Nearest as I can find, "rescendent" is not a word at all.
'rescind'/ 'rescinding Verb: Revoke, cancel, or repeal (a law, order, or agreement) [Latin rescindere : re-, re- + scindere] however, is.
So I think the word you meant to smith was 'rescindent'. Otherwise, I have noooo idea what 'rescendent' would mean at all.
"Ya can hoot, ya can holla-make any noise ya like! But if ya cant chant, oh if ya cant chant, well…ya no cult o' mine!" http://www.youtube.com/watch?v=7movKfyTBII
~Ishkokum Mes Mosof She'res~
"Congratulations, you can link to TV Tropes. This does not mean you have special insight into the storytelling process, much less the author's mind. Stories don't need to fit into neat boxes, you know.