MLchartDataset catalogue

Novation Agreement

Term · Environment · MLC-T-ENV-019147

Legal instrument - (1) Executed by the - (i) Contractor (transferor);(ii) Successor in interest (transferee); and (iii) Government; and (2) By which, among other things, the transferor guarantees performance of the contract, the transferee assumes all obligations under the contract, and the Government recognizes the transfer of the contract and related assets.

Table 1. Record
IdentifierMLC-T-ENV-019147
FieldEnvironment
References48 CFR 2.101 (CFR 2018)
Record as JSON 
{
  "id": "MLC-T-ENV-019147",
  "term": "Novation Agreement",
  "field": "Environment",
  "definition": "Legal instrument - (1) Executed by the - (i) Contractor (transferor);(ii) Successor in interest (transferee); and (iii) Government; and (2) By which, among other things, the transferor guarantees performance of the contract, the transferee assumes all obligations under the contract, and the Government recognizes the transfer of the contract and related assets.",
  "references": [
    "48 CFR 2.101 (CFR 2018)"
  ],
  "url": "https://mlchart.com/terminology/environment/novation-agreement/"
}

Record 19,147 of 30,736 in Environment terminology (MLC-0121). Request the full dataset.