An "event of insolvency" is the entry of a company into liquidation (other than for the purposes of amalgamation or reconstruction) or receivership of any kind, the passing of a resolution for a creditors' winding up, the making of a composition with creditors or a scheme of arrangement of its affairs, and the appointment of a receiver or interim receiver of an individual, and these temps are to be interpreted in accordance with the provisions of the Insolvency Act 1986.