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单词 novation
释义

Examplesofnovation

novation
The circumstances appear rather closer to that of anovationor assignment where the freeholder must be specifically released from the obligation.
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First, the contracts could be transferred automatically to the right-to-manage company by a statutorynovation.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
The problem with statutorynovationis 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 theOpen Parliament Licence v3.0
To define adoption asnovationdefeats the purpose of the provision, sincenovationconstitutes 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 theOpen Parliament Licence v3.0
Novationleaders are attracted to technology-enabled service businesses with a differentiated value proposition for their customers.
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Registration of transfer is a type ofnovation.
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If the original obligation is void, thenovationis also void.
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This process of transferring the trade title to the clearing house is callednovation.
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The first four of these acts are collectively termed anovation.
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A contract transferred by thenovationprocess transfers all duties and obligations from the original obligor to the new obligor.
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Few judicial proceedings lead tonovation; where they do, it is the damages awarded by the court that novate the contract.
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There is a presumption againstnovation, so that where there is doubt the court prefers not to imply anovation.
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In this context,novationis considered a form of risk management.
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Prescription ends whennovationoccurs.
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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.
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Wikipedia
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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.
#https://dictionary.cambridge.org//dictionary/english/novation##
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更新时间:2024/12/28 2:05:54