ACCOUNTING AND REPORTING STATEMENTS Clause Samples
ACCOUNTING AND REPORTING STATEMENTS. The News Parties shall accurately account for the rendition of the Media Services to the Company unless otherwise agreed upon in connection with particular Media Services. The News Parties shall prepare and deliver to the Company at the beginning and the end of each television broadcast season a statement (the "Services Statements") indicating in 2 reasonable detail the value (determined as provided herein) of the Media Services to be furnished and furnished under this Agreement during such television broadcast season computed in good faith in accordance with Section 2.2 and 3.5 of this Agreement. All such Services Statements, and the information contained therein, shall constitute confidential "Information" of the News Parties, which shall be subject to Article 8 hereof. Disputes with respect to any valuations of Media Services shall be resolved in accordance with Article 7.
