The bank manager WAIVED the charge (= said we didn't have to pay), as we were old and valued customers, He persuaded the delegates to WAIVE (= give up) their objections/ WAIVE a claim/fee/right: The bank WAIVED the overdraft fee.(FORMAL)
Not demand ST U have a right to, or not cause a rule to be obeyed/ Decide that u won't ask for ST although u've a right to do so, or that a rule will be ignored