[Locke.]

Some people misunderstand the lyrics, claiming that the singer never identifies what "that" thing is, which he will not do. Meat Loaf says that the question, "What is 'that'?" is one of the most popular questions he is asked.[6]

Each verse mentions two things that he would do for love, followed by one thing that he will not do. The title phrase repetition reasserts that he "won't do that". Each mention of "that" is a reference to the particular promise that he made earlier in the same verse.[7] The four things he says he will never do are:

* forget the way you feel right now
* forgive myself if we don't go all the way tonight
* do it better than I do it with you, so long
* stop dreaming of you every night of my life[8]

In addition, at the song's conclusion, the female vocalist predicts two other things that he will do: "You'll see that it's time to move on" and "You'll be screwing around". To both of these, he emphatically responds, "I won't do that!"