicer Notice, if any.

  • Third Party Agreements means any Contract between or among a Party (or any member of its Group) and any other Persons (other than the Parties or any member of their respective Groups) (it being understood that to the extent that the rights and obligations of the Parties and the members of their respective Groups under any such Contracts constitute Versum Assets or Versum Liabilities, or Air Products Retained Assets or Air Products Retained Liabilities, such Contracts shall be assigned or retained pursuant to Article II).

  • Key Sub-Contract means each Sub-Contract with a Key Sub-Contractor;

  • Third Party Agreement has the meaning set forth in Section 6(a) hereof.

  • Customer Agreement means a written agreement entered into between Provider and any Customer pursuant to which a Customer orders BPO Services from Provider.

  • Third Party Contracts means any agreements entered into by the Retailer and/or the Customer with any third parties, such as the Transmission Licensee and the MSSL, to enable the Retailer to retail electricity to Contestable Consumers. For the purposes of this Electricity Agreement, Third Party Contracts shall include, but is not limited to, the Retailer Use of Systems Agreement, the Market Support Services Agreement, and the Power System Operator•Market Participant Agreement (as defined under the Market Rules);

  • Restructuring Agreement shall have the meaning set forth in the recitals.

  • Licence Agreement means an agreement (whether or not in writing) between the owner of student accommodation and a student giving a licence to the student;

  • Related Party Contract means any Contract between or among one or more of the Company and the Company Subsidiaries, on the one hand, and any Related Party of the Company or any Company Subsidiary, on the other hand.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures, contained in Annex 1A to the WTO Agreement;

  • Clean Team Agreement means the Clean Team Agreement, dated as of March 24, 2019, by and among Buyer, Seller and their respective Subsidiaries and Affiliates.

  • Existing Agreements means the [*****].

  • mortgage agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;

  • Third Party Consent means any Consent of a Person other than a Governmental Authority.

  • Novation Agreement means a legal instrument—

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Side Agreement means the Side Agreement for Transfer Agency Services between the Customer and Transfer Agent dated as of January 1, 2015.

  • Existing Agreement has the meaning set forth in the recitals hereto.