definiens: means an event which occurs when a company : ( a ) is unable to pay its debts asthey become due ( under Swiss law : Zahlungsunfähigkeit ) ; ( b ) enters into compulsory or voluntaryliquidation ; ( c ) is dissolved, or an order is made or a resolution is passed for its winding up ( other thanfor the purpose of effecting a reconstruction or amalgamation in such manner that the companyresulting from such reconstruction or amalgamation, if a different legal entity, shall agree to be boundby and assume the obligations of the relevant Party under this License Agreement ) ; ( d ) with respectto any Swiss entity is, under Swiss law, over - indebted ( überschuldet ) pursuant to article 725 par . 2 ofThe Swiss Code of Obligations ; ( e ) compounds with or convenes a meeting of its creditors or has orseeks to have an administrator, receiver, liquidator, or trustee appointed over all or any part of itsassets or takes or suffers any similar action in consequence of a debt ; ( f ) with respect to any Swissentity, files under Swiss law a petition for the opening or postponement of bankruptcy proceedings(Antrag auf Konkurseröffnung oder Konkursaufschub ) or the grant of a moratorium(Nachlassstundung ) ; ( g ) with respect to any Swiss entity, has been issued a bankruptcy warningaccording to art . 159 Swiss Debt Enforcement and Bankruptcy Code ; ( h ) causes or is subject to anyevent with respect to which, under the applicable laws of any jurisdiction has an analogous effect toany of the events specified above ; or ( i ) ceases for any reason to carry on business