Exempel på novation

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

• First, the contracts could be transferred automatically to the right-to-manage company by a statutory novation.

• The problem with statutory novation is that the right-to-manage companies will be extremely weak financially.

• 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.

• Novation leaders are attracted to technology-enabled service businesses with a differentiated value proposition for their customers.

• Registration of transfer is a type of novation.

• If the original obligation is void, the novation is also void.

• This process of transferring the trade title to the clearing house is called novation.

• The first four of these acts are collectively termed a novation.

• A contract transferred by the novation process transfers all duties and obligations from the original obligor to the new obligor.

• Few judicial proceedings lead to novation; where they do, it is the damages awarded by the court that novate the contract.

• There is a presumption against novation, so that where there is doubt the court prefers not to imply a novation.

• In this context, novation is considered a form of risk management.

• Prescription ends when novation occurs.

• 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.