Common use of NOTICE OF ANY WITHHOLDING OR DEDUCTION Clause in Contracts

NOTICE OF ANY WITHHOLDING OR DEDUCTION. 8.1 All payments by the Issuer under this Agreement shall be made free and clear of, and without withholding or deduction for, any taxes, duties, assessments or governmental charges of whatever nature imposed, levied, collected, withheld or assessed by or within Norway or the United States or any authority therein or thereof having power to tax, unless such withholding or deduction is required by law or by reason of a FATCA Withholding. If the Issuer is, in respect of any payment, compelled to withhold or deduct any amount for or on account of taxes, duties, assessments or governmental charges as specifically contemplated under the Conditions, it shall give notice of that fact to the Agent as soon as it becomes aware of the requirement to make the withholding or deduction and shall give to the Agent such information as it shall require to enable it to comply with the requirement.