The Novation Letter Template UK is offered in several formats, including PDF, Word, and Google Docs, featuring both editable and printable options.
Novation Letter Template UK Editable – PrintableSample
Novation Letter Template UK 1. Original Parties Information 2. New Party Information 3. Details of the Existing Agreement 4. Consent to Novation 5. Effective Date of Novation 6. Acknowledgment of Terms 7. Original Party Rights and Obligations 8. New Party Responsibilities 9. Governing Law and Jurisdiction 10. Signatures and Agreement 11. Declaration and Signatures
PDF
WORD
Examples
[Name of the Original Party]
[Original Party’s ID]
[Original Party’s Address]
[Original Party’s Phone]
[Original Party’s Email]
[Name of the New Party]
[New Party’s ID]
[New Party’s Address]
[New Party’s Phone]
[New Party’s Email]
[Name of the Continuing Party]
[Continuing Party’s ID]
[Continuing Party’s Address]
[Continuing Party’s Phone]
[Continuing Party’s Email]
[Date of Novation]
This letter serves as a formal notification of the novation of the contract originally made between [Original Party] and [Continuing Party] dated [Original Contract Date], transferring all obligations and rights under that contract to [New Party].
The Original Party wishes to transfer their rights and obligations to the New Party, and the Continuing Party agrees to such transfer under the terms stated herein.
The Continuing Party hereby agrees to accept the New Party as a substitute for the Original Party, thereby releasing the Original Party from all liabilities, responsibilities, and obligations under the original agreement effective immediately.
The New Party hereby acknowledges that they are aware of the commitments and obligations associated with the original contract and agree to fulfill them as if they were the Original Party.
Except as expressly stated in this novation letter, all terms, conditions, and provisions of the original agreement shall remain in full force and effect.
This letter shall be governed by and construed in accordance with the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the Original Party]
[Name of the Original Party]
[Signature of the New Party]
[Name of the New Party]
[Signature of the Continuing Party]
[Name of the Continuing Party]
[Name of the Original Party]
[Original Party’s ID]
[Original Party’s Address]
[Original Party’s Phone]
[Original Party’s Email]
[Name of the New Party]
[New Party’s ID]
[New Party’s Address]
[New Party’s Phone]
[New Party’s Email]
[Name of the Continuing Party]
[Continuing Party’s ID]
[Continuing Party’s Address]
[Continuing Party’s Phone]
[Continuing Party’s Email]
[Date of Novation]
This letter confirms the agreement between the parties to novate the original contract between [Original Party] and [Continuing Party] dated [Original Contract Date], transferring the obligations and rights therein to [New Party].
The Original Party intends to assign their rights and obligations to the New Party, which the Continuing Party has consented to in accordance with this letter.
The New Party agrees to accept all responsibilities and liabilities arising from the original contract as of the effective date of this novation.
The Continuing Party acknowledges that upon this novation, the Original Party shall be released from all obligations, and the New Party will assume those obligations as detailed in the original agreement.
This novation is effective as of [Effective Date], and all provisions of the original agreement shall remain unchanged except for the parties involved.
This letter shall be interpreted in accordance with the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the Original Party]
[Name of the Original Party]
[Signature of the New Party]
[Name of the New Party]
[Signature of the Continuing Party]
[Name of the Continuing Party]
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