Waiver of Default

This agreement is given by a creditor to a debtor after the debtor is in default under the terms of a credit agreement. The creditor agrees to waive the default (the creditor will not employ the rights triggered by the default) so long as the debtor agrees to certain terms and conditions.

This form includes special formatting features to assist you in completing the agreement.

Among others, this form includes the following provisions:
• Type of Agreement
• Detailed Particulars of Default
• Creditor Waives Default