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- Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A waiver is a legally binding provision where either party in a contract agrees to voluntarily forfeit a claim without the other party being liable.www.investopedia.com/terms/w/waiver.aspThe waiver is a legal document signed and offered by a party to voluntarily forfeit their claim or right for which the other party is not liable. It is given freely without imposing any liability on the other party; on the contrary, it relieves the other party from any obligation to do or pay.www.wallstreetmojo.com/waiver/to decide that you will not ask for something, although you have a right to do so, or that a rule will be ignored: waive a claim/fee/right The bank waived the overdraft fee.dictionary.cambridge.org/dictionary/english/waiveWhen a court evaluates a claim of waiver, their goal is to determine whether or not those rights were given up voluntarily. If this is the case, it is referred to as an express waiver.www.upcounsel.com/waiver-definition-law
Waived Claim means a claim, potential claim, counterclaim, potential counterclaim, right of set -off, indemnity, suit, action, cause of action, right or interest of any kind and nature whatsoever, whether known or unknown, suspected or unsuspected, however (including whether under statute, common law, contract or otherwise) and whenever arising and in whatever capacity and in whatever jurisdiction and under any law whatsoever,...
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