definiens: shall mean any mortgage, pledge, lien, security interest, conditional or installment sale agreement, encumbrance, charge or other claims of third parties of any kind, except for ( a ) liens for Taxes or governmental charges orclaims ( i ) not yet due and payable or ( ii ) being contested in good faith and by appropriate proceedings ( with no risk offorfeiture ), if a reserve or other appropriate provision, if any, as shall be required by GAAP shall have been made therefor onthe Interim Financial Statements ; ( b ) statutory liens of landlords, lien of carriers, warehousemen ’s, mechanics andmaterialmen ’s and other liens imposed by law incurred in the ordinary course of business for sums ( i ) not yet due and payableand ( ii ) being contested in good faith, if a reserve or other appropriate provision, if any, as shall be required by GAAP shallhave been made therefor on the Interim Financial Statements ; ( c ) liens incurred or deposits made in connection with workers’compensation, unemployment insurance and other similar types of social security programs in each case in the ordinarycourse of business consistent with past practice ; ( d ) with respect to personal property only, purchase money security interestsincurred in the ordinary course of business, consistent with past practice ; ( e ) easements, rights - of - way, restrictions and othersimilar non - monetary charges or encumbrances, in each case, which do not interfere with the ordinary conduct of theCompany ’s operations and do not or would not materially detract from the value of the property to which such encumbrancerelates ; and ( g ) with respect to the Leased Property only, liens, security interests or encumbrances that have been placed byany developer, landlord or other third party on the fee estate in real property with respect to which the Company has easementrights or leasehold interests the foreclosure or other exercise of remedies under which liens, security interests or encumbrancesat a time when the Company is not in default under any applicable grace or cure period under the applicable lease or subleasewould not result in a termination of such lease or sublease or of the Company ’s rights and estates thereunder in and to suchProperty