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

• ViaCord may terminate enrollment in the DNA Guardian Program upon written notice to the Client if the Account Payor fails to pay any required fees within sixty (60) days of the payment due date.

• Unless otherwise indicated in an Exhibit, if the Account Payor fails to make payment for a Service, ViaCord may, at its exclusive election, i) terminate that Service and/or all Service(s), and/or ii) use reasonable efforts to contact other Clients and transfer Account Payor responsibility to another willing Client.

• The Account Payor will be charged for the Ordered Tests upon receipt of the Cord Sample(s) at VPL, and the Legal Guardian may cancel the Purchased Tests at any time before receipt of the Cord Sample(s) at VPL.

• The Account Payor will be charged for the Sequencing Services either in a single payment upon submission of payment information, or in equal periodic installments according to the payment plan the Client selected.

• If the Cell Banking Services are terminated, and the Client has Prepaid for multiple years of storage, ViaCord will refund the amounts paid for future years to the Account Payor, as applicable.

More Definitions of Payor

Payor shall have the meaning assigned to that term in Section 5.6.

Payor has the meaning set forth in Section 6.2.

Payor shall have the meaning set forth in Section 5.04(a) of this Agreement.

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 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 as specified in Section 3.4.

Payor means an employer, insurance carrier, health service plan, trust, nonprofit hospital service plan, governmental unit or any other entity which is obligated to provide or reimburse health care providers for providing health care services to a Patient.