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The Hon'ble Supreme Court in P. Dasa Muni Reddy vs P. Appa Rao on 10 September, 19743 has held Waiver to mean as follows: ??.Waiver is an intentional relinquishment of a known right or advantage, benefit, claim or privilege which except for such waiver the party would. have enjoyed.

A waiver agreement is an agreement where either party in a contract agrees to voluntarily forfeit a claim without the other party being liable. A waiver agreement is a demonstration of a party's intent to relinquish a legal right or claim. It is important that the relinquishment is voluntary.

Waivers are written agreements that say the sponsor of an activity will not be liable for harm suffered by participants. Although waivers are primarily legal tools, they also serve an educational purpose by making people think about the potential risks of an activity.

The doctrine of waiver is a legal principle that allows an individual to voluntarily relinquish or abandon a right that is otherwise available to them. In the context of fundamental rights, the doctrine of waiver allows an individual to waive their rights voluntarily and knowingly.

Waiver is the intentional relinquishment of a known right and, in the context of contracts, occurs when one party to a contract either explicitly repudiates its rights under the contract or acts in a manner inconsistent with an intention of exercising them.

For example, if a business chooses not to charge a late fee to a client when the contract terms expressly outline the imposition of a penalty for a late payment, this could be considered a waiver of contract.

: the act of intentionally relinquishing or abandoning a known right, claim, or privilege. also : the legal instrument evidencing such an act.