definiens: means ( a ) an admission in writing by the Seller of itsinability to pay its debts generally or a general assignment by the Seller for the benefit of9ny-1700062 v1creditors, ( b ) the filing of any petition or answer by the Seller seeking to adjudicate itself asbankrupt or insolvent, or seeking for itself any liquidation, winding - up, reorganization, arrangement, adjustment, protection, relief or composition of the Seller or its debts under anyApplicable Law relating to bankruptcy, insolvency, receivership, winding - up, liquidation, reorganization, examination, relief of debtors or other similar Applicable Law now or hereafter ineffect, or seeking, consenting to or acquiescing in the entry of an order for relief in any case underany such Applicable Law, or the appointment of or taking possession by a receiver, trustee, custodian, liquidator, examiner, assignee, sequestrator or other similar official for the Seller or forany substantial part of its property, or ( c ) corporate or other action taken by the Seller to authorizeany of the actions set forth above