definiens: shall mean ( a ) any indebtedness for borrowed money ( including the issuance of any debt security ) to any Person, including any capital leases ; ( b ) any obligations evidenced by notes, bonds, debentures or similar Contracts to any Person other than the Company ; ( c ) any obligations in respect of letters of credit and bankers ’ acceptances ( other than letters of credit used as security for leases ) ; ( d ) all indebtedness created or arising under any conditional sale or other title retention agreement wit h respect to property acquired or deferred purchase price of property or services ( other than trade accounts payable in the ordinary course ) ; ( e ) net obligations of any interest rate swap, currency swap, forward currency or interest rate contracts or other interest rate or currency hedging arrangements ; or ( f ) any guaranty of any such obligations described in clauses ( a ) through ( e ) of any Person other than the Company ( other than, in any case, accounts payable to trade creditors and accrued expenses, in ea ch case, arising in the ordinary course of business consistent with past practice )