definiens: means, with respect to any Person, the occurrence of any of the following : ( a ) such Person voluntarily commences any case, proceeding or other action ( i ) under any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization, relief of debtors or the like, seeking to have an order for relief entered with respect to it, or seeking to ad judicate it bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding -up, liquidation, dissolution, composition or other relief with respect to it or its debts, or ( ii ) seeking appointment of a receiver, trustee, custodian or other similar official for it or for all or any portion of its assets, or such Person makes a general assignment for the benefit of its creditors ; ( b ) there is commenced against such Person any case, proceeding or other action of a nature referred to in clause ( a ) above that remains undismissed or undischarged for a period of sixty ( 60 ) consecutive calendar days from the commencement thereof ; or A-1 ( c ) the entry of an order or decree issuing a warrant of attachment, execution, distraint or similar proces s against all or any substantial portion of such Person ’s assets relating to Products that has not been vacated, discharged, stayed or satisfied pending appeal for sixty ( 60 ) consecutive calendar days from the entry thereof