Upon receipt意思

"Upon receipt" is a phrase commonly used in business and legal contexts to indicate that an action or event will occur or is scheduled to occur immediately after the reception of something, typically a document, payment, or other important item. It is often used in instructions, agreements, or notifications to specify when a particular step should be taken or when a condition is to be met.

For example, in a contract, there might be a clause that states:

"Upon receipt of the signed agreement and the initial payment, the seller shall release the goods to the buyer."

In this context, "upon receipt" means that the seller is obligated to release the goods only after physically receiving the signed contract and the payment.

Another example might be in an email requesting a document:

"Please send the report as soon as possible. Upon receipt, we will review and get back to you with our decision."

Here, "upon receipt" indicates that the recipient of the email will start the review process immediately after getting the report.

The phrase is useful for specifying timing and ensuring that parties to a transaction or agreement understand when they are expected to act.