definiens: means : ( i ) Liens securing purchase money indebtedness or obligations under any lease of property that is capitalized on [COMPANY] 's balance sheet in accordance with GAAP ; ( ii ) Liens with respect to the payment of taxes, assessments or governmental charges that are not yet due or that are being contested in good faith by appropriate proceedings properly instituted and diligently conducted and with respect to which adequate reserves or other appropriate provisions are being maintained in accordance with GAAP ; ( iii ) statutory Liens of landlords and Liens of suppliers, mechanics, carriers, materialmen, warehousemen or workmen and similar Liens imposed by law created in the ordinary course of business for amounts that are not yet due or that are being contested in good faith by appropriate proceedings properly instituted and diligently conducted and with respect to which adequate reserves or other appropriate provisions are being maintained in accordance with GAAP ; ( iv ) Liens incurred or deposits made in the ordinary course of business in connection with worker 's compensation, unemployment insurance or other types of social security benefits ; ( v ) Liens arising with respect to zomng restrictions, easements, licenses, reservations, covenants, rights - of - way, utility easement s, building restrictions and other similar charges or encumbrances on the use of real property which do not in any case materially detract from the value of the property subject thereto or interfere with the ordinary conduct of the business of [COMPANY] ; and ( vi ) any interest or title of the lessor in the property subject to any operating lease entered into by [COMPANY] in the ordinary course of business