definiens: shall mean, in respect of the Obligor : ( a ) the commencement by the Obligor of a voluntary case, administration, or other proceedings seeking liquidation, reorganization, dissolution or winding -up, or other relief with respect to itself or its debts under bankruptcy, insolve ncy, reorganization, liquidation, moratorium, winding -up, composition or readjustment of debts, or other similar law of any jurisdiction now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian, or other similar o fficial of it or any substantial part of its property, or consenting to or failing to controvert in an appropriate manner any such relief, or to the appointment of or taking possession by any such official in an involuntary case or other proceeding commenc ed against it, or making a general assignment for the benefit of ANNEX F -1 Page 5 its creditors, or failing generally to pay its debts as they become due, or taking any corporate action in any jurisdiction to authorize any of the foregoing ; ( b ) the commencement of an involuntary case, administration, or other proceedings seeking liquidation, reorganization, dissolution or winding -up, or other relief with respect to the Obligor or its debts under any bankruptcy, insolvency, reorganization, liquidation, moratorium, winding -up, composition or readjustment of debts, or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian, or other similar official of it or any substantial part of its property, and such involuntary case or other proceeding remaining undismissed and unstayed for a period of sixty ( 60 ) days ; ( c ) an order for relief entered against the Obligor under the bankruptcy laws of any jurisdict ion as now or hereafter in effect ; or ( d ) any event, circumstance, or proceedings analogous to any of the foregoing in any relevant jurisdiction