definiens: means, with respect to any Person, ( a ) all indebtedness of such Person, whether or not contingent, for borrowed money, ( b ) all obligations of such Person for the deferred purchase price of property or services, ( c ) all obligations of such Person evidenced by notes, bonds, debentures or other similar instruments, ( d ) all indebtedness created or arising under any conditional sale or other title retenti on agreement with respect to property acquired by such Person ( even though the rights and remedies of the seller or lender under such agreement in the event of default are limited to repossession or sale of such property ), ( e ) all obligations of such Perso n as lessee under leases that have been or should be, in accordance with GAAP, recorded as capital leases, ( f ) all obligations, contingent or otherwise, of such Person under acceptance, letter of credit or similar 3 < PAGE > facilities, ( g ) all Indebtedness of others referred to in clauses ( a ) through ( f ) above guaranteed directly or indirectly in any manner by such Person, and ( h ) all Indebtedness referred to in clauses ( a ) through ( f ) above secured by ( or for whic h the holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by ) any Encumbrance on property ( including, without limitation, accounts and contract rights ) owned by such Person, even though such Person has not assumed or b ecome liable for the payment of such Indebtedness