Common use of No withholdings Clause in Contracts

No withholdings. (a) All payments to be made under this Agreement, whatever their nature, must, to the full extent permitted by law, be made by the Borrower without any deduction for, or on account of, any income or other taxes, imposts, deductions or other withholdings of any kind (Withholdings). (b) If the Borrower is compelled by law to deduct any Withholdings from any payment, the Borrower must ensure that the deduction made does not exceed the minimum legal liability. (c) The Borrower must also pay to the Lender whatever additional amount is necessary to ensure the Lender receives the full amount of the payment due under this Agreement as if the Withholdings had not been deducted.