Definitions

1. noun

A document or agreement that states that a party does not waive its rights in the event of a default or other breach.

“The nonwaiver clause in the contract protected the buyer from any potential losses.”

2. noun

A provision in an agreement that prevents one party from waiving their rights in the event of a breach.

“The nonwaiver provision in the lease agreement ensured that the tenant would not be held responsible for any unexpected damages.”