definiens: means, with respect to any Person, without duplication : ( a ) the principal, accretedvalue, accrued and unpaid interest, fees and prepayment premiums or penalties, unpaid fees or expenses and othermonetary obligations in respect of ( i ) indebtedness of such Person for borrowed money and ( ii ) indebtednessevidenced by notes, debentures, bonds, or other similar instruments for the payment of which such Person is liable;(b ) all obligations of such Person issued or assumed as the deferred purchase price of property ( other than tradepayables or accruals incurred in the ordinary course of business ) ; ( c ) all obligations of such Person for thereimbursement of any obligor on any letter of credit, banker ’s acceptance or similar credit transaction ; ( d ) allobligations of such Person under Capital Leases ; ( e ) all obligations of the type referred to in clauses ( a ) through ( d ) ofany Persons for the payment of which such Person is responsible or liable, directly or indirectly, as obligor, guarantor, surety or otherwise, including guarantees of such obligations ( but solely to the extent of such responsibility orliability ) ; and ( f ) all obligations of the type referred to in clauses ( a ) though ( e ) of other Persons secured by ( or forwhich the holder of such obligations has an existing right, contingent or otherwise, to be secured by ) any Lien on anyproperty or asset of such Person ( whether or not such obligation is assumed by such Person ) ; provided that if suchPerson has not assumed such obligations, then the amount of Indebtedness of such Person for purposes of thisclause ( f ) shall be equal to the lesser of the amount of the obligations of the holder of such obligations and the fairmarket value of the assets of such Person which secure such obligations