Template:M summ GMRA 6(b)

Paragraph 6(b)

Your standard tax gross-up clause. No fiddly “Indemnifiable Tax” exceptions, as there are in the ISDA Master Agreement. The theory of the game here: any withholding obligation imposed on a payer or deliverer is that party’s problem — they chose to situate their office in Weston-super-Mare, so they should take hte tax consequences of that.