definiens: means the ( i ) making of a general assignment for the benefit of creditors by an entity;(ii ) filing of any petition by an entity or the commencement of any proceeding voluntarily by an entity for any reliefunder any bankruptcy or insolvency laws or any law relating to the relief of debtors ; ( iii ) consent by an entity to theentry of an order in an involuntary bankruptcy or insolvency case ; ( iv ) entry of an order or decree for relief against anentity by a court of competent jurisdiction in an involuntary case under any bankruptcy or insolvency laws or any lawrelating to the relief of debtors, which order or decree is unstayed and in effect for a period of sixty ( 60 ) consecutivedays ; ( v ) appointment, with or without 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 ( vi ) admission by an entity inwriting of its inability to pay its debts generally as they become due