definiens: means the following : ( 1 ) Liens existing as of this date or anticipated, and disclosed in Schedule 2 attached hereto and incorporated herein by this reference ; ( 2 ) Liens for taxes, fees, assessments or other governmental charges or levies, either not delinquent or being contested in good faith by appropriate proceedings ; ( 3 ) Liens ( a ) upon or in ~ y equipmel!!l(other than ~ ~t1BiplBeftt ef Gfaftter aesefib~ in ! etti9B 2(a)(iiJ of the ~eearity J.pemeeO ~EtYit'ee Sf he1!t by Borrower to secure ; ~:a~:=~U::=:~!~:~~=:~ thereof or ( b ) existing on~ = . : : tIw=== provided that the Lien is ~MiBeIi soleliJto the ~~ and --- and the 1F6e ~ of such ' elYipme!J ; ( 4 ) Liens consisting of leases or subleases and licenses and sublicenses granted to others in the ordinary course of Borrower 's business not interfering in any material respect with the business of Borrower and any interest or title of a lessor or licensor under any lease or license, as applicable ; 326431 vSIP A 6ZVJOS!.OOC 5 . CONFIDENT ~ AL TREATMENT REQUESTED ( 5 ) Liens securing claims or demands of materialmen, mechanics, carriers, warehousemen, landlords and other like persons or entities imposed without action of such parties, provided thaT the payment thereof is not yet required ; ( 6 ) Liens incurred or deposits made in the ordinary course of Borrower 's business in connection with worker 's compensation, unemployment insurance, social security and other like laws ; ( 7 ) Liens arising from judgments, decrees or attachments in circumstances not constituting an Event of Default ; ( 8) Easements, reservations, rights - of - way, restrictions, minor defects or irregularities in title and other similar charges or encumbrances affecting real property not interfering in any material respect with the ordinary conduct of Borrower 's business ; ( 9 ) Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in connection with the importation of goods ; ( 10 ) Liens which constitute rights of set - off of a customary nature ; ( 11 ) Any interest or title of a lessor in equipment subject to any Capital Lease ' otherwise pennitted hereunder ; and ~ ( 12 ) Any Liens arising from the filing of any fmancing statements relating to true leases otherwise permitted hereunder