Lock-out Period definition

Lock-out Period means the period from, and including, the day following the Interest Determination Date to, but excluding, the corresponding Interest Payment Date;
Lock-out Period means, in respect of an Interest Period, the period from and including the day following the Interest Determination Date to, but excluding, the Interest Period End Date falling at the end of such Interest Period;
Lock-out Period. With respect to any Mortgage Loan, the period of time specified in the related Loan Documents during which voluntary prepayments by the related Borrower are prohibited.

Examples of Lock-out Period in a sentence

  • The Borrower may not prepay the Loan during the Prepayment Lockout Period.


More Definitions of Lock-out Period

Lock-out Period means the period from, and including the day following the Interest Determination Date to, but excluding, the corresponding Interest Payment Date;
Lock-out Period has the meaning set out in paragraph (A) above; "Observation Period" has the meaning set out in paragraph (A) above; "Reference Day" has the meaning set out in paragraph (A) above;
Lock-out Period means, with respect to an Interest Accrual Period, the period from (and including) the day following the Interest Determination Date to (but excluding) for such Interest Accrual Period (A) the corresponding Interest Payment Date for such Interest Accrual Period or (B) the date on which the relevant payment of interest falls due, if different;
Lock-out Period means the first twelve (12) months of the Revolving Commitment Period.
Lock-out Period means the tenth (10th) anniversary of the Conversion Date.”
Lock-out Period has the meaning set out in paragraph (A) above;