Common use of Payer Clause in Contracts

Payer. an individual or legal entity who has a payment account (accounts) and allows a payment order from that payment account, or, where there is no payment account, an individual or legal entity who gives a payment order.

Appears in 3 contracts

Sources: General Terms and Conditions, General Terms and Conditions, General Terms and Conditions

Payer. an individual a natural or legal entity person who has initiates a payment account (accounts) and allows a payment order from that payment his/her account, or, where there is no payment account, an individual or legal entity who gives a payment order.

Appears in 1 contract

Sources: Agreement on the Use of the Mainiban System

Payer. an individual a natural (private) or legal entity who person, that has a payment account (accounts) and allows to execute a payment order from that payment its account, or, where there is no payment account, an individual or legal entity who gives a payment order.

Appears in 1 contract

Sources: Financial Service Agreement

Payer. an individual Refers to a legal or legal entity natural person who has a payment account (accountsholds the Payment Account(s) and allows authorises a payment order Payment Order from that payment account, or, where there is no payment account, an individual or legal entity who gives a payment orderAccount.

Appears in 1 contract

Sources: Payment Services Agreement

Payer. an individual A natural or legal entity person who has holds a payment account (accounts) and allows a payment order from that payment account, or, where there is no payment account, an individual a natural or legal entity person who gives a payment order.

Appears in 1 contract

Sources: Act on Payment Services