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Non-Waiver Agreement Between Contractor and Owner Regarding Late Payments

 

This agreement ensures that a contractor’s acceptance of late payments from an owner does not waive their rights under the original contract. It protects the contractor's ability to enforce terms, such as deadlines, penalties, or other provisions, despite previously accepting late payments. This document provides clarity and safeguards both parties by formalizing the understanding that leniency in one instance does not set a precedent for future obligations.

 

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Non-Waiver Agreement Between Contractor and Owner Regarding Late Payments

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