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Page 5 of 29 <br />(f1) Real Estate Contract means the Agreement for Sale and Purchase, dated as <br />of September 1, 2000, which governs the sale of the Land and Existing Facilities by the <br />Dodgers to the County. <br />(gg) Renewal Term is defined in Section 2.02, below. <br />(hh) Repairs or eplacements means repairs or replacements made to the fixtures, <br />structures and/or improvements at the Facility after completion of the Improvements. <br />(ii) Retained Springy T2 raining Franchise Facility is defined by Section 285.1162, <br />Florida statutes, as a facility where a professional baseball team conducts its spring training <br />operations and plays its spring training home games, that was based in the State prior to <br />January 1, 2000, and is certified as such by the State of Florida Office of Tourism, Trade and <br />Economic Development. <br />0) Spring Training Home Games means only the spring training exhibition games <br />to be played by the Team at the Facility during spring training. Spring Training Home Games <br />do not include any spring training exhibition games played by the Team at any venue other <br />than the Facility, even if the Team is designated as the "home team" for purposes of playing <br />the game (e g., if the Team plays its last spring training games at Dodger Stadium, it may be <br />the home team but such games Hill not constitute Spring Training Home Games for purposes <br />hereof). <br />(kk) State Fund mean the funds to be obtained by the County pursuant to Sections <br />212-20 and 285.1162 for a Retained Spring Training Franchise Facility_ <br />(11) Team means the Major League baseball team owned by the Dodgers and <br />known as the "Los Angeles Dodgers. - <br />(mm) Term means the Initial Term and any Renewal Terms <br />ARTICLE 11 <br />TERNVOPTIONS TO RENE%VjRENT <br />Section 2.01. Initial Term. The "Initial Term' of this Aereement shall commence on the <br />Ef r.xiive Date and shall expire on April 30.2021. unless this agreement is terminated earlier by the <br />panies pursuant to the provisions hereof. <br />0 <br />Section 2 02 Renewal Term For purposes of this Agreement, a' Renewal Terni " means a � <br />term of five (5) years commencing upon the expiration of the Initial Term or the immediatelv ,y <br />preceding Renewal Tern-,. if any <br />c� <br />O <br />Cn <br />—J <br />Pace e of 27 <br />https:Hori.indian-river.org///DocumentIGetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 <br />