definiens: means ( a ) mechanics, ’ materialmen ’s and similar Liens with respect to any amounts ( i ) not yet due and payable or ( ii ) which are being contested in good faith by appropriate proceedings and for which adequate reserves have been established in ac cordance with GAAP ; ( b ) Liens for Taxes ( i ) not yet due and payable or ( ii ) which are being contested in good f aith by appropriate proceedings and for which adequ ate reserves have been established in accordance with G AAP ; ( c ) purchase money Liens and Liens securing re ntal payments under capital lease agreements ; ( d ) pledge s or deposits under workers ’ compensation legislati on, unemployment insurance Laws or similar Laws ; ( e ) go od faith deposits in connection with bids, tenders, leases, Contracts or other agreements, including rent secur ity deposits ; ( f ) pledges or deposits to secure pub lic or statutory obligations or appeal bonds ; ( g ) with res pect to real property, ( i ) easements, declarations, covenants, rights - of - way, restrictions and other similar 10 charges, instruments or encumbrances that, in each case, are recorded against title to, and which do n ot materially impair the present use or occupancy of, such real property ; ( ii ) zoning ordinances, varianc es, conditional use permits and similar regulations, pe rmits, approvals and conditions which are not viola ted by the present use or occupancy of the real property subje ct thereto ; ( iii ) Liens not created by the Parties that affect the underlying fee interest of any leased real property which do not materially impair the present use or occupancy of such leased real property ; and ( iv ) any state of facts that an accurate survey or inspection of the property would disclose to the extent such matters or states of fact do not materially detract from the value o r materially impair the present use or occupancy of such real pr operty ; ( h ) to the extent released or terminated at or prior to the Closing Date, Liens securing payment, or any ot her obligations, of any Person with respect to inde btedness ; ( i ) Liens expressly referred to in the Pluto SEC Do cuments or the Utah SEC Documents ; ( j ) non - exclusiv e licenses and similar grants of Intellectual Propert y granted by or on behalf of the Spinco Business or by Utah or any of its Subsidiaries, as the case may be, in the ordinary course of their respective business ; ( k ) other Liens that do not materially detract from the value of, o r materially impair the current use of, the assets subject thereto ; and ( l ) Liens described on Section 1.1(b ) of the Sp inco Disclosure Schedule or Section 1.1(b ) of the U tah Disclosure Schedule