definiens: means any of the following : ( a ) a material defaul t by [COMPANY] under the sublicense granted by [COMPANY] to [COMPANY] pursuant to Article 2 of this Agreement that is not cured during the applicable c ure period ; ( b ) if [COMPANY] ( i ) becomes bankrupt, ( ii ) is adjudica ted to be bankrupt, ( iii ) suffers the appointment o f a custodian, receiver or trustee for it or its property and, if appointed without its consent, not discharged withi n thirty ( 30 ) days, ( iv ) makes an assignment for the benefit of creditors, or ( v ) suffers proceedings being ins tituted against it under any law related to bankruptcy, liq uidation or the reorganization, readjustment or rel ease of debtors and, if contested by it, not dismissed or s tayed within ninety ( 90 ) days ; ( c ) the institution or commencement by [COMPANY] of any proceeding under any l aw related to bankruptcy, liquidation or the A-3 reorganization, readjustment or release of debtors ; ( d ) the entering of any order for relief relating to any of the proceedings described in ( b ) or ( c ) above ; ( e ) the calling by [COMPANY] of a meeting of its creditors with a view to arranging a composition or adjustment of its debts ; or ( f ) the act or failure to act by [COMPANY] indicati ng its consent to, approval of or acquiescence in any of the proce edings described in ( b ) – ( e ) above