Prepayment Lockout Period definition

Prepayment Lockout Period means for any Series, the period specified as such in the Series Supplement for such Series, or, if not so specified, the period ending on but excluding the second (2nd) anniversary of the Closing Date of such Series.
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Prepayment Lockout Period means the period from and including the Effective Date to and including the Prepayment Lockout End Date.
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Prepayment Lockout Period has the meaning set forth in the Summary of Loan Terms.
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Examples of Prepayment Lockout Period in a sentence

  • Borrower shall not make a voluntary partial prepayment on the Mortgage Loan at any time during the Loan Term, or a voluntary full prepayment on the Mortgage Loan at any time during any Prepayment Lockout Period.

  • Prepayment Lockout Period The first (1st) Advance Year of the term of the Advance.

  • Any voluntary prepayment of this Note: (a) is prohibited during the Prepayment Lockout Period, and (b) is permitted in full only, and not in part.

  • The definition of the term "Prepayment Lockout Period" appearing in Paragraph 1 is hereby modified by adding the words “, which expires on October 31, 2011” immediately following the word “Note”.

  • Subject to the Prepayment Lockout Period and the prepayment provisions of this Note, Borrower may voluntarily prepay all (but not less than all) of the indebtedness evidenced hereby.


More Definitions of Prepayment Lockout Period

Prepayment Lockout Period means the period from the Closing Date through __________.]
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Prepayment Lockout Period means the period from and including the Closing Date through and including the Payment Date occurring in May 2029.
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Prepayment Lockout Period means the period from the Closing Date to and including the first anniversary of the Closing Date.
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Prepayment Lockout Period for any Advance has the meaning set forth in the applicable Schedule of Advance Terms.
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Prepayment Lockout Period. Any Fixed Rate Prepayment Lockout Period or Floating Rate Prepayment Lockout Period.
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Prepayment Lockout Period. That period of time as may be stated in Schedule A attached hereto, if any. Prepayment Premium Term: The period beginning on the Effective Date and ending on the last calendar day of the fourth (4th) month prior to the month in which the Maturity Date occurs.
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Prepayment Lockout Period is defined in Section 2.3.
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