👉 In contract law, a nonwaiver is an agreement in which one party waives their right to rescind or revoke the agreement. This can occur when a party has reached a mutual understanding that they are bound by certain terms of a contract and have voluntarily agreed not to enforce those terms against them. Nonwaivers can be either express or implied, depending on the context. Express nonwaivers are agreements that explicitly state that one party waives their right to rescind or revoke the agreement,