How to Use "novate" with Example Sentences

1. Harmonisation of cds contracts meant that , in the jargon , they were easy to " novate " , or transfer to another party .

2. This agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns , fxcm may assign or novate any of our rights , benefits or obligations under this agreement and will provide referring broker written notice of any such assignment or novation .