Billing or Accrual Basis. License fee reports will be made on a billing or accrual basis by Station, except that Station may report on a cash basis if its books have been kept on a cash basis, in which case LICENSEE shall not be entitled to the deduction referenced in Section
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Samples: Radio Broadcasting Performance License, Sesac Radio Broadcasting Performance License, Radio Broadcasting Performance License
Billing or Accrual Basis. License fee reports will be made on a billing or accrual basis by Stationall stations, except that Station any station may report on a cash basis if its books have been kept on a cash basis, in which case LICENSEE shall not be entitled to the deduction referenced in SectionSection 2.J of this Agreement.
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