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A waiver of a default refers to the intentional relinquishment or abandonment of a right to claim that a party has defaulted on a contract or obligation. This means that the party entitled to enforce the terms of the contract chooses not to pursue legal remedies for the default, often allowing the defaulting party to continue fulfilling their obligations without penalties. Waivers can be partial or complete and may be based on the circumstances surrounding the default, such as a temporary setback or mutual agreement to extend deadlines.
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What does CDW excess mean?
Collision Damage Waiver
What does waiver of preliminary hearing mean?
A waiver of preliminary hearing means that it has been decided, or agreed, that no preliminary hearing is needed and so none will be held.
What collision damage waiver with no excess mean?
collission damage with no excess
What does default amount mean?
the number the item in question is set to automatically
What does default notice not entered mean?
What is next after notice of default is entered
What are the three types of judicial waiver?
judicial, prosecutorial waiver and legislative waiver
What does its mean on a lien waiver?
In the context of a lien waiver, "its" typically refers to the entity or individual that is granting the waiver. A lien waiver is a legal document in which a contractor, subcontractor, or supplier relinquishes their right to file a lien against a property, often in exchange for payment. The term "its" signifies the party's acknowledgment of the waiver's terms and conditions, indicating their agreement to forgo any claims against the property related to unpaid work or materials.
What does default mean in financial terms?
It means that the borrower did not pay as promised. It means you are in default on the loan.
What does default mean in DS?
Default means original whatever conifguration it changes to its original settings.
What is waiver in Tagalog?
Tagalog translation of WAIVER: paubaya
What is a Notice of Rescission of Declaration of Default and Demand for Sale and Notice of Default?
A Notice of Rescission of Declaration of Default is a mortgage loan that was once in default, and a notice of default would mean that the loans are still currently foreclosed in a way.
What is a visa waiver?
First of all, the term "waiver" comes up in Immigration law more than once and, in more than one case the term is related to a visa. Most commonly, "visa waiver" and "waiver of inadmissibility." There is a difference between a visa waiver and a waiver of inadmissibility. A visa waiver applies when a qualifying alien comes to the United States without formally applying for a waiver at a US consulate.
