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May 10, 2012
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I waive my right to do something.I release you from your obligation to do something.Lawyers often use them interchangeably and redundantly (because lawyers are risk averse and use redundancy to cover their butts).
Practically speaking, if I waive my right to pursue you, then you have been released from your obligation to do it to me.If I release you from your obligation to do something to me, then I've waived my right to force you to do it.
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