Calendar entry (EFTA01456445)

(a) "Act of Insolvency" shall occur with respect to any party hereto upon - (i) its making a general assignment for the benefit of. entering into a reorganisation. arrangement. or composition with creditors: or its admitting in writing that it is unable to pay its debts as they become due: or (iii) its seeking. consenting to or acquiescing in the appointment of any trustee, administrator. receiver or liquidator or analogous officer of it or any material part of its property; or (iv) th