Common use of Tax and Payments Clause in Contracts

Tax and Payments. 6.1 All amounts due hereunder shall be paid by the Borrower without deduction of or withholding for or withholding of or on account of any taxes fees charges or otherwise which may be levied in the United Kingdom or elsewhere whether now or hereafter save to the extent that the Borrower is compelled by law to make such deduction in which event the Borrower will pay to the Lender such additional amount as shall ensure that the aggregate of the net amounts received after deduction shall equal the amount which would have been receivable before such deduction