tiktok³ÉÈ˰æ

Partial Novation Agreement Template for England and Wales

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Partial Novation Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Partial Novation Agreement

"I need a Partial Novation Agreement to transfer 60% of our software development services obligations to our new subsidiary company, while keeping the remaining maintenance obligations with our original entity, with the transfer to take effect from March 1, 2025."

Document background
A Partial Novation Agreement is utilized when there is a need to transfer some, but not all, rights and obligations from an existing contract to a new party under English and Welsh law. This document is commonly used in corporate restructuring, asset sales, or when businesses need to redistribute contractual responsibilities. The agreement carefully delineates which obligations are being transferred and which remain with the original party, ensuring clarity for all parties involved. It must comply with English contract law requirements and typically requires consent from all parties affected by the novation.
Suggested Sections

1. Parties: Identification of all parties involved in the novation (existing, incoming and remaining parties)

2. Background: Context of the original agreement and reason for partial novation, including reference to original contract

3. Definitions: Key terms used throughout the agreement, including 'Effective Date', 'Original Agreement', 'Novated Rights', 'Retained Rights'

4. Novation Provisions: Specific rights and obligations being novated and mechanics of the novation

5. Effective Date: When the novation takes effect and any conditions precedent

6. Continuing Obligations: Original obligations that remain in force between the continuing parties

7. Governing Law: Specification of English and Welsh law as governing law and jurisdiction

Optional Sections

1. Security Provisions: Required if existing security arrangements need to be addressed or new security is being provided

2. Warranties: Additional warranties and representations from the incoming party

3. Costs: Allocation of costs and expenses related to the novation process

4. Third Party Rights: Provisions excluding or limiting rights under the Contracts (Rights of Third Parties) Act 1999

Suggested Schedules

1. Schedule 1 - Original Agreement: Copy of the agreement being partially novated

2. Schedule 2 - Novated Rights and Obligations: Detailed list of specific rights and obligations being transferred to the incoming party

3. Schedule 3 - Retained Rights and Obligations: Detailed list of rights and obligations remaining with the original party

4. Schedule 4 - Required Consents: List of third party consents and regulatory approvals required for the novation

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















Clauses





















Industries

Law of Contract (Common Law): Fundamental principles covering contract validity including offer, acceptance, consideration, and intention to create legal relations, as well as principles of contractual interpretation and doctrine of privity of contract

Law of Property Act 1925: Key legislation governing property rights and their transfer, particularly relevant if the novation involves any property-related rights or obligations

Companies Act 2006: Primary legislation governing company operations in the UK, covering corporate capacity to contract, authority of signatories, and corporate formalities

Contracts (Rights of Third Parties) Act 1999: Legislation governing how third parties may enforce terms of contracts and the ability to exclude third party rights in contractual arrangements

Consumer Rights Act 2015: Legislation protecting consumer rights, applicable if any party to the novation is acting in a consumer rather than business capacity

Financial Services and Markets Act 2000: Regulatory framework for financial services in the UK, relevant if the novation involves regulated financial services or products

Data Protection Act 2018 and UK GDPR: Legislative framework governing the processing and transfer of personal data, applicable if the novation involves transfer of personal data

Statute of Frauds 1677: Historic legislation still relevant today, establishing requirements for certain contracts to be in writing and signed

Civil Procedure Rules: Rules governing civil litigation in England and Wales, relevant for dispute resolution provisions and enforcement

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Partial Novation Agreement

find out more

Novation Of Promissory Note

find out more

Novation Of Lease Agreement

find out more

Novation Employment Contract

find out more

Novation And Amendment Agreement

find out more

Assignment And Novation Agreement

A legal document under English and Welsh law that enables the transfer of contractual rights and obligations between parties, either through assignment or novation.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.