Deed of Novation definition

Deed of Novation means the deed of novation dated on or about the date of this Agreement between the Vendor, the Purchaser and SGE pursuant to which the Vendor novates its rights and obligations under the Joint Operating Agreement to the Purchaser.

Deed of Novation means the document to be entered into between ERHC Energy and the Farmor wherein ERHC Energy shall transfer by way of novation all its liabilities and obligations pursuant to and in respect of the Contract to the Farmor and the Farmor agrees to accept such liabilities and obligations.

Deed of Novation means a deed of novation on terms required by BGC, including a term in which the Transferee agrees to assume the obligations of the Applicant under the Agreement and a new guarantor agrees to assume the

Examples of Deed of Novation in a sentence

• Any novation will be contingent on the new entity meeting all eligibility requirements under the grant program and must be executed by a Deed of Novation between the Parties.

• Only the parties and their relevant details can be changed by way of a Deed of Novation and no updates to the requirements or terms of the Grant Agreement will be made.

• The selected Tenderer will be required to execute a Deed of Novation and Substitution, in the appropriate form, to ensure the rights of DFAT, in the event of DFAT issuing a note of substitution, at the time of executing the contract.

• If the Contractor wishes to assign any of its rights (e.g., assign payment to another entity) whether internal or external to its organization, any such assignment shall be effectuated via a Deed of Assignment, and if Contractor is to be, may be/or will be acquired either in part, substantially, or entirely by an outside entity, Contractor shall effectuate such an action via a Deed of Novation.

• The Contractor agrees that it will accept a novation of the agreements between the Commonwealth and the Commonwealth's Novated Design Consultants by: executing a Consultant Deed of Novation (completed with all relevant particulars) for each of the Commonwealth's Novated Design Consultants; delivering those deeds to the Commonwealth on the Award Date; and thereafter having the Commonwealth's Novated Design Consultants complete the design of the Works.

More Definitions of Deed of Novation

Deed of Novation means the deed of novation in the form set out in Attachment 4;

Deed of Novation means the deed substantially in accordance with the format set out in Annexure C.

Deed of Novation means the deed of novation to be entered into by Seller, Buyer and the Company at the Closing substantially in the form of Exhibit B.

Deed of Novation means the deed of novation dated 13 December 2017 (with

Deed of Novation has the meaning given to it in Clause 15 (Novation Proposal); "Dispute" has the meaning given to it in Clause 39 (Arbitration);

Deed of Novation means a deed of novation entered into or to be entered into between a prospective Lender (acting by its agent, Relendex), the purchasing Lender (acting by its agent, Relendex) and the relevant Borrower in the form set out in the relevant Loan Facility Agreement whereby the Lender becomes a party to the relevant Loan Facility Agreement in the capacity of a Lender;

Deed of Novation means the deed of novation providing for a novation of this Agreement to a novatee in the Agreed Form as set out in Appendix 13 with such amendments as shall be agreed between the Council and the Buyer (or its successor);