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.
Prepayment Lockout Period means the period from and including the Effective Date to and including the Prepayment Lockout End Date.
Prepayment Lockout Period has the meaning set forth in the Summary of Loan Terms.

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.

  • From and after the end of the Prepayment Lockout Period of a Series, the Issuer may prepay the Notes of such Series in whole or in part at any time and from time to time at its option; provided that such prepayment is accompanied by any applicable Prepayment Consideration and, if such prepayment occurs on any day other than a Payment Date, is accompanied by payment of interest that would have accrued on the principal amount prepaid through the last day of the then current Interest Accrual Period.

  • Borrower shall not make a voluntary full or partial prepayment on the Mortgage Loan during any Prepayment Lockout Period, nor shall Borrower make a voluntary partial prepayment at any time.

  • During the last years Åre has seen a boom in housing and commercial development unparalleled in its previous history.

  • Borrower shall not make a voluntary full or partial prepayment on the Mortgage Loan during any Prepayment Lockout Period nor shall Borrower make a voluntary partial prepayment at any time.


More Definitions of Prepayment Lockout Period

Prepayment Lockout Period means the period from the Closing Date through __________.]
Prepayment Lockout Period means the period from and including the Closing Date through and including the Payment Date occurring in May 2029.
Prepayment Lockout Period for any Advance has the meaning set forth in the applicable Schedule of Advance Terms.
Prepayment Lockout Period means the period from the Closing Date to and including the first anniversary of the Closing Date.
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.
Prepayment Lockout Period means the period from the date hereof to (but not including) the Prepayment Lockout Release Date, during which time no prepayment of the Loan shall be permitted, except as otherwise expressly set forth herein.
Prepayment Lockout Period. Any Fixed Rate Prepayment Lockout Period or Floating Rate Prepayment Lockout Period.