The for and as constructs provide a termination test that is determined by the iteration control clause.
The repeat construct causes termination after a specified number of iterations. (It uses an internal variable to keep track of the number of iterations.)
The while construct takes one form, a test, and terminates the iteration if the test evaluates to false. A while clause is equivalent to the expression (if (not test) (loop-finish)).
The until construct is the inverse of while; it terminates the iteration if the test evaluates to any non-nil value. An until clause is equivalent to the expression (if test (loop-finish)).
The always construct takes one form and terminates the loop if the form ever evaluates to false; in this case, the loop form returns nil. Otherwise, it provides a default return value of t.
The never construct takes one form and terminates the loop if the form ever evaluates to true; in this case, the loop form returns nil. Otherwise, it provides a default return value of t.
The thereis construct takes one form and terminates the loop if the form ever evaluates to a non-nil object; in this case, the loop form returns that object. Otherwise, it provides a default return value of nil.
If multiple termination test clauses are specified, the loop form terminates if any are satisfied.
For more information, see Section 6.1.4 (Termination Test Clauses).