definiens: means, as to a Party, ( a ) the entry of an order for relief with respect to such Partyunder the Bankruptcy Code or any other bankruptcy, insolvency, reorganization or other similar act or law of anyjurisdiction now or hereafter in effect ; ( b ) the commencement of an involuntary proceeding against such Party underthe Bankruptcy Code or any other bankruptcy, insolvency, reorganization or other similar act or law of any jurisdictionnow or hereafter in effect, if not dismissed, bonded or stayed within ninety ( 90 ) days after such commencement ; ( c)the making by such Party of a general assignment for the benefit of creditors ; or ( d ) the appointment of or takingpossession by a receiver, liquidator, assignee, custodian, or trustee of all or substantially all of the business orproperty of such Party