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CHARTERERS' LIABILITY INSURANCE / PART VI / Clause 18
FORBEARANCE
18.1 No Admission or Promise to Forego
No act, omission, forbearance or conduct of the Association whatsoever and whensoever occurring, whether by or through its officers, servants or agents or otherwise, shall constitute any admission or promise that the Association will forgo any of its rights under the Certificate of Insurance.
18.2 Advice of Experts
Any person appointed under Part V Clause 2.4 Appointment of Experts is appointed to assist the Assured, and any recommendations and advice which such person may give shall in no way bind, prejudice or affect the rights and remedies of the Association under the Certificate of Insurance.
18.3 Waiver by the Association
Notwithstanding any neglect or non-compliance with, or breach of, any of the terms of the Certificate of Insurance by the Assured the Association may in its sole discretion waive any of the Association’s rights arising therefrom and may pass and pay in full or in part any claim which it thinks fit. The Association shall nevertheless at all times and without notice be entitled to insist on the strict application of the terms of the Certificate of Insurance.