definiens: means the ( i ) making of a general assignment for the benefit of creditors by an entity;(ii ) filing of any petition by an entity or the commencement of any proceeding voluntarily by an entity for anyrelief under any bankruptcy or insolvency laws or any law relating to the relief of debtors ; ( iii ) consent by anentity to the entry of an order in an involuntary bankruptcy or insolvency case ; ( iv ) entry of an order or decree forrelief against an entity by a court of competent jurisdiction in an involuntary case under any bankruptcy orinsolvency laws or any law relating to the relief of debtors, which order or decree is unstayed and in effect for aperiod of sixty ( 60 ) consecutive days ; ( v ) appointment, with or without the consent of an entity, of any receiver, liquidator, custodian, assignee, trustee, sequestrator or other similar official of an entity or any substantial part ofits property ; or ( vi ) admission by an entity in writing of its inability to pay its debts generally as they become due