Initial vendee definition

Initial vendee means a person who first contracts to purchase a dwelling from a vendor for the purpose of habitation and not for resale in the ordinary course of trade.
Sample 1Sample 2Sample 3
Initial vendee means a person who first contracts to purchase a dwelling from a
Sample 1Sample 2Sample 3
Initial vendee means a person who first contracts to purchase a dwelling from a
Sample 1Sample 2Sample 3

Examples of Initial vendee in a sentence

  • Initial vendee" means a person who first contracts to purchase a dwelling from a vendor for the purpose of habitation and not for resale in the ordinary course of trade.

Related to Initial vendee

  • Initial Value has the meaning set forth in Section 1.76(a).

  • RI Initial Value means, in respect of a Reference Item, the Initial Closing Price.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination or (B) subsequent to the Business Combination, (x) if the last sale price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.