Epson 5000 - Manual (Page 68)

PAPER OUT (red)
On when the printer runs out of paper.
BIN 1 (green)
On when bin 1 of the optional cut-sheet feeder is selected for
paper feeding.
BIN 2 (green)
On when bin 2 of the optional cut-sheet feeder is selected for
paper feeding.
TEAR OFF (yellow)
On when you press the TEAR OFF button to feed continuous
paper to the tear-off position.
CONDENSED (green)
On when you select condensed printing from the control panel.
FONT (green)
On when a specific font is selected. When you select Roman T
or Sans Serif H with your software, all the FONT lights are
turned off
Using the Printer 3-3