definiens: shall mean ( a ) any Encumbrances for Taxes, assessments or similar charges incurred in theordinary course of business consistent with past practice that are not yet due and payable ; ( b ) pledges or deposits made in theordinary course of business consistent with past practice ; ( c ) Encumbrances of mechanics, materialmen, warehousemen orother like Encumbrances securing obligations incurred in the ordinary course of business consistent with past practice that arenot yet due and payable or are being contested in good faith ; ( d ) similar Encumbrances which are incurred in the ordinarycourse of business consistent with past practice and which do not in the aggregate materially detract from the value of therelated assets or properties or materially impair the use thereof in the operation of such business ; and ( e ) Encumbrances inexistence as of the date of this Agreement, securing indebtedness reflected on the Interim Period Unaudited Company BalanceSheet