Common use of Reconciliation Statement Clause in Contracts

Reconciliation Statement. if, as a result of any change in accounting principles and policies from those used in the preparation of the financial statements, the financial statements of the Company and its consolidated Subsidiaries delivered pursuant to subsections (b), (c) or (f) of this Section 3.1 will differ in any material respect from the financial statements that would have been delivered pursuant to such subsections had no such change in accounting

Appears in 2 contracts

Sources: Stockholder Agreement (Paxson Communications Corp), Stockholder Agreement (Paxson Lowell W)