Lock-Out Period. The period from the date of this Agreement through and including October 24, 2009.
Lock-Out Period. During the thirty (30) months following the --------------- date of this Agreement, Borrower shall have no right to obtain a Permitted Release. At any time thereafter, Borrower shall have the right to obtain a Permitted Release.
Lock-Out Period. Except as set forth herein, the Loan is closed to prepayment in whole or in part. Notwithstanding the foregoing, the Loan may be prepaid in whole, but not in part, at any time following the expiration of the Lockout Period without payment of any Acceleration Prepayment Premium, provided Borrower pays with such prepayment all accrued interest and all other outstanding amounts then due and unpaid under the Loan Documents.
Lock-Out Period. The period beginning with the date of this Agreement and ending upon the earlier of (i) August 31, 2013, or (ii) the first date on which PECO-ARC REIT has raised aggregate equity of $1.5 billion or more.
Lock-Out Period. Borrower may not prepay the Loan in whole or in part at any time until after the date which is 18 months following the Closing Date ("LOCK-OUT PERIOD").
Lock-Out Period. Subject to Section 1.4.4, during the period from the Closing Date to the last day of the calendar month in which the six (6) month anniversary of the Closing Date occurs (the "Lock-Out Period"), the Seller shall not sell the Buyer's Shares without the Buyer's prior written consent. The Parties agree that the Seller may, in its sole and absolute discretion, at any time, pledge and/or hypothecate the Buyer's Shares; provided, however, that the lender thereunder shall agree in writing to take such pledge or hypothecation subject to the terms of this Agreement applicable to the Buyer's Shares.
Lock-Out Period. “Lock-Out Period” means the period commencing on the Effective Date and ending on May 31, 2013.
Lock-Out Period. Except as set forth herein, the Six Project Loan is closed to prepayment in whole or in part. Notwithstanding the foregoing, the Six Project Loan may be prepaid in whole or in part, on or after November 6, 2010, provided the Six Project Borrowers pay to Agent with such prepayment all accrued interest and all other outstanding amounts then due and unpaid under the Loan Documents, including, without limitation, the pro rata portion of the Exit Fee and, if applicable, the SWAP Termination Fee. Additionally, (A) the Fixed Rate Funding may be prepaid in whole but not in part, up to ninety (90) days prior to the maturity of the “Five (5) Year Swap” provided the Six Project Borrowers pay to Agent with such prepayment all accrued interest and all other outstanding amounts then due and unpaid under the Loan Documents, including, without limitation, the pro rata portion of the Exit Fee but excluding the SWAP Termination Fee which shall not be due in such circumstance and (B) the Floating Rate Funding may be prepaid in whole but not in part, up to ninety (90) days prior to the maturity of the “Three (3) Year Swap” provided the Six Project Borrowers pay to Agent with such prepayment all accrued interest and all other outstanding amounts then due and unpaid under the Loan Documents, including, without limitation, the pro rata portion of the Exit Fee but excluding the SWAP Termination Fee which shall not be due in such circumstance.
Lock-Out Period. The Loan may be prepaid in whole and in part pursuant to Section 2.17, provided Borrowers pay with such prepayment all accrued interest and all other outstanding amounts then due and unpaid under the Loan Documents, including without limitation Prorated Interest and the Exit Fee, if applicable, and any Libor Breakage Amount.
Lock-Out Period. For a period of six months following the date of closing of this Agreement (the Lock Out Period), the Company will not, without the consent of all the Purchasers, enter into any other agreements for the issuance of any security, for which cash consideration is received by the Company, that is convertible into common stock of the company. In the event that registration of the Company's Common Stock pursuant to the Registration Rights Agreement between the parties is not effective until more than 90 days after the closing of this Agreement, the Lock Out Period shall continue through the expiration of 90 days after the effective date of such registration.
