definiens: or means, with respect to any Person, that ( a ) such Person ( i ) makes a generalassignment for the benefit of creditors ; ( ii ) files a voluntary bankruptcy petition ; ( iii ) becomes the subject of an orderfor relief or is declared insolvent in any federal or state bankruptcy or insolvency proceedings ; ( iv ) files a petition oranswer seeking for such Person a reorganization, arrangement, composition, readjustment, liquidation, dissolution, orsimilar relief under any law ; ( v ) files an answer or other pleading admitting or failing to contest the material allegationsof a petition filed against such Person in a proceeding of the type described in subclauses ( i ) through ( iv ) of thisclause ( a ) ; or ( vi ) seeks, consents to, or acquiesces in the appointment of a trustee, receiver, or liquidator of suchPerson ’s or of all or any substantial part of such Person ’s properties ; or ( b ) against such Person, a proceedingseeking reorganization, arrangement, composition, readjustment, liquidation, dissolution, or similar relief under any lawhas been commenced and 120 days have expired without dismissal thereof or with respect to which, without suchPerson ’s consent or acquiescence, a trustee, receiver, or liquidator of such Person or of all or any substantial part ofsuch Person ’s properties has been appointed and 120 days have expired without the appointment having beenvacated or stayed, or 120 days have expired after the date of expiration of a stay, if the appointment has notpreviously been vacated