(b) Subparagraph 6(b) shall he deleted in its entirety and replaced by the following: lb) (i) Unless otherwise agreed, all money payable by one party to the other in respect of any Transaction shall be paid free and clear of, and without withholding or deduction for, any taxes or duties of whatsoever nature imposed, levied, collected, withheld or assessed by any authority having power to tax unless the withholding or deduction of such taxes or duties is required by law. In that event, unless othenvise agreed. the paying party shall pay such additional amounts as will result in the net amounts receivable by the other party (after taking account of such withholding or deduction) being equal to such amounts as would have been received by it had no such taxes or duties been required to be withheld or deducted. For the avoidance of doubt. the reference to law" in this paragraph includes FATCA. However, no additional amounts shall he payable by the paying party to the other patty under this subparagraph (b)(i) to the extent that such tax is imposed or collected under FATCA. Di) If the paying party is required to make a withholding or deduction under FATCA but does not so withhold or deduct, and a liability resulting from such tax is assessed directly against the paying party, then, except to the extent the other party has satisfied or then satisfies the liability resulting from such tax, the other party will promptly pay to the paying party the amount of such liability (including any related liability for interest. Mn including any related liability for penalties only to the extent provided in subparagraph Niii)). No payment under this subparagraph (N(ii) is required to be made to the extent that the relevant liability arises from any gross negligence or wilful misconduct of the paying party. (iii) The amount of related liability for penalties shall only be payable to the paying party under subparagraph (b)(ii) where such penalties become due b