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A waiver is often written, such as a disclaimer that has been accepted, but it may also be spoken between two or more parties. When the right to hold a person liable through a lawsuit is waived, the waiver may be called an exculpatory clause , liability waiver , legal release , or hold harmless clause.
Waiver is the voluntary relinquishment, surrender or abandonment of some known right or privilege. Forfeiture is the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform, etc.
A liability waiver is a legal document that a person who participates in an activity may sign to acknowledge the risks involved in their participation. By doing so, the company attempts to remove legal liability from the business or person responsible for the activity.
Secretary of State Marco Rubio issued the waiver on Tuesday night after aid groups worldwide warned that the blanket ban on foreign aid funding and activity for 90 days had put millions of lives ...
Until USAID food purchases and deliveries resumed late Monday as part of a waiver, more than 475,000 metric tons of U.S. food commodities − corn and cornmeal, lentils, pinto beans, rice, sorghum ...
In the mechanics lien process, a lien waiver is a document from a contractor, subcontractor, materials supplier, equipment lessor or other party to the construction project (the claimant) stating they have received payment and waive any future lien rights to the property (of the owner) for the amount paid.
A waiver is a voluntary relinquishment or surrender of some known right or privilege. Waiver or waivers may also refer to: Waivers (sports), a type of player transaction common to the four North American major league sports: Waivers (NFL) Waivers (NHL) Waivers (MLB) Waivers (NBA) Executive waiver, an administrative tool of the Executive Branch ...
A reservation of rights permits an insurer to fulfill its broad duty to defend [4] while avoiding waiver, estoppel, or forfeiture of rights [5] or being bound by a judgment entered against its policyholder [6] and serves to warn the policyholder to take steps to protect oneself from the reserving insurer. [7]