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What does it mean when a service charge is waived?
Most banks charge a service fee but will waive it if you meet specific requirements, such as a minimum balance, monthly direct deposit threshold, or customer age. The monthly service charge you see on your statement each month covers bank account maintenance and features.
What does the waiver mean for a job?
A waiver is a voluntary relinquishment or surrender of a known right or privilege. In the context of employment, waivers can be used in various situations, such as when employees waive certain claims or rights in exchange for severance pay or other benefits.
What does waiver of service mean?
A waiver of service is a legal document that can be used in civil lawsuits to save time and costs related to formal service of process. It allows the defendant to voluntarily waive their right to be formally served with the lawsuit papers (such as a summons and complaint) by a process server.
What is the purpose of a waiver?
Essentially, a waiver removes a real or potential liability for the other party in the agreement. For example, in a settlement between two parties, one party might, by means of a waiver, relinquish its right to pursue any further legal action once the settlement is finalized.
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Rule 4. Summons | Federal Rules of Civil Procedure | US Law
When the plaintiff files a waiver, proof of service is not required and these rules apply as if a summons and complaint had been served at the time of filing
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