What happens when a beneficiary waives a condition such as the payment of installments during an unavoidable situation?

When a beneficiary waives a condition such as the payment of installments during an unavoidable situation, the correct understanding is that the condition is essentially deemed waived, meaning that the beneficiary can no longer assert rights related to that condition. In other words, if the beneficiary has chosen to forgo the requirement for timely payment, this waiver prevents them from later complaining about the effects of late payments or seeking enforcement of the original condition.

In this context, a waiver means that the beneficiary voluntarily relinquishes the right to insist on the condition’s strict enforcement for the duration of the unavoidable situation. Consequently, if they later try to claim that late payments should lead to penalties or other repercussions, they would generally not succeed, as the waiver has stripped them of that right. This reflects the principle that once a beneficiary has accepted a modification or has chosen not to exercise a right, it typically cannot be revived later without some formal action or notice. Thus, the waiver affects how late payments are treated going forward, leading to the understanding that no complaints can be made about them after the waiver is in effect.