Irule that waits?

No, it's not possible to do this. iRule execution is single-threaded, so if you did somehow pause execution (like run a tight wait-loop as someone suggested), then you would be holding up all other packet processing. The multiple watchdogs on the LTM would notice this, and take appropriate action (restart tmm, or failover, or reboot, or some combination thereof). So you don't want to do that. Could you explain what you're really wanting to do? Perhaps we can find some different way of accomplishing it.