definiens: shall mean the ( a ) making of a general assignment for the benefit of creditors by the an entity ; ( b ) filing of any petition by an entity or the commencement of any proceeding voluntarily by an entity for any relief under any bankruptcy or insolvency laws or any law relating to the relief of debtors ; ( c ) consent by an entity to the entry of an order in an involuntary bankruptcy or insolvency case ; ( d ) entry of an order or decree for relief against an entity by a court of competent jurisdiction in an involuntary case under any bankruptcy or insolvency laws or any law relating to the relief of debtors, which order or decree is unstayed and in effect for a period of sixty ( 60 ) consecutive days ; ( e ) appointment, with or without 25 < Page > EXECUTION COPY the consent of an entity, of any receiver, liquidator, custodian, assignee, trustee, sequestrator or other similar official of an entity or any substantial part of its property ; or ( f ) admission by an entity in writing of its inability to pay its debts generally as they become due