GlossaryEN1 min readUpdated: Jun 13, 2026

Incoterms obligation to take delivery and delay

Buyer's delay (Verzug) occurs when the buyer fails to take delivery within the agreed timeframe, despite proper tender by the seller.

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Last updated: 13 June 2026Published: 27 January 2026

Source: https://iccwbo.org/resources-for-business/incoterms-rules/incoterms-rules-2020/

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