Tax Benefit Amount

Example Definitions of "Tax Benefit Amount"
Tax Benefit Amount. Shall mean sixty percent (60%) of any Restitution Payment taken as a deduction by TCG, Cole Taylor Bank, MB or MB Bank on its federal income tax return multiplied by the Tax Rate, but only to the extent that sixty percent (60%) of such Restitution Payment was either distributed to MB Bank from the Escrowed Funds or was separately paid by the Principal Stockholders to MB Bank pursuant to this Agreement.
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