Common use of Foreign Taxes Clause in Contracts

Foreign Taxes. All payments to be made by the Issuer, MTN Issuer the Bank, the Underwriters or the Receivables Trustee hereunder shall be made without withholding or deduction for or on account of any present or future taxes, duties or governmental charges of whatsoever nature imposed, levied, collected, withheld or assessed by the United Kingdom or Jersey or any political subdivision or any authority thereof or therein having power to tax, unless the Issuer, MTN Issuer, the Bank, the Underwriters or the Receivables Trustee, as applicable, is compelled by law to deduct or withhold such taxes duties or charges. In that event, the Issuer, MTN Issuer the Bank, the Underwriters or the Receivables Trustee, as applicable, shall pay such additional amount as may be necessary in order that the net amounts received after such withholding or deduction shall equal the amounts that would have been received if no withholding or deduction had been made.

Foreign Taxes. All payments to be made by the Issuer, the MTN Issuer Issuer, the Bank, the Underwriters or the Receivables Trustee hereunder shall be made without withholding or deduction for or on account of any present or future taxes, duties or governmental charges of whatsoever nature imposed, levied, collected, withheld or assessed by the United Kingdom or Jersey or any political subdivision or any authority thereof or therein having power to tax, unless the Issuer, the MTN Issuer, the Bank, the Underwriters or the Receivables Trustee, as applicable, is compelled by law to deduct or withhold such taxes taxes, duties or charges. In that event, the Issuer, the MTN Issuer Issuer, the Bank, the Underwriters or the Receivables Trustee, as applicable, shall pay such additional amount as may be necessary in order that the net amounts received after such withholding or deduction shall equal the amounts that would have been received if no withholding or deduction had been made.

Foreign Taxes. All payments to be made by the Issuer, MTN Issuer the Bank, the Underwriters Bank or the Receivables Trustee hereunder shall be made without withholding or deduction for or on account of any present or future taxes, duties or governmental charges of whatsoever nature imposed, levied, collected, withheld or assessed by the United Kingdom or Jersey or any political subdivision or any authority thereof or therein having power to tax, unless the Issuer, MTN Issuer, the Bank, the Underwriters or the Receivables Trustee, as applicable, is compelled by law to deduct or withhold such taxes duties or charges. In that event, the Issuer, MTN Issuer the Bank, the Underwriters Bank or the Receivables Trustee, as applicable, shall pay such additional amount as may be necessary in order that the net amounts received after such withholding or deduction shall equal the amounts that would have been received if no withholding or deduction had been made.