The debtor is the party responsible for payment obligation on an account.
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Non-Bank, or third-party, Payment Processors are financial institution customers that provide payment processing services to merchants and other business entities, typically initiating transactions on behalf of merchant clients that do not have a direct relationship with the Payment Processor's financial institution.
A+ = party officals
The Nazi Party. From 1919 to 1920 there was a party called "German Workers' Party", which was founded on far-right and nationalist tendencies then common throughout Europe, in part as a result of the Great War of 14-18. In 1920, the party evolved into the National Socialist German Workers' Party, commonly known as the Nazi Party, which was dissolved in 1945. It was that party which was responsible for organizing the Holocaust. Wikipedia has a great page on the NSDAP.
The Party Whip ensures that the party votes as a unified block.
The paying party or his surety.
If its under the payment section, it translates as "who will pay this bill?"
Unless previously agreed upon when the check was used as tender, the party who demands stop payment is responsible for all fees associated with the process.
You could be held liable for the payments if the other party defaults. Your signing the contract is "insurance" for the lender that payments will be made, and they will consider you responsible if the primary party defaults.
The student's estate is responsible for paying their debt unless there was a co-signer. If there is no estate the lender is out of luck. If there was a co-signer the lender will seek payment from that party.
A payment is the transfer of wealth from one party (such as a person or company) to another. A payer is the party making a payment. The payee is the party receiving the payment.
Actually, it is called a third party Fedwire. What it means is that a Fedwire payment, which is a real-time payment made over the Federal Reserve's Fedwire Funds Transfer system is being either initiated or received by a bank's customer (the "third party"). Many Fedwire payments are between banks (from one bank to another bank). But when a Fedwire payment involves a bank's customer, it is called a "third party" Fedwire.
The "responsible party" is the party who is found to be liable for the occurrence that forms the basis of the suit. Hence, there is no "responsible party" until the case has been adjudicated.
That's what they do at the bank, if the main person does not make the payments the cosigner is responsible to take it over.
When neither party has an obligation under a contract anymore
the party to whom payment is to be made
Yes. As the comaker on a loan, you are equally responsible for its payment. In the event the other party defaults, you either pay the loan yourself, convicne the other party to, or if able file bankruptcy.