Waiver: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 14/8/13) |
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The voluntary and intentional surrender of a known right or claim. | The voluntary and intentional surrender of a known right or claim. | ||
Often applies to loan agreements when a minor covenant breach has occurred and, potentially, a default might result. | Often applies to loan agreements when a minor covenant breach has occurred and, potentially, a default might result. | ||
== See also == | == See also == | ||
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* [[Event of default]] | * [[Event of default]] | ||
* [[Loan agreement]] | * [[Loan agreement]] | ||
Revision as of 10:06, 14 August 2013
The voluntary and intentional surrender of a known right or claim.
Often applies to loan agreements when a minor covenant breach has occurred and, potentially, a default might result.
