Time for Receipt Sample Clauses
The 'Time for Receipt' clause defines the specific moment when a notice, document, or communication is considered officially received by the intended party under a contract. Typically, this clause outlines the methods of delivery—such as email, courier, or postal service—and specifies when receipt is deemed to occur, for example, upon actual delivery, at a set time after dispatch, or during business hours. Its core practical function is to eliminate ambiguity about when obligations triggered by receipt begin, thereby reducing disputes and ensuring all parties have a clear understanding of their timelines and responsibilities.
Time for Receipt. Communications shall be deemed to have been received:
(a) in the case of facsimile or deliveries by hand:
(i) except as stated in (ii) below, on the day of delivery if such day is a Business Day, or otherwise on the next succeeding Business Day;
(ii) if the Communication is a Trade Nomination or other notice pursuant to any of the provisions in clauses 4, 5 or 9, at the time of receipt;
(b) in the case of prepaid post, on the day after they were posted, if such day is a Business Day, or otherwise the next succeeding Business Day;
(c) in the case of transmission by electronic means, at such time as the Parties shall specify in the written agreement which permits the use of such electronic means.
Time for Receipt. Communications shall be deemed to have been received:
(a) in the case of facsimile or deliveries by hand:
Time for Receipt. Communications shall be deemed to have been received:
Time for Receipt. Bids must be received on or before the Bid Submittal Deadline. Bids received after the Bid Submittal Deadline will be considered late and will not be considered for award.