ServiceMagic 2012 Annual Report Download - page 153

S-19
title in respect of such goods) financed by such letters of credit, banker’s acceptances or bank guarantees and the proceeds
and products thereof;
(9) Liens encumbering deposits made to secure obligations arising from common law, statutory, regulatory,
contractual or warranty requirements of the Issuer or any Restricted Subsidiary, including rights of offset and setoff;
(10) bankers’ Liens, rights of setoff and other similar Liens existing solely with respect to cash and Cash
Equivalents on deposit in one or more accounts maintained by the Issuer or any Restricted Subsidiary, in each case granted
in the ordinary course of business in favor of the bank or banks with which such accounts are maintained, securing amounts
owing to such bank with respect to cash management and operating account arrangements, including those involving
pooled accounts, sweep accounts and netting arrangements; provided that in no case shall any such Liens secure (either
directly or indirectly) the repayment of any Indebtedness;
(11) leases, assignments, or subleases, licenses granted to others that do not materially interfere with the ordinary
course of business of the Issuer or any Restricted Subsidiary;
(12) Liens arising from filing Uniform Commercial Code financing statements or equivalent statements regarding
leases;
(13) Liens securing Indebtedness incurred pursuant to clause (1) of the definition of “Permitted Indebtedness”;
(14) Liens securing Hedging Obligations entered into for bona fide hedging purposes of the Issuer or any
Restricted Subsidiary not for the purpose of speculation;
(15) Liens existing on the Issue Date;
(16) Liens in favor of the Issuer or a Guarantor;
(17) Liens securing Purchase Money Indebtedness or Capitalized Lease Obligations; provided that such Liens
secure obligations incurred pursuant to clause (6) of Section 4.06;
(18) Liens securing Acquired Indebtedness permitted to be incurred under this Indenture; provided that the Liens
do not extend to assets not subject to such Lien at the time of acquisition (other than (a) the property encumbered at the
time a Person becomes a Restricted Subsidiary, (b) after acquired property that is required to be pledged pursuant to the
agreement granting such Lien as in effect on the date such Person becomes a Restricted Subsidiary and (c) proceeds and
products thereof) and are no more favorable to the lienholders than those securing such Acquired Indebtedness prior to the
incurrence of such Acquired Indebtedness by the Issuer or a Restricted Subsidiary;
(19) deposits and other Liens securing credit card operations of the Issuer and its Subsidiaries, provided the
amount secured does not exceed amounts owed by the Issuer and its Subsidiaries in connection with such credit card
operations;
(20) Liens to secure Refinancing Indebtedness of Indebtedness secured by Liens referred to in the foregoing
clauses (15), (17) and (18) and the following clauses (24) and (29); provided that in the case of Liens securing Refinancing
Indebtedness of Indebtedness secured by