Covenant not to sue

{
  "id": "MLC-T-INS-003618",
  "term": "Covenant not to sue",
  "field": "Insurance and risk management",
  "definition": "A legal agreement between two or more parties where one party promises not to pursue legal action against another party concerning a specific claim or set of claims. This agreement does not necessarily release the other party from liability but prevents the initiating of a lawsuit. It is often used in settlement negotiations to resolve disputes outside of court.",
  "url": "https://mlchart.com/terminology/insurance/covenant-not-to-sue/"
}