Deed Of Novation And Variation Template for New Zealand

1. Conditions Precedent: Include when the novation and variations are subject to specific conditions being met

2. Security Arrangements: Required when existing security arrangements need to be addressed or new ones established

3. Costs and Expenses: Include when there's a need to specify who bears the costs of the novation and variation process

4. Transitional Provisions: Needed when there's a transition period or specific arrangements for handling matters in progress

5. Representations and Warranties: Include when specific assurances from the incoming party are required

6. Indemnities: Add when specific indemnities are required from any party

7. Confidentiality: Include when handling of confidential information needs specific attention in the context of the novation

1. Schedule 1 - Original Agreement: Copy or details of the agreement being novated and varied

2. Schedule 2 - Variations: Detailed list of all variations being made to the Original Agreement

3. Schedule 3 - Conditions Precedent: If applicable, list of conditions that must be satisfied

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

5. Schedule 5 - Transition Plan: If applicable, detailed plan for implementing the novation and variations

6. Appendix A - Execution Formalities: Specific execution requirements for each party based on their entity type