Payor definition

Payor means a trustee, insurer, business entity, employer, government, governmental subdivision or agency, or other person authorized or obligated by law or a governing instrument to make payments.
Payor shall have the meaning assigned in Section 8.5(a).
Payor has the meaning set forth in Section 4.03 of this Agreement.

Examples of Payor in a sentence

  • In the event Our invoices, in whole or in part, are being paid by a third party (i.e., a person or entity other than or not affiliated with You), it is nonetheless understood and agreed that both You and the Third Party Payor are jointly and severally responsible for all monetary and payment covenants and obligations per the terms of this T&C.

  • Further, if a Third Party Payor is also the party providing the COI and insurance coverage compliance per Section 6 hereof, You and the Third Party Payor are equally, jointly, and severally responsible for all covenants and obligations per the terms of this T&C.


More Definitions of Payor

Payor shall have the meaning assigned to such term in Section 4.06.
Payor shall have the meaning set forth in Section 5.04(a) of this Agreement.
Payor has the meaning set forth in Section 6.2.
Payor means any Person that pays, or arranges for the payment, for all or any part of any Physician services for itself or for any other Person, as well as any Person that develops, leases, or sells access to networks of Physicians.
Payor means any person or entity paying monies, income or earnings to an obligor. In the case of a self-employed person, the "payor" and "obligor" may be the same person;
Payor means as specified in Section 3.4.
Payor has the meaning specified in Section 10.12.