Condition waiver contract law
Waiver of Contract Law and Legal Definition Waiver of contract is a voluntary and intentional relinquishment or renunciation of a contract right by some positive act or omission inconsistent with the existence of such right. Waiver clauses, then, are clauses in a contract that govern (1) how a party to the contract can waive a right and (2) what happens when a party to the contract waives the right. To highlight how a waiver clause might work by way of example, assume you are a service provider. You have a contract with a client for ongoing monthly services.