definiens: means, with respect to any person at any date, without duplication : ( i ) all obligations of such person forborrowed money or in respect of loans or advances ; ( ii ) all obligations of such person evidenced by bonds, debentures, notesor other similar instruments ; ( iii ) all obligations in respect of letters of credit, whether or not drawn, and bankers ’ acceptancesissued for the account of such person ; ( iv ) all interest rate or currency caps, collars, swaps or other similar protectionagreements of such person ( valued on a market quotation basis ) ; ( v ) any indebtedness for the deferred purchase price ofproperty or services with respect to which such person is liable, contingently or otherwise, as obligor or otherwise ( other thantrade payables and other current liabilities incurred in the ordinary course of business consistent with past business practiceswhich are not more than 120 days past due, unless the same are being contested in good faith by appropriate proceedings andwith respect to which such person has set aside adequate reserves therefor in accordance with GAAP ) ; ( vi ) any commitment bywhich such person assures a creditor against loss ( including contingent reimbursement obligations with respect to letters ofcredit ) ; ( vii ) any obligations of such person under leases that are required to be capitalized in accordance with GAAP;(viii ) any indebtedness secured by a lien or other encumbrance on such person ’s assets ; or ( ix ) any guarantee or othercontingent obligation ( including obligations to repurchase, reimburse or keep well ) of such person in respect of the items setforth in the foregoing clauses ( i ) through ( viii )