definiens: means with respect to Seller any of the following events ( i ) a receiver, receiver andmanager, administrator, trustee or similar official is appointed over any of the assets or undertaking of Seller;(ii ) Seller suspends payment of its debts generally ; ( iii ) Seller is or becomes unable to pay its debts when theyare due or is unable to pay its debts within the meaning of the Corporations Act ; ( iv ) Seller enters into orresolves to enter into any arrangement, competition or compromise with, or assignment for the benefit of, itscreditors or any class of them ; ( v ) an application or order is made for the winding up or dissolution of, or theappointment of a provisional liquidator, to Seller or a resolution is passed or steps are taken to pass aresolution for the winding up or dissolution of Seller ; or ( vi ) an administrator is appointed under theCorporations Act