Top Rated Solution for Vendor and Contract Lifecycle Management

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“Before Gatekeeper, our contracts were everywhere and nowhere.”

Anastasiia Sergeeva, Legal Operations Manager, BlaBlaCar

“Gatekeeper is that friendly tap on the shoulder, to remind me what needs our attention.”

Donna Roccoforte, Paralegal, Hakkasan Group

“Great System. Vetted over 25 other systems and Gatekeeper rose to the top.”

Randall S. Wood, Associate Corporate Counsel, Cricut

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Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Waive

Waive is the act of a Party to a Contract not enforcing its legal Right in some aspect of a Contract.

Often a 'No Waiver' Clause is included in a Contract to ensure any occurrence of a Waiver is not construed as a general, permanent Waiver.

Waivers can be unintentional and intentional, enforced by:

  • Contract or deed - the agreement to abandon legal rights is binding
  • Election - a breach of contract has occurred, giving an innocent party the choice between two alternative rights or remedies.
  • Estoppal - a Party acts in such a way as to suggest that they have agreed to waive their rights. 

You can search for 'No Waiver' clauses in your contract portfolio with Gatekeeper's OCR Search and Analysis technology.