Suspension of Tax Benefit Payments Following Change Notice. If IBGI or IBG LLC receives a Change Notice, which, if sustained, would result in (i) a reduction in the amount of Realized Tax Benefit (or the increase in the amount of Realized Tax Detriment) with respect to a Covered Taxable Year preceding the taxable year in which the Change Notice is received or (ii) a reduction in the amount of Tax Benefit Payments IBGI will be required to pay to IBG Holdings with respect to Covered Taxable Years after and including the taxable year in which the Change Notice is received (either, a “Potential Reduction”), prompt written notice shall be given to IBG Holdings, and Tax Benefit Payments shall be suspended as necessary to maintain the status quo until a Determination is reached with respect to the Change Notice.
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Samples: Tax Receivable Agreement (Interactive Brokers Group, Inc.), Exchange Agreement (Interactive Brokers Group, Inc.), Tax Receivable Agreement (Interactive Brokers Group, Inc.)
