Maximum Restitution Obligation

Maximum Restitution Obligation. Shall mean the maximum depositor restitution that MB Bank, as successor to Cole Taylor Bank, may reasonably be obligated to pay pursuant to the Consent Order. For the avoidance of doubt, any Restitution Payment paid by Cole Taylor Bank prior to the Closing and any funds paid or deposited with a third-party financial institution by the Primary Obligor that reduces the contingent restitution obligation of Cole Taylor Bank, or MB Bank, as successor to Cole Taylor Bank, under the Consent Order will... reduce, on a dollar for dollar basis, the Maximum Restitution Obligation. View More