Payer definition

Payer means a natural or legal person who holds a payment account and allows a payment order from that payment account, or, where there is no payment account, a natural or legal person who gives a payment order;

Payer means a person who makes a payment.

Payer has the meaning specified in Section 6(f).

Examples of Payer in a sentence

• Seller shall, pursuant to an irrevocable letter of direction (“LOD”), a copy of which is attached hereto as Exhibit A, direct and cause Payer and/or other third party, as applicable, that distributes Assets and accounts to Seller in connection with Royalties therefor, to account and pay all Royalties to SongVest for the entire Royalty Period at the same time and on the same terms as such party is required to account to Seller.

• Seller shall also execute any other document as a Payer or SongVest may require to assure such assignment.

• The Direction Letter shall remain in full effect, is irrevocable, and Seller shall never attempt to modify the terms of the Direction Letter or notify a Payer that the Royalties should no longer be directed to SongVest.

• Notwithstanding the foregoing, in no event shall Seller be liable for any failure of Payer to pay pursuant to the Direction Letter, provided however Seller shall use best efforts to enforce all its rights and remedies in connection therewith.

• In the event Payer and/or other third party fails to account or pay Royalties to SongVest directly as required hereunder, Seller shall account to SongVest via a statement and pay all Royalties earned during such period no later than fifteen (15) days after receipt by Seller of such Royalties.

More Definitions of Payer

Payer means the owner of an account from which a payment is to be debited.

Payer means an individual who is ordered by the circuit court to pay support.

Payer means a person that holds a payment account and allows a transfer of funds from that payment account, or, where there is no payment account, that gives a transfer of funds order;

Payer means a natural (private) or legal person, or other organization or its branch, that has a payment account and allows to execute a payment order from this account, or, in the absence of a payment account, submits a Payment Order.

Payer means a person, business or organization that is making a payment to You;

Payer means a private health care payer and a public health care payer.

Payer or “Buyer” means a natural or legal person or any other third party that pays for goods and/or services with payment card or with Account via myPOS or myPOS Online;