definiens: means any of the following : ( a ) in the event that Penn receives equityin Company under this Agreement, a material default by Company under any Equity Document, to the extentapplicable, that is not cured within any cure period specified in the Equity Document(s ), or within thirty ( 30 ) days ofwritten notice, if no cure period is specified ; ( b ) Company ( i ) becomes insolvent, bankrupt or generally fails to pay itsdebts as such debts become due, ( ii ) is adjudicated insolvent or bankrupt, ( iii ) admits in writing its inability to pay itsdebts, ( iv ) suffers the appointment of a custodian, receiver or trustee for it or its property and, if appointed without itsconsent, such appointment is not discharged within thirty ( 30 ) days, ( v ) makes an assignment for the benefit ofcreditors, or ( vi ) suffers proceedings being instituted against it under any law related to bankruptcy, insolvency, liquidation or the reorganization, readjustment or release of debtors and, if contested by it, not dismissed or stayedwithin ten ( 10 ) days ; ( c ) the institution or commencement by Company or its Affiliates of any proceeding under anylaw related to bankruptcy, insolvency, liquidation or the reorganization, readjustment or release of debtors ; ( d ) theentering of any order for relief relating to any of the proceedings described in Section 6.4(b ) or ( c ) above ; ( e ) thecalling by Company or its Affiliates of a meeting of its creditors with a view to arranging a composition or adjustmentof its debts ; ( f ) the act or failure to act by Company or its Affiliates indicating its consent to, approval of oracquiescence in any of the proceedings described in Section 6.4(b ) – ( c ) above ; ( g ) dissolution of Company ; or ( h ) thecommencement by Company of any action against Penn, including an action for declaratory judgment, to declare orrender invalid or unenforceable the Patent Rights, or any claim thereof