Novate example sentences

"Novate" Example Sentences

1. The government chose not to novate the contract to another company.
2. The company decided to novate the lease agreement to the new owner.
3. The customer requested that we novate the service agreement to the new business owner.
4. The bank agreed to novate the loan from the original borrower to the new owner.
5. The insurance policy was novated to the new company that bought the assets.
6. The contract stipulated that it could not be novated without the consent of all parties.
7. We novated the supplier agreement to the subsidiary company that took over that business unit.
8. The parties signed a novation agreement formally assigning the contract to the new company.
9. The new owner applied to the landlord to novate the lease in his name.
10. The merger required that many contracts be novated to the new merged entity.
11. They novated all the supplier agreements to the new company after the acquisition.
12. The loan was novated to the new owner of the property securing the debt.
13. The franchisor novated the franchise agreement to the new franchisee.
14. The expired contract was novated to the new service provider.
15. Once the new company bought the assets, all contracts had to be novated.
16. The bank refused to novate the mortgage to the new homebuyer.
17. The parties executed a formal novation agreement to officially transfer the contract.
18. The bank novated the business loan to the new owners of the company.
19. All customer contracts needed to be novated after the acquisition.
20. The original contracting party agreed to novate the agreement to the new company.
21. The sublease was novated to the new tenant who took over the premises.
22. The parties signed a contract assigning, or novating, their rights and duties.
23. They novated all supplier contracts to the new subsidiary handling procurement.
24. The new owner obtained court approval to novate the lease to his name.
25. After a corporate restructuring, many contracts had to be novated.
26. The profit-sharing agreement was novated to the new joint venture entity.
27. The service agreement was novated to the new service provider.
28. We signed a novation agreement to officially transfer the lease to the new company.
29. They novated all customer contracts to the newly formed division.
30. The bank refused to novate the loan to the new business owners.
31. The newly formed partnership novated supplier agreements in its name.
32. The parties executed a novation agreement to formally assign rights to the new party.
33. The bank required that we novate the loan to reflect the new business structure.
34. The landlord refused to novate the lease to the new company purchasing the assets.
35. The customer novated the service contract to the new provider.
36. The debt was novated to the new property owner to reflect the change in ownership.
37. The parties agreed to a novation of their sales agreement to a new entity.
38. All utility contracts needed to be novated after the company's rebranding.
39. They novated many contracts to the new subsidiary formed to handle those businesses.
40. The customer novated the service agreement to the new service provider.
41. The loan was not novated to reflect the change in ownership of the secured asset.
42. The contract was novated to the newly formed joint venture corporation.
43. All customer contracts had to be novated after the management buyout.
44. The debt was not novated to reflect the change in ownership of the collateral.
45. The new owner applied to novate the supplier contracts to his company.
46. The team leader assigned me the task of novating contracts to the relevant subsidiary.
47. The service agreement was novated to the new service provider after the acquisition.
48. They novated the trademark license to the newly formed spinoff company.
49. The contract stipulated that it could only be novated with the consent of both parties.
50. The debt was not novated to reflect the change in ownership of the secured property.
Hope this helps! Let me know if you have any other questions.

Common Phases

1. The contract was novated to the new owner of the company.
2. They novated the lease agreement to the new tenant.
3. The insurance policy was novated to the new policyholder.
4. The bank agreed to novate the loan to the new borrower.
5. The mortgage was novated under the new homebuyer's name.
6. The original party to the contract and the person to whom the rights are to pass must agree to the novation.
7. The new party must agree to take on the responsibilities under the original contract.
8. The contract was novated when the new company acquired the original company.
9. The intention of all parties must be for the original party to be released from liability under the contract.
10. The court approved the novation of the contract to the new business owner.
11. The supplier agreed to novate the supply contract to the new subsidiary company.
12. The franchisor novated the franchise agreement to the new franchisee.
13. The employment contract was novated to the new employer after the acquisition.
14. We novated the equipment lease to the new lessee with the lessor's consent.
15. The bank required that the loan contract be novated to the new borrower.
16. The client requested that we novate the consulting contract to the acquiring firm.
17. The vendor agreed to novate the sale agreement to the new buyer.
18. The licensor novated the license to operate to the new licensee.
19. The new borrower agreed to assume the debt under the novated loan contract.
20. The landlord agreed to novate the lease to the new tenant company.
21. The contracting parties agreed to novate the existing contract to the new contractor.
22. The copyright was novated to the new owner under the terms of the sale.
23. The service contract will need to be novated to the new service provider.
24. The partnership agreement was novated when the new partner joined the firm.
25. The trade credit was novated to the new subsidiary of the customer.
26. All three parties must consent to the novation of the contract.
27. The supplier novated the sales contract to their new subsidiary company.
28. The software license was novated to the new license holder.
29. We novated the trade mark to the new owner after the acquisition.
30. The new company agreed to novate the car leasing contracts for the employees.
31. The will provided for the estate to be novated to the new beneficiary.
32. The customer novated their supply contract to the new division within their company.
33. The performance obligations under the novated contract transfer to the new party.
34. The rights and liabilities under the contract are novated to the new company.
35. The surety agreed to novate the bond to the new principal debtor.
36. The contract was novated when the new company took over the business.
37. They novated the distribution agreement to the new distributor in the region.
38. The motor insurance policy was novated to the new owner of the vehicle.
39. The shareholder agreement was novated to include the new shareholders.
40. The debt was novated to the new creditor after the asset sale.
41. The technology license was novated to the new technology licensee.
42. The tenancy agreement was novated to include the new tenant.
43. The guarantor agreed to novate the guarantee to cover the new borrower.
44. The deed of novation formally transferred the contract to the new party.
45. The farm tenancy was novated to the new farmer taking over the business.
46. The partnership deed was novated to include the new incoming partner.
47. The creditor novated the loan agreement to the new debtor.
48. The contract for services was novated to the new service provider.
49. The new contractor agreed to novate and assume the existing construction contract.
50. All duties and obligations under the novated contract transfer to the new party.
51. The easement was novated to the new landowner under the deed of transfer.
52. The debt was novated to a new creditor as part of the business sale.
53. The transition agreement novated a number of contracts to the new owner.
54. The trustee novated the trust to include the new beneficiaries.
55. The receiver novated the receivership to the new receiver.
56. The new contractor agreed to novate and assume the maintenance contract.
57. The sublease was novated to the new subtenant.
58. The mortgagor agreed to novate the mortgage to the new property owner.
59. The promissory note was novated to the new creditor.
60. The new party agrees to step into the shoes of the original party under the novated contract.