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by reference to, among other things, the Parties' relative intent, knowledge, access to <br />information and opportunity to correct or prevent the circumstances resulting in such <br />expenses, judgments, fines or settlement amounts. MLE's contribution amount in any <br />instance is capped to the same extent it would have been capped under Washington law <br />if the State had sole liability in the proceeding. <br />15.3 With respect to a Third Party Claim for which Subrecipient is jointly liable with MLE (or <br />would be if joined in the Third Party Claim), Subrecipient shall contribute to the amount of <br />expenses (including attorneys' fees), judgments, fines and amounts paid in settlement <br />actually and reasonably incurred and paid or payable by MLE in such proportion as is <br />appropriate to reflect the relative fault of Subrecipient on the one hand and of MLE on the <br />other hand in connection with the events that resulted in such expenses, judgments, fines <br />or settlement amounts, as well as any other relevant equitable considerations. The relative <br />fault of Subrecipient on the one hand and of MLE on the other hand shall be determined <br />by reference to, among other things, the Parties' relative intent, knowledge, access to <br />information and opportunity to correct or prevent the circumstances resulting in such <br />expenses, judgments, fines or settlement amounts. Subrecipient's contribution amount in <br />any instance is capped to the same extent it would have been capped under Washington <br />law if it had sole liability in the proceeding. <br />SECTION 16: SUBRECIPIENT DEFAULT <br />Subrecipient will be in default under this Agreement upon the occurrence of any of the following <br />events: <br />16.1 Subrecipient fails to perform, observe or discharge any of its covenants, agreements or <br />obligations under this Agreement; <br />16.2 Any representation, warranty or statement made by Subrecipient in this Agreement or in <br />any documents or reports relied upon by MLE to measure the delivery of services, the <br />expenditure of funds or the performance by Subrecipient is untrue in any material respect <br />when made; <br />16.3 Subrecipient (a) applies for or consents to the appointment of, or taking of possession by, <br />a receiver, custodian, trustee, or liquidator of itself or all of its property, (b) admits in writing <br />its inability, or is generally unable, to pay its debts as they become due, (c) makes a general <br />assignment for the benefit of its creditors, (d) is adjudicated a bankrupt or insolvent, (e) <br />commences a voluntary case under the Federal Bankruptcy Code (as now or hereafter in <br />effect), (f) files a petition seeking to take advantage of any other law relating to bankruptcy, <br />insolvency, reorganization, winding -up, or composition or adjustment of debts, (g) fails to <br />controvert in a timely and appropriate manner, or acquiesces in writing to, any petition filed <br />against it in an involuntary case under the Bankruptcy Code, or (h) takes any action for the <br />purpose of effecting any of the foregoing; or <br />16.4 A proceeding or case is commenced, without the application or consent of Subrecipient, in <br />any court of competent jurisdiction, seeking (a) the liquidation, dissolution or winding -up, or <br />the composition or readjustment of debts of Subrecipient, (b) the appointment of a trustee, <br />receiver, custodian, liquidator, or the like of Subrecipient or of all or any substantial part of <br />its assets, or (c) similar relief in respect to Subrecipient under any law relating to <br />MLE 123-122 Subrecipient Agreement - Boating Program (FFA Grant Award) Page 16 of 64 <br />