the other party becomes insolvent, a petition for the winding up of the other party is presented against the other party (except for the purpose and followed by reconstruction, amalgamation or reorganisation), or for the appointment of a liquidator (including provisional liquidator). receiver, judicial manager, trustee, administrator, agent or similar officer of the other party or over any part of the assets of the other party or if the other party makes a general assignment or an arrangement or composition with or for the benefit of its creditors or becomes subject to an administration order or any similar