definiens: means the Foreign Investment Promotion Board of I ndia ; means API that is produced as part of the Busines s or NPNC API that is produced at the AurangabadFacility, in each case that has passed all quality inspection tests such that a document certifying t hat the APIconforms to the specifications therefor has been or could be signed and dated by a duly authorized rep resentative ofthe Seller ; means generally accepted accounting principles fo r financial reporting in India as in effect as of t heEffective Date ; means any ( a ) nation, region, state, county, city, town, village, district or otherjurisdiction ; ( b ) federal, state, local, municipal, foreign or other government ; ( c ) governmental or q uasi - governmentalauthority of any nature ( including any governmental agency, branch, department or other entity and any court orother tribunal ) ; ( d ) multinational organization ; or ( e ) body exercising, or entitled to exercise, any administrative, executive, judicial, legislative, police, regulator y or taxing authority or power of any nature ; means, other than the Registrations, all filings and applications with anyGovernmental Authority, and all Consents, registrat ions, re - registrations, and declarations issued, gr anted, given orotherwise made available by or under the authority of any Governmental Authority or pursuant to any La w ; means any raw material, intermediate product, byp roduct, pollutant, contaminant, chemical, solvent, waste or any other substance or material ( whether solids, liquids or gases ) that is infectiou s, carcinogenic, persistent, ignitable, corrosive, reactive, explosi ve, poisonous, toxic or otherwise hazardous or that is listed, defined, designated or classified, or otherwise regulated un der any Environmental Law, including any admixture or solutionthereof, and including petroleum and all byproducts and derivatives thereof or synthetic substitutes t herefor, asbestosor asbestos - containing materials in any form or con dition, radioactive materials, urea - formaldehyde, l ead and lead - based paints, polychlorinated biphenyls and any oth er material or substance that is or that may presen t a threat tohuman health or the environment ; means, with respect to any Person, all Liability of such Person under any agreement, whetheror not in writing, relating to any transaction that is a rate swap, basis swap, forward rate transacti on, commodity swap, commodity option, equity or equity index swap or op tion, bond, note or bill option, interest rate opti on, forwardforeign exchange transaction, cap, collar or floor transaction, currency swap, cross - currency rate swa p, swaption, currency option or any other, similar transaction ( including any option to enter into any of the foreg oing ) or anycombination of the foregoing, and, unless the conte xt otherwise clearly requires, any master agreement relating to orgoverning any or all of the foregoing ; of any Person means, without duplication : ( a ) al l indebtedness of such Person, whether or notcontingent, for borrowed money ; ( b ) all obligations of such Person evidenced by credit agreements, not es, mortgages, bonds, letters of credit, Hedging Obligations, debe ntures or other similar instruments or debt securit ies and warrantsor other rights to acquire any such instruments or securities, including obligations so evidenced incu rred inconnection with the acquisition of property, assets or businesses ( including capital lease obligations ) ; and ( c ) allindebtedness of others referred to in clauses ( a ) a nd ( b ) hereof guaranteed, directly or indirectly, i n any manner bysuch Person, or in effect guaranteed directly or in directly by such Person 11 CONFIDENTIAL TREATMENT [ * * * ] Indicates that text has been omitted which is the s ubject of a confidential treatment request . This te xt has beenseparately filed with the SEC