Common use of Payor Contracts Clause in Contracts

Payor Contracts. Member shall be provided information on material terms of a Payor Agreement and be obligated to accept each Payor Agreement participated in by Member, and all amendments, or amendment to such Payor Agreement, approved by the Members of the Company. The Company may arrange for Payors to pay Member in accordance with the terms of the applicable third-party Payor Agreements or may arrange for payment for such services to the Company, in which case the Company will forward such payment, to the Member for services rendered by the Member. Notwithstanding the failure of a Payor to remit payments to the Member or the Company pursuant to any Payor Agreement, the right to enforce the Payor's obligation to remit payment pursuant to any Payor Agreement shall vest solely with the Company and the Member shall have no third party beneficiary right to enforce the obligation of Payor to make such payment.