MTA Judgment definition
MTA Judgment means the judgment rendered against Borrower in the case entitled Los Angeles County Metropolitan Transportation Authority ▇. ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇▇▇ Metro Rail Construction Manager Joint Venture et al., case number BC150298, in the Superior Court of the State of California, County of Los Angeles.
Examples of MTA Judgment in a sentence
Cause the MTA Judgment Bond to be maintained in connection with Borrower’s appeal of the MTA Judgment; provided that (a) the liabilities of Borrower under the MTA Judgment Bond shall be unsecured and the form and substance of the MTA Judgment Bond shall be otherwise acceptable to the Administrative Agent, and (b) the MTA Judgment Bond shall no longer be required if the MTA Judgment is satisfied or vacated or the MTA Judgment Bond is otherwise no longer required to be maintained.