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The Novation Letter Template is an essential legal instrument used in the United Arab Emirates when there is a need to transfer contractual rights and obligations from one party to another. This document is particularly relevant in scenarios such as corporate restructuring, assignment of contracts, or when changing service providers. The template is designed to comply with UAE Civil Code (Federal Law No. 5 of 1985) requirements and is commonly used in both mainland UAE and free zone jurisdictions. It includes essential elements such as clear identification of all parties, specific references to the original agreement, explicit novation language, and appropriate execution blocks that meet UAE legal requirements. The document can be customized for various commercial contexts while maintaining its core legal effectiveness under UAE law.

1. Date: The effective date of the novation

2. Parties' Details: Full legal names and addresses of all three parties: (1) Original Party 1, (2) Original Party 2, and (3) New Party

3. Reference to Original Agreement: Clear identification of the original agreement being novated, including its date and parties

4. Background/Recitals: Brief explanation of the original agreement and reason for novation

5. Novation Statement: Clear statement of the intention to novate and the effective date

6. Transfer of Rights and Obligations: Express statement of transfer of rights and obligations to the new party

7. Release of Original Party: Clear statement releasing the outgoing party from obligations

8. Governing Law: Confirmation that UAE law governs the novation

9. Execution Block: Signature blocks for all three parties with appropriate attestation requirements