definiens: means any lien, pledge, hypothecation, charge, mortgage, security interest, encumbrance, equity, trust, equitable interest, claim, preference, right of possession, lease, tenancy, license, encroachment, covenant, infringement, interference, Order, proxy, option, right of first refusal, preemptive right, community property interest, legend, defect, impediment, exception, reservation, limitation, impairment, imperfection of title, condition or restriction of any nature(including any restriction on the voting of any security, any restriction on the transfer of any security or other asset, anyrestriction on the receipt of any income derived from any asset, any restriction on the use of any asset ( except as imposed byany Legal 4Requirement, or, in the case of a license, by the terms of the license ) and any restriction on the possession, exercise or transferof any other attribute of ownership of any asset ) other than Permitted Encumbrances