an agreement to discharge a contract and replace it with a new one
novation
Examples of novation include when a new party takes over a contract and assumes the rights and obligations of one of the original parties, such as when a new tenant replaces an existing tenant on a lease agreement. Novation can also occur in mergers and acquisitions, where the acquiring company agrees to honor the contracts of the target company.
E-Novation was created in 2002.
Novation Digital Music Systems was created in 1992.
A Deed of Novation is used where one party transfers its rights and obligations under a contract to another party. A novation usually happens when the seller of a business transfers the contracts with his customers to the buyer. The consent of all three parties - the transferee, the transferor and the other contracting party - is required to effect the novation.
Fringe - 2008 Novation 4-5 is rated/received certificates of: Netherlands:12
agreement agreement
NOVATION
Agreement
Concord can refer to agreement, harmony, or a state of peace and cooperation. It can also mean a formal agreement between parties.
consensus
Agreement or Treaty