Lockout Period
Lockout Period. Means the period beginning on the day that this Note is assigned to a REMIC trust until and including the Defeasance Date. The Lockout Period only applies if this Note is assigned to a REMIC trust prior to the Cut-off Date.
Found in
CENTURY PROPERTIES FUND XIX contract
Lockout Period. Shall mean the period commencing on the date hereof and expiring on the earlier date to occur of (i) two (2) years after the closing of any Securitization or (ii) three (3) years after the first (1st) day of the calendar month immediately following the calendar month in which the funding of this Note occurs.
Lockout Period. Shall mean the period from the date hereof through (i) in the event the First Extension Option is exercised, June 9, 2004, and (ii) if the First Extension Option is not exercised, May 9, 2004, during which time no prepayment of the Loan shall be permitted.
Found in
GLIMCHER REALTY TRUST contract
Lockout Period. Shall mean the period from the date hereof through but excluding the Lockout Release Date during which time no prepayment of the Loan shall be permitted.
Found in
MPG Office Trust, Inc. contract
Lockout Period. Not applicable, there is no Lockout Period under this Note.
Lockout Period. The period from the date of this Note through the day preceding the 12th Installment Due Date under this Note.
Found in
CNL Growth Properties, Inc. contract
Lockout Period. The period from the date of this Note through the day preceding the 12th Installment Due Date under this Note. [OR IF THE LOAN HAS A GRADUATED PREPAYMENT PREMIUM, INSERT THE FOLLOWING] is not applicable, there is no Lockout Period under this Note
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