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• 40 40 (gg) Renewal Terra is defined in Section 2.02, below. (hhj means repairs or replacements made to the fixtures, structures and/or improvements at the Facility after completion of the Improvements. (ii) Ratained Spring Training Franchise Facility is defined by Section 288.1162, Florida statutes, as a facility where a professional baseball team conducts its spring training operations and plays its spring training home games, that was based in the State prior to January 1, 2000, and is certified as such by the State of Florida Office ofTourism, Trade and Economic Development. Uj) Indng Training klome Games means only the spring training exhibition games to be played by the Team at the Facility daring seting training. Spring Training Home Games do not include any spring training exlvbition games played by the Team at any venue other than the Facility, even if the Team is designated as the "home team" for purposes of playing the game (e,g., if the Team plays its last spring training games at Dodger Stadium, it may be the home team but such games will not constitute 'Spring Training Home Games for purposes hereof). (kk) State Funds mean the funds to be obtained by the County pursuant to Sections 212.20 and 288.1162 for a Retained Spring Training Franchise Facility, (11) I= means the Major League baseball team owned by the Dodgers and known as the "Los Angeles Dodgers." (trim) Term means the Initial Term and any Renewal Terms. TERMIOPTIONS TO RENEW/RENT Section 2.01. Initial Term. The ""tial Term" of this Agreement shall commence on the Effective Date and shall expire on April 30, 2021, unless this Aamement is terminated earlier by the panics pursuant to the provisions hereof.. Section 2,02. Renewal Term. For purposes of this Agreement.. a "Renewal Term"means a tern of five (5) years commencing upon the expiration of the Initial Term or the immediately preceding Renewal Term. if any. Section 2.03. Qpt t Re mw. The Dodgers shall have four (4) successive options to renew this Agreement for a Renewal Term. The Dodgers shall exercise their night and option for each Renewal Term by serving written notice upon the County of their election to exercise each said option at least one (i) year before the expiration of the then -current Tenn. If the Dodgers fail to provide such notice within the aforementioned time, then the Dodgers" right and option to renew shall continue in full force until the County Page 5 of 25 a/3