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limited to, all revenues from ticket sales, food and beverage sales, merchandise sales, concessions and products sales, novelties, parking, telecast and broadcast rights, pouring rights, advertising, sponsorship, promotional and signage rights, Facility naming rights, and any other revenues derived or generated in connection with baseball and non -baseball events held at the Facility (exclusive of any County use events). Section 7.02. Naming Rights. At all times during the Term, the Dodgers shall have the right, at their sole and absolute discretion, to sell naming, affiliation, and/or sponsorship rights in and to Holman Stadium and/or any portion of the Facility and/or to change the name of Holman Stadium and/or any portion of the Facility without the prior review and/or consent of the County. Any and all revenues derived from the sale of naming, affiliation, and/or sponsorship rights in and to Holman Stadium and/or any portion of the Facility shall be retained solely by the Dodgers. ARTICLE Vill CAPITAL IMPROVEMENTS AND REPAIR Section 8.01 _ Capital Reserve Account. During the Term (until depleted), the Dodgers shall establish a trust account with a depository (the "Capital Reserve Account") in which County Funds shall be deposited pursuant to the Capital Reserve Account Agreement. The Capital Reserve Account shall be funded and maintained in accordance with the provisions of the Capital Reserve Account Agreement_ All funds in the Capital Reserve Account shall be County Funds. All withdrawals from the Capital Reserve Account shali require the co -signature of the County Administrator or his designee. The Capital Reserve Account shall be used by the Dodgers in making all Repairs and Replacements to the Facility. The Dodgers shall consult with the County with respect to any expenditures from the Capital Reserve Account and any such expenditures shall be subject to the approval of the County, which approval ++ill not be unreasonably . ithheld and shall be granted in accordance with the Capital Reserve Account Agreement. Any amounts remaining in the Capital Reserve .account at the expiration of the Term or earlier termination of this Agreement shall be paid to the County. The Dodgers shall be solely responsible for the cost of any Repairs or Replacements which exceed the Finds available in the Capital Reserve Account and any applicable available insurance proceeds from policies of insurance provided at the Dodgers' expense. Section 8.02 Contributions to the Capital Reserve Account. On or before March 31, 2001, or such later date as may be mutually agreed to by the parties, the County shall deposit into the Capital Reserve Account the sum of 52,000,000. Any part of said 52,000,000 that is not expended by the expiration of the Term or earlier termination of this agreement shall be paid to the County at such time Section 8 03 Facility Improvements The County and the Dodger agree that upon the completion of the "Improvements • listed in Exhibit B. hereto, and more specifically described in the Deevelopment Acreemenl, the Facility +ill he acceptable for use by the Dodgers as a Retained Spring Pace la of 27 https://ori.indian-river.org///DocumentIGetDocumentForPrintPNG/?request=AQAAANC. Page 14 of 29 0 a Na rn 0 0 cn co 0 5/25/2021