definiens: means any Lien ( i ) for Taxes or governmental assessments, charges or claims of payment not yet due and payable, beingcontested in good faith or for which adequate accruals or reserves have been established in accordance with GAAP, ( ii ) which is a carriers’,warehousemen ’s, mechanics ’, materialmen ’s, repairmen ’s or other similar Lien, or is incurred in connection with workers ’ compensation, unemploymentinsurance or other types of social security, arising in the ordinary course of business, ( iii ) with respect to leased property or Intellectual Property licensedon a non - exclusive basis, the express terms and conditions of the applicable leases and licenses, or ( iv ) which do not or would not reasonably beexpected to materially impair the continued use of the applicable property for the purposes for which the property is currently being used and which donot secure Indebtedness for borrowed money