Due upon receipt的意思

"Due upon receipt" is a term often used in legal or financial contexts to indicate that something is required or expected to be done, paid, or otherwise fulfilled immediately upon receiving a particular document, notice, or item. It typically implies a sense of urgency or immediate action required once the specified document or item is received.

For example, in a loan agreement, "payment is due upon receipt of the monthly statement," means that the borrower is required to make the payment immediately after receiving the statement. In another context, if a notice is sent with the instruction "a response is due upon receipt of this notice," it means that the recipient must respond as soon as they receive the notice.

This term is commonly found in contracts, agreements, and official communications where timing is crucial and prompt action is expected. It's important to note that the exact implications of "due upon receipt" can vary depending on the specific context and the terms of the agreement or notice in question.