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C-] <br />4W <br />C-1 <br />notifies the Dodgers that the renewal notice has not been received and the Dodgers fail to exercise their <br />renewal rights within sixty (50) days after receipt of the. County's notice, it being the intention of the patties <br />that the Dodgers shall not lose any renewal right through inadvertence. Each Renewal Term shall be upon <br />the same terms and conditions as the Initial Term. <br />Section 2.04. B=. The Dodgers shall pay to the County the stun of One Dollar ($1.00) per <br />Lease Year as rent payable in advance. <br />Section 2.05. Qpfion to Purchase. As provided in the deed to the County from the Dodgers for <br />the Land and Existing Facilities. if, at any time during the Term, the County offers to sell the Facility, the <br />Dodgers shall have a right of fust refusal to purchase the Facility for the lowest purchase price which the <br />County would accept from any third parry. The County shall not sell the Facility to any third party during <br />the Term until the Dodgers have been given written notice of the purchase price and an opportunity to <br />purchase the Facility for such price. In addition, immediately following the date on which the Hands have <br />been paid and retired and continuing until the expiration or earlier termination of the Term, if the Dodgers <br />are still in possession of the Facility, then the Rodgers shall have the option to purchase the Facility at the <br />Facility's then fair market value, whether or not the County desires or has offered to sell the Facility to a <br />third party. The then fair market value of the Facility shall be calculated in accordance with the provisions <br />set forth in Section 10.07, below. <br />DODGERS' USE OF THE FACILITY <br />Section 3.01. Lease and Grant.Qf Management gjghts w . The County <br />hereby leases to the Dodgers, and the Dodgers hereby lease from the County, the Facility. Except as <br />otherwise provided in this Agreement, the Dodgers shall have the exclusive right to use, manage, and <br />operate the Facility at their sole discretion in accordance with the terms and purposes of this Agreement. <br />Dunng the Term, the County shall not lease to or grant to any person other than the Dodgers, the right to <br />use, manage, or operate the Facility, subject to the provisions of Section 6.04, below. <br />Section 3.02. The Rodw rs' Rights and Obligations. Except as specifically provided in this <br />Agreement, the Dodgers shall be exclusively responsible for managing. operating, and maintaining the <br />Facihtyat their sole disctetionatd expensedurng the Term to accordance with the Maintenance Standards. <br />The Dodgers shall not cause, permit, or suffer any waste or damage, dtstigurement, or injury to the Facility <br />or the fixtures or equipment thereon, with the exception of reasonable wear and tear, loss or damage by <br />fire, natural catastrophe, or othcrcasualty, or condemnation. Norwithstandrng anything to the contrary <br />contained in this Agreement, the Dodgers shall not be responsible for ad valorem real estate taxes, if any, <br />assessed or collected with respect to the Facility. The County shali not remove any FF&E from the Facility <br />and the Dodgers shall have the right, during the Term, to use all FF&E in place prior to or after the <br />Effective Date. During the Term, the Dodgers shall have, but not be limited to, the following rights, <br />responsibilities, and obligations in connection with the Facility: <br />Page 6 of 25 <br />0/� <br />