Novation And Amendment Agreement Template for Germany

1. Costs and Expenses: Allocation of costs related to the novation and amendments - include when significant costs are involved

2. Tax Provisions: Special tax considerations and allocations - include when the novation has significant tax implications

3. Transitional Provisions: Temporary arrangements during transition period - include for complex novations requiring phased implementation

4. Confidentiality: Specific confidentiality obligations - include when sensitive information is involved or existing confidentiality provisions need modification

5. Third Party Rights: Provisions addressing impact on third party rights - include when third party interests are affected

6. Further Assurance: Obligations to execute additional documents - include for complex novations requiring additional documentation

7. Partial Invalidity: Severability provisions - include when agreement is particularly complex or risky

1. Original Agreement: Copy of the agreement being novated and amended

2. Amendments Table: Detailed table showing original clauses and corresponding amendments

3. Transfer Documents: Any specific transfer documentation required under German law

4. Consent Letters: Copies of any third party consents required for the novation

5. Assets and Liabilities Schedule: Detailed list of assets and liabilities being transferred in the novation

6. Completion Requirements: Checklist of actions required to complete the novation