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Page 2 of 29 <br />E. WHEREAS, in recognition of the commitment made to the Team by the County and <br />the City of Vero Beach, the Dodgers desire to continue to conduct the Team's spring training <br />operations at the Facility during the Term of this Agreement and to operate, maintain, and manage <br />the Facility in accordance with the terms hereof, and <br />F. WHEREAS, the County desires to retain the Team as the user of the Facility and to <br />have the Dodgers manage the Facility under the terms and conditions specified herein <br />COVENANTS <br />NOW THEREFORE, in consideration of the foregoing Recitals (which are hereby <br />incorporated into this Agreement) and the mutual promises and covenants set forth below, IT IS <br />AGREED AS FOLLOWS: <br />ARTICLE I <br />DEFINITIONS(EXHIBITS <br />Section 1.01. Exhibits. By not later than the date of closing specified in the Escrow <br />Agreement, true and correct copies of all ofthe exhibits referenced in this Agreement shall be initialed <br />by the parties and attached to this Agreement, and such exhibits shall thereafter be incorporated into <br />this Agreement by this reference. <br />Section 1.02 Definitions. The following terms shall have the following meanings: <br />(a) Agreement means this Facility Lease Agreement between the Dodgers and the <br />County, and all of the attached exhibits. <br />(b) Bond Counsel means Bryant, Miller and Olive, P -A. <br />(c) Bond Resolution means that certain Bond Resolution or Resolutions to be <br />adopted for the issuance of the Bonds or other obligations for the acquisition of the Land, or <br />construction of the Improvements, or for any part thereof. <br />(d) Dkdu means the Bonds to be issued pursuant to the Bond Resolution. <br />(e) Caoital Re erre Account means the repair and replacement account as defined <br />in Section S 01, below. <br />(1) Capital Resen-e:lccount Agent means the bank or trust company identified <br />as such in the Capital Resen-e Account Agreement. 47- <br />;J <br />til <br />cn <br />M <br />CID <br />Pace 2 of 2 <br />https:Hori.indian-river. org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 <br />