definiens: shall mean ( i ) statutory l iens for current Taxes not yet due or payable ( or which may be paid without interest or p enalties ) or Taxes the validity or amount of which is being contested in good faith by appropriate proceedings, ( ii ) mechanics ’, carriers ’, workers ’, repairers ’ a nd other similar liens arising or incurred in the ordinary c ourse of business relating to obligations as to whi ch there is no default on the part of a member of the [COMPANY] Gro up or the validity or amount of which is being cont ested in good faith by appropriate proceedings, or pledges, deposits or other liens securing the performance of bids, trade contracts, leases or statutory obligations ( includi ng workers ’ compensation, unemployment insurance or other social security legislation ), ( iii ) zoning, entitle ment, conservation restriction and other land use a nd environmental regulations by Governmental Authoriti es that do not materially interfere with the presen t use of the Purchased Assets, ( iv ) all covenants, condition s, restrictions, easements, charges, rights - of - way, other Encumbrances and other similar matters of record th at do not materially interfere with the present use of the Purchased Assets, ( v ) matters that would be disclos ed by an accurate survey or inspection of the Lease d Real Property and that do not materially impair the occu pancy or current use of such Leased Real Property w hich they encumber, ( vi ) any Encumbrances created by, through or on behalf of Purchaser or any of its Affiliates and ( vii ) all other Encumbrances that would not reasona bly be expected to materially impair the value, mar ketability or continued use of the Purchased Assets