definiens: means the occurrence of any of the following : ( a ) the filing of a petition by or against a Party to have such a Party adjudged as bankrupt or a petition for reorganization or arrangement of such Party under any Debtor Relief Law ( unless, in the case of a petition filed against such Party, the same is dismissed within sixty ( 60 ) days after it is filed ) ; ( b ) the making of any general assignment or general arrangement for the benefit ofa Party 's creditors under any Debtor Relief Law ; ( c ) the appointment of a trustee or receiver to take possession of all or substantially all of a Party 's assets under any Debtor Relief Law ( unless such possession is returned to such Party within thirty ( 30 ) days after such appointment ) ; ( d ) the attachment, execution or other judicial seizure of all or substantially all of a Party 's assets ( unless the same is released within thirty ( 30 ) days ) ; or ( e ) the dissolution or liquidation by or of a Party, or the adoption of any plan of dissolution or liquidation, if such Party does not continue as a viable business in altered form