definiens: of any Person shall mean ( i ) all obligations of such Person for borrowed money orwith respect to cash deposits or advances of any kind other than customer pre - payments made pursuant to such Person’sContracts in the ordinary course of business, ( ii ) all obligations of such Person evidenced by bonds, debentures, notes orsimilar instruments, ( iii ) all obligations of such Person upon which interest charges are customarily paid, other than tradecredit incurred in the ordinary course of business consistent with past practice, ( iv ) all obligations of such Person underconditional sale or other title retention agreements relating to property or assets purchased by such Person, ( v ) all obligationsof such Person issued or assumed as the deferred purchase price of property or services, other than trade payables in theordinary course of business paid consistent with past practice, ( vi ) all indebtedness of others secured by ( or for which theholder of such indebtedness has an existing right, contingent or otherwise, to be secured by ) any Lien on property owned oracquired by such Person, whether or not the obligations secured thereby have been assumed, ( vii ) all Guarantees by suchPerson, ( viii ) all capital lease obligations of such Person, ( ix ) all net obligations of such Person in respect of interest rateprotection agreements, foreign currency exchange agreements or other interest or exchange rate hedging arrangements and(x ) all obligations of such Person as an account party in respect of letters of credit and bankers ’ acceptances