Common use of DECLARATION OF INSOLVENCY Clause in Contracts

DECLARATION OF INSOLVENCY. Upon any event of termination set forth in Section 4(c), Quest shall have the right to enter the premises of SF (or anywhere the Equipment may be found) and take possession of the same and remove the same, upon which all rights of SF will terminate absolutely. Quest's right to possession under this Section 10 shall inure to its benefit without demand or legal process and without being guilty of trespass or conversion.