6.1 Prior to the first disbursement under the Credit Facility Agreement, the Guarantor shall prove in form and substance satisfactory to the Beneficiary that the Beneficiary is exempt from all taxes, fees, charges and similar costs in the

Republic of Serbia on all payments to be made by the Guarantor under this Guarantee.

6.2 In any case, all payments to be made by the Guarantor under this Guarantee

shall be made without any deduction or withholding. If the Guarantor is required by law or otherwise to make any deduction or withholding from any sum payable to the Beneficiary, then the Guarantor shall pay such additional amounts as to

ensure that the Beneficiary receives a net sum equal to the sum it would have received had no such deduction or withholding been made.

6.3 All taxes, fees, charges, stamp duties and similar costs accruing in connection

with the conclusion and implementation of this Guarantee outside France shall be borne by the Guarantor. Any such cost accruing in France shall be borne by the Guarantor if caused by it. If any such cost to be borne by the Guarantor are

paid by the Beneficiary, the Guarantor shall promptly on demand reimburse the Beneficiary.

6.4 All costs and expenses, including legal expenses, arising out of or in connection

with the preparation, negotiation, execution, registration, implementation, modification, preservation or enforcement of this Guarantee, the rights hereunder, or any security or document pertaining hereto shall be borne by the

Guarantor if not paid by the Borrower. If any such cost or expense is paid by the Beneficiary, the Guarantor shall promptly on demand reimburse for the full amount of such cost or expense, including such part thereof as represents VAT.