Document background
The Cancellation Fee Waiver is a legal document used when a party wishes to formally waive their contractual right to collect cancellation fees under Dutch law. This document is particularly useful in situations where enforcing cancellation fees might damage business relationships, where extraordinary circumstances justify the waiver, or where commercial considerations make it advantageous to forgo these fees. The waiver should clearly identify the original agreement, specify the exact fees being waived, and include any conditions or limitations. It must comply with Dutch civil law requirements regarding contract modifications and ensure proper documentation of the parties' agreement to modify their original contractual obligations. This document is commonly used in various business contexts, from service agreements to property rentals, and can be adapted to both business-to-business and business-to-consumer situations.
