definiens: means all ( a ) liens for Ta xes and other governmental charges that are not delinquent or are being contested in good faith by appropriate proceedings and for which adequate rese rve has been made in the Company Financial Statements ; ( b ) cashiers ’, landlords ’, workmen ’s, repairmen ’s, warehousemen ’s and carriers ’ liens and other simila r liens imposed by Law, incurred in the ordinary co urse of business for sums not yet due and payable ; ( c ) pled ges or deposits in connection with workers compensa tion, unemployment insurance and other social security le gislation for sums not yet due and payable ; and ( d ) other Encumbrances of any type incurred in the ordinary c ourse of business which do not materially detract f rom the value of, or materially interfere with, the present use and enjoyment of the asset or property subject thereto or affected thereby