waiver

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Waiver

A statement of the voluntary surrender of a right. For example, suppose a company provides customers a service that might be dangerous, such as bungee jumping. The company may require customers to sign a waiver relinquishing the right to sue the company for negligence if a problem occurs. This reduces the company's risk in the conduct of its business.

waiver

The voluntary relinquishment of a known right, remedy, claim, or privilege.
References in periodicals archive ?
Further, the judgment should explicitly provide that the waiving spouse will take all necessary steps to waive her interest and will sign any such documents upon presentation.
I don't see a reason not to consider waiving the fees we can waive," Mr.
waiving availability restrictions on insurance checks
The article proclaims that "by waiving your company's rights to loss recoveries in exchange for lower prices on contracts-- typically for construction projects, maintenance work, leases and equipment purchases--you face the prospect of deductibles and uninsured losses, business interruptions and cost overruns, as well as longterm premium increases and legal repercussions, not to mention the potential for damage to corporate reputation and lost market share.
I want to know about the decision to waive, did you talk to a lawyer for advice on waiving your right to counsel because I saw you talking a while ago.
Waiving attorney-client privilege for documents that the prosecution can use against the individual employees puts these individuals at a significant disadvantage.
H argued he was entitled to the dependency exemptions because H and W lived apart at all times during the years in issue and W signed Form 8332 waiving her dependency claim for 1987 and all future years.
Third, we will note that [paragraph] 17(2) is important in helping landlords defeat the argument frequently made by tenants that when the landlord re-lets after a tenant prematurely abandons, the landlord is waiving its right to collect the balance of the rent due.
On Thursday, May 13, 2004 and Friday, May 14, 2004, HealthSouth announced that a majority of the holders of its 8 1/2 % senior notes due 2008 and its 10 3/4 % subordinated notes due 2008 had executed consents waiving defaults under those indentures, and HealthSouth extended the deadline with respect to the Company's consent solicitation for its five remaining bond issues through May 20, 2004.
Court will review what are the motives behind issuance of circular-29 in connection with waiving the loans, CJP remarked.
We didn't see any problem with waiving the preliminary hearing.
Although high-ranking SEC officials acknowledge the companies' dilemma--that is, to choose between a qualified financial statement and waiving protection for confidential tax advice--the SEC believes this tax information is vital.