for receipt

English translation: so as to be received on the specified date

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:for receipt
Selected answer:so as to be received on the specified date
Entered by: Charles Davis

15:23 Nov 6, 2013
English language (monolingual) [PRO]
Law/Patents - Law (general) / General
English term or phrase: for receipt
This appears in the following sentence:

Where settlement is by delivery (that is, other than by payment), such delivery will be made for receipt on the due date in the manner customary for the relevant obligation unless otherwise specified in the relevant Confirmation or elsewhere in ibis Agreement.

What does "for receipt" mean in this context? Thanks in advance.
Pedro Coral Costa
Local time: 21:43
so as to be received on the specified date
Explanation:
To say that the delivery will be made for receipt on the due date means that the delivery will reach the recipient on the due date. "For receipt" simply indicates that the delivery will be timed so as to be received on that date, bearing in mind that it could take more than a day, depending on the distance. So the delivery process will probably have to begin before the due date and must be timed so that whatever is delivered arrives and is handed over on the day.
Selected response from:

Charles Davis
Spain
Local time: 22:43
Grading comment
Many thanks for the help and for the explanation.
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +3so as to be received on the specified date
Charles Davis


  

Answers


18 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
so as to be received on the specified date


Explanation:
To say that the delivery will be made for receipt on the due date means that the delivery will reach the recipient on the due date. "For receipt" simply indicates that the delivery will be timed so as to be received on that date, bearing in mind that it could take more than a day, depending on the distance. So the delivery process will probably have to begin before the due date and must be timed so that whatever is delivered arrives and is handed over on the day.

Charles Davis
Spain
Local time: 22:43
Native speaker of: English
PRO pts in category: 136
Grading comment
Many thanks for the help and for the explanation.

Peer comments on this answer (and responses from the answerer)
agree  Victoria Britten
16 mins
  -> Thanks, Victoria!

agree  Anna Herbst
11 hrs
  -> Thanks, Anna :)

agree  Ashutosh Mitra
3 days 15 hrs
  -> Thanks, Ashutosh :)
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