definiens: shall mean any of the following : ( i ) Liens for Taxes, assessments and governmentalcharges or levies either not yet delinquent or which are being contested in good faith by appropriate proceedings and forwhich appropriate reserves have been established on the consolidated financial statements of the Company and itsSubsidiaries in accordance with GAAP as adjusted in the ordinary course of business through the Acceptance Time;(ii ) mechanics, carriers ’, workmen ’s, warehouseman ’s, repairmen ’s, materialmen ’s or other Liens arising or incurred in theordinary course of business relating to obligations as to which there is no default or that are being contested in good faith andby appropriate proceedings ; ( iii ) easements, covenants and rights of way ( unrecorded and of record ) and other similarrestrictions, and zoning, building and other similar codes or restrictions, in each case that do not adversely affect in anymaterial respect the applicable property owned, leased, used or held for use by the Company or any of its Subsidiaries;(iv ) Liens the existence of which are disclosed in the notes to the consolidated financial statements of the Company includedin the Company ’s Quarterly Report on Form 10 - Q for the quarterly period ended June 30, 2013 ; and ( v ) Liens described inSection 1.1 of the Company Disclosure Letter