029 Taxes. (a) Any and all payments made by the Borrowers under this Agreement shall be made free and clear of, and without deduction or withholding for or on account of, any present or future Taxes, except as required by Applicable Law. If any Taxes are required by Applicable Law to be deducted or withheld from any payment hereunder to the Administrative Agent, the Letter of Credit Agent or any Bank, the Borrowers shall (i) promptly notify the Administrative Agent, the Letter of Credit Agent or such Bank, as applicable, of such requirement, (ii) deduct or withhold the full amount of such Taxes in a timely manner and pay such Taxes in a timely manner to the appropriate authorities, (iii) promptly forward to the Administrative Agent for its own account, the Letter of Credit Agent for its own account or the account of such Bank, as applicable, an official receipt or certified copy thereof or other documentary evidence satisfactory to the Administrative Agent, Letter of Credit Agent or such Bank evidencing such payment and (iv) except in the case of Bank Taxes, pay such additional amounts so that the amount received by the Administrative Agent, the Letter of Credit Agent or such Bank with respect to such payment, after the payment of such Taxes (including any Taxes on such additional amounts), equals the full amount such Administrative Agent, the Letter of Credit Agent or such Bank would have otherwise received with respect to such payment had no deduction or withholding been required. Further, if any Taxes (other than Bank Taxes) are asserted directly against the Administrative Agent, Letter of Credit Agent or any Bank with respect to any payment hereunder to the Administrative Agent, the Letter of Credit Agent or such Bank, the Administrative Agent, the Letter of Credit Agent or such Bank may pay such Taxes and the Borrower shall promptly pay such additional amounts (including any penalties, interest or expenses) so that the amount received by the Administrative Agent, Letter of Credit Agent or such Bank, after the payment of such Taxes (including any Taxes on such additional amounts), equals the full amount the Administrative Agent, the Letter of Credit Agent or such Bank would have otherwise received had no such Taxes been asserted. If the Borrower fails to pay to the appropriate authority any Taxes when due or fails to remit to the Administrative Agent, the Letter of Credit Agent or such Bank, as applicable, the required receipts evidencing payment of such Taxes, t...
