Initial Waiver Sample Clauses

The Initial Waiver clause establishes that a party intentionally relinquishes a specific right or claim at the outset of an agreement. In practice, this might mean that one party agrees not to enforce certain contractual provisions or pursue particular remedies that would otherwise be available to them from the beginning of the contract. This clause is used to clarify expectations and prevent disputes by ensuring that both parties understand which rights have been waived and cannot be later asserted, thereby promoting certainty and reducing the risk of future litigation over those issues.