definiens: means with respect to a Person : ( a ) an adjudication that it is bankrupt or insolvent, or the entryof an order for relief under applicable bankruptcy or any similar law ; ( b ) the making by it of a general assignment for thebenefit of creditors ; ( c ) the commencement by it of a voluntary case or other proceeding seeking liquidation, reorganization or other relief with respect to itself or its debts under any bankruptcy, insolvency or other similar lawnow or hereafter in effect, or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar officialover it or any substantial part of its property, or consent to any such relief or to the appointment of or taking ofpossession by any such official in an involuntary case or other proceeding commenced against it ; or ( d ) thecommencement against it of an involuntary case or other proceeding seeking liquidation, reorganization or other reliefwith respect to it or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seekingthe appointment of a trustee, receiver, liquidator, custodian or other similar official over it or any substantial part of itsproperty, such involuntary case or other proceeding remaining undismissed or unstayed for a period of 60 calendar days