Novation agreements are used when a new contract replaces an old one. Novations carry certain features that make them distinct from other types of similar agreements, namely in that the original debtor will be completely released from their obligation; said obligation is then transferred to a new party. There are many variations to novations because the transactions are dependent on the specific agreement between the parties. It is recommended to read through several different types of novations to become accustomed to the language and structure of these agreements. A membership with RealDealDocs will allow you to do this quickly and easily.
Here are 5 novation agreements currently available on RealDealDocs.com:
ACACIA DIVERSIFIED HOLDINGS, INC.
Acacia Chattanooga Vehicle Auction, Inc
CAA Liquidation, LLC
Chattanooga Auto Auction Limited Liability Company
Chattanooga Auto Auction, Inc
AIR LEASE CORP
Air Lease Corporation
Vietnam Aircraft Leasing Joint Stock Company
SOUTH AFRICAN AIRWAYS (PTY) LTD
WELLS FARGO BANK NORTHWEST, NATIONAL ASSOCIATION
JPMorgan Chase Bank, NA
AFFILIATE INVESTMENT, INC.
FORTIS BANK SA
International Swaps and Derivatives Association, Inc