A conditions precedent waiver letter is a legal document that waivees the conditions precedent of a contract. This means that the person or organization who signs the letter is no longer bound by the conditions precedent and can proceed with the contract without having to meet those conditions. The letter is generally used when the conditions precedent are no longer possible or practical to meet.
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Use our legal assistantA letter that waives conditions precedent under a facility agreement is also known as a loan agreement.
