definiens: of any Person means, without duplica tion, ( a ) the principal of, interest on and premium ( if any ) in respect of ( i ) indebtedness of such Person for mone y borrowed and ( ii ) indebtedness evidenced by notes, debentures, bonds or other similar instruments for the payment of which such Person is responsible or liable ; ( b ) all obligations of such Person issued or assumed as the deferred purchase price of property, all condi tional sale obligations of such Person and all obligations of s uch Person under any title retention agreement incl uding trade accounts payable and other accrued current liabilit ies arising in the ordinary course of business ; ( c ) all obligations of such Person under leases required to be capitali zed in accordance with generally accepted accountin g principles ; ( d ) all obligations of such Person for the reimburs ement of any obligor on any letter of credit, banke r ’s acceptance or similar credit transaction ; ( e ) the liquidation value of all redeemable preferred stock of such Per son ; ( f ) all obligations of the type referred to in clauses ( a ) through ( e ) of any Persons for the payment of which such Person is responsible or liable, directly or indirectly, a s obligor, guarantor, surety or otherwise, includin g guarantees of such obligations ; and ( g ) all obligations of the ty pe referred to in clauses ( a ) through ( f ) of other Persons secured by any Lien on any property or asset of such Person ( whether or not such obligation is assumed by such Person )