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V D Section 1-0,04. f the Dgders. If, at any time during the Initial Term (and not a Renewal Term), the Dodgers lase the right to own the 'ream, or to hold Spring Training Home Games in the Facility, or otherwise cease to conduct their spring training operations and/or Spring Training Home Games at the Facility, such event shall constitute a "Cessation of Use" of the Facility by the Dodgers. Notwithstanding anything to the contrary contained in this Agreement, a I Cessation of Use of the Facility by the Dodgers shall entitle the County to terminate this Agreement I by giving the Dodgers ten (10) days' written notice of termination. The Dodgers shall have ten (10) days after receipt of the aforementioned notice of termination to renounce the Cessation of Use by l confirming to the County their intention to continue to use the Facility during the Initial Term as the spring training facility for the Team. A termination pursuant to the provisions of this 'Section 10.04 shall become effective upon the expiration of the Dodgers' ten (10) day cure period. l Section 10.05. Liquidated Damages, If this Agreement is terminated by the County during the Initial Term as the result of Cessation of Use by the Dodgers, then the Dodgers shall pay to the County, as "Liquidated Damages" and in lieu of all other remedies and/or damages of any type which may be available to the County, the entire amount required by the County to defease or retire the Bonds, together with any fees, expenses and costs incurred by the County to so defease or retire the Bonds. Section 10.06. Repurchase By Dodgers. If the Dodgers are required to pay the Liquidated Damages specified in 10.05, above, the 'Dodgers shall be entitled to repurchase the Facility (including the Land) from the County at a price equal to the Facility's then fair market value, less the amount of any Liquidated Damages paid by the Dodgers to the County hereunder. The then fair market value of the Facility shall be calculated in accordance with the provisions set forth in Section 10.07, below. Section 10.07. Cal_eulation of Fi LMadwLYal e. For purposes of a repurchase of the Facility by the Dodgers pursuant to this Agreement, the then fair market value of the Facility shall be determined by the following procedure: (a) The Dodgers and the County shall each select an independent M.A.I. appraiser. (b) The appraisers selected by the Dodgers and the County shall then select a third appraiser known as the "Independent Appraiser." The Independent Appraiser shall determine the then fair market value of the Facility using the highest and best use method. 1. L L LPage 17 of"27