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implied waiver

Defined in 2 dictionaries — Case Law, Black's (1910)

Definitions from Case Law

From 61 U.S. 496 - John Sigerson v. Edward Mathews · 1857Most cited · 14 citing opinions

An unconditional promise by the endorser or a bill to pay it, or an acknowledgment of his liability, and knowledge of his discharge by the laches of the holder, will amount to an implied waiver of due notice of a demand of the drawee, acceptor, or maker.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

A waiver is implied where one party has pursued such a course of conduct with reference to the other party as to evidence an intention to waive his rights or the advantage to which he may be entitled, or where the conduct pursued is inconsistent with any other honest intention than ail intention of sack waiver, provided that the other party concerned has been induced by such conduct to act upon the belief that there has been a waiver, and has incurred trouble or expense thereby. Ast-ritch v. German-American Ins. Co., 131 Fed.' 20, 65 C. C. A. 251; Roumage v. Insurance Oil,' 13 N. J. Law, 124.

Defined under Waiver in Black's Law Dictionary.