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Unconditional Waiver Form

Unconditional Waiver Form Template for Nigeria

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Key Requirements PROMPT example:

Unconditional Waiver Form

"I need an Unconditional Waiver Form under Nigerian law for my construction company (Lagos Builder Ltd) to obtain final payment from the project owner (Sunshine Properties) for the completed office complex project, with the waiver to be effective from March 15, 2025."

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Document background
The Unconditional Waiver Form is a critical legal instrument in Nigerian business and legal practice, used when one party needs to absolutely and irrevocably relinquish specific rights or claims against another party. This document is particularly important in scenarios involving settlement agreements, employment terminations, construction project completions, or financial settlements. The form must comply with Nigerian contract law principles and specific local regulations, including the Illiterates Protection Act where relevant. It typically includes detailed identification of parties, explicit waiver language, consideration statements, and necessary witness provisions. The unconditional nature of the waiver means that once executed, the Releasor cannot revoke the waiver or make future claims regarding the waived rights, making it a powerful but carefully regulated legal tool in Nigerian business transactions.
Suggested Sections

1. Identification of Parties: Full legal names and addresses of the party giving the waiver (Releasor) and the party receiving the waiver (Releasee)

2. Recitals: Background information explaining the context and circumstances leading to the waiver

3. Definitions: Clear definitions of key terms used in the waiver document

4. Waiver Statement: Clear and explicit statement of the rights, claims, or interests being waived unconditionally

5. Consideration: Statement of the consideration being provided in exchange for the waiver

6. Acknowledgment: Explicit acknowledgment that the Releasor understands the rights being waived and the unconditional nature of the waiver

7. Integration Clause: Statement that the waiver represents the entire agreement between the parties

8. Governing Law: Specification that Nigerian law governs the waiver

9. Execution: Signature block with date and witness provisions

Optional Sections

1. Illiterates Protection Clause: Required when the Releasor is illiterate, including verification by an authorized interpreter

2. Severability: Optional clause stating that if any provision is found invalid, the remainder of the waiver remains effective

3. Future Claims: Optional clause explicitly addressing the waiver of unknown future claims

4. Representation by Counsel: Optional acknowledgment that parties had the opportunity to seek legal counsel

5. Corporate Authorization: Required when either party is a corporate entity, confirming proper authorization to execute the waiver

Suggested Schedules

1. Schedule A - Rights and Claims: Detailed list of specific rights, claims, or interests being waived

2. Schedule B - Supporting Documents: List of relevant documents or agreements referenced in the waiver

3. Appendix 1 - Witness Attestation: Required attestation form for witnesses, particularly important under Nigerian law

4. Appendix 2 - Interpreter's Certificate: Required when the Illiterates Protection Act applies, containing the interpreter's certification

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























Clauses






























Relevant Industries

Construction

Banking and Finance

Oil and Gas

Manufacturing

Real Estate

Employment and Labor

Insurance

Healthcare

Education

Technology

Telecommunications

Professional Services

Relevant Teams

Legal

Human Resources

Compliance

Risk Management

Finance

Operations

Project Management

Construction Management

Corporate Affairs

Claims Processing

Contract Administration

Relevant Roles

Legal Counsel

Contract Manager

Human Resources Director

Project Manager

Risk Manager

Compliance Officer

Chief Financial Officer

Construction Manager

Operations Director

Corporate Secretary

Settlement Officer

Claims Manager

Business Development Manager

General Counsel

HR Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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