tokens: or any other insolvency , liquidation , reorganization or other similar proceeding concerning the Borrower , any action for the dissolution of the Borrower , any proceeding ( judicial or otherwise ) concerning the application of the assets of the Borrower , for the benefit of its creditors , the appointment of or any proceeding seeking the appointment of a trustee , receiver or other similar custodian for all or any substantial part of the assets of the Borrower or any other action concerning the adjustment of the debts of the Borrower or the cessation of business by the Borrower , except following a sale , transfer or other disposition of all or substantially all of the assets of the Borrower in a transaction permitted under the Loan Documents ; provided , however , that following any such permitted transaction affecting the title to the Property or the Interests , the Borrower for purposes of this Agreement shall be defined to mean the successor owners to the Property or the Interests ; provided , further , however , that for the purposes of this definition , in the event that more than one entity comprises the Borrower , the term " Borrower " shall refer to any such entity . "