Common use of Deferred Tax Liability Clause in Contracts

Deferred Tax Liability. Notwithstanding the foregoing, the Contributing Holders shall not be responsible for any portion of any deferred tax liability which may be recorded on the balance sheet of the Corporations or the Company upon termination of the S corporation status.

Deferred Tax Liability. Notwithstanding the foregoing, the Contributing Holders Shareholders shall not be responsible for any portion of any deferred tax liability which may be recorded on the balance sheet of the Corporations or the Company Delta upon termination of the S corporation status.

Deferred Tax Liability. Notwithstanding the foregoing, the Contributing Holders Stockholders shall not be responsible for any portion of any deferred tax liability which may be recorded on the balance sheet of the Corporations or the Company Premier upon termination of the S corporation status.

Deferred Tax Liability. Notwithstanding the foregoing, the Contributing Holders ---------------------- Shareholders shall not be responsible for any portion of any deferred tax liability which may be recorded on the balance sheet of the Corporations or the Company Headlands upon termination of the S corporation status.