Vendor's Capacity definition
Vendor's Capacity means the capacity described in Part 5 of Schedule 1 in which the Vendor is selling the Property.
Examples of Vendor's Capacity in a sentence
The Vendor sells (in the Vendor's Capacity) and the Purchaser purchases (in the Purchaser's Capacity) the Property at the Purchase Price for the residue of the term of years created by the Government Grant together with the benefit of any right of renewal or absolutely (as the case may be), and together with the Fixtures and Furniture.