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 andfor which appropriate reserves have been established on the consolidated financial statements of the Company andits Subsidiaries in accordance with GAAP ; ( ii ) mechanics, carriers ’, workmen ’s, warehouseman ’s, repairmen’s, materialmen ’s or other Liens arising or incurred in the ordinary course of business relating to obligations as to whichthere is no default for a period greater than sixty ( 60 ) days or that are being contested in good faith and by appropriateproceedings ; ( iii ) easements, covenants and rights of way ( unrecorded and of record ) and other similar restrictions, zoning, entitlements, conservation, building and other land use and environmental restrictions or regulationspromulgated by Governmental Authorities, in each case that do not materially and adversely impacts the current useof the affected property ; ( iv ) Liens the existence of which are disclosed in the notes to the consolidated financialstatements of the Company included in the Company ’s Quarterly Report on Form 10 - Q for the quarterly period endedJune 30, 2014 ; ( v ) all exceptions, restrictions, imperfections of title, charges and other Liens that do not materiallyand adversely interfere with the present use of the assets of the Company and its Subsidiaries, taken as a whole ; and(vi ) Liens described in Section 1.1(b ) of the Company Disclosure Letter