Novation Notice definition

Novation Notice means the notice served on the Collection Contractor in accordance with this Schedule 3 and the Collection Contract;

Novation Notice means a notice substantially in the form set out in Schedule 5;

Novation Notice has the meaning given in Section 10(a).

Examples of Novation Notice in a sentence

• With effect from the date on which a Novation Notice is executed by the Transferring Bank and the Permitted Transferee and served on the Company (the “Novation Date”), the provisions of Clause 10.3 shall have effect (but not otherwise).

• Coordinating bodies shall adopt relevant approaches based on the different thematic areas of disaster management (Risk Assessment; Risk Reduction; Preapredness, Prevention and Mitigation; Response; and Recovery).

• Within five Business Days of the receipt of a Proposed Novation Notice and all information required under Section 4.2, the Material Project Contractor will notify the Authority in writing that it has consented to the novation and if the Material Project Contractor has not consented, an explanation of its reasons to withhold its consent.

• If the Proposed Novation Notice specifies the Authority as the Proposed Substitute, the Material Project Contractor's consent to the novation will be deemed to have been given.

• The parties acknowledge and agree that nothing in this special condition 15 or this contract obliges the Seller to deliver Transfer Documents executed by the Mortgagee under special condition 15.1 or to give a Novation Notice under special condition 15.2.

More Definitions of Novation Notice

Novation Notice has the meaning given in clause 8.1(a).

Novation Notice means a notice given by the Security Trustee to the Offtaker pursuant to Clause 9.1 (Proposed Substitution) specifying: (a) the identity of the proposed Substitute; and (b) the Proposed Novation Date; Party means a party to this Deed;

Novation Notice means a notice from TfL to the Sub-Contractor specifying TfL's intention to require the Sub-Contract to be novated to a New Service Provider or to itself in circumstances of the termination or partial termination of the Services Agreement and stating the identity of the New Service Provider (where applicable) and the Proposed Novation Date;

Novation Notice shall bear the meaning ascribed thereto in Clause 17;

Novation Notice has the meaning given in Schedule 4 – Lenders’ Direct Agreement.

Novation Notice shall have the meaning set out in Clause 5.1 below;

Novation Notice means a notice substantially in the form set out in Schedule 3