definiens: means ( a ) statutory liens for current Taxes not yet due or delinquent ( or which may bepaid without interest or penalties ) or the validity or amount of which is being contested in good faith by appropriateproceedings, ( b ) mechanics ’, carriers ’, workers ’, repairers ’ and other similar liens arising or incurred in the ordinary courseof business relating to obligations as to which there is no default on the part of the Company or any of its Subsidiaries fora period greater than 60 days, or the validity or amount of which is being contested in good faith by appropriateproceedings, or pledges, deposits or other liens securing the performance of bids, trade contracts, leases or statutoryobligations ( including workers ’ compensation, unemployment insurance or other social security legislation ), ( c ) zoning, entitlement, conservation restriction and other land use and environmental regulations by Governmental Authorities whichare not violated by the current use or occupancy of the applicable real property and ( d ) all exceptions, restrictions, easements, imperfections of title, charges, rights - of - way and other Liens that do not materially interfere with the presentuse of the assets by the Company and its Subsidiaries