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~~ <br />"Capital Equipment" -any and all furniture, fixtures, machinery or equipment, <br />either additional or replacement, having a per item original cost of or more and <br />an expected useful life or more than one year. <br />"Capital Improvements" -any and all building additions, alterations, renovations, <br />repairs or improvements that have an initial dollar cost of not less than per' <br />project, <br />"County" - as defined in the first paragraph of this Agreement, <br />"Contract Administrator" -the designated administrative official of County (as of <br />the date hereof; County Manager) as from time to time <br />appointed by County, or such individual person(s) as may from time to time be authorized in <br />writing by such administrative official to act for him/her with respect to any or all matters <br />pertaining to this Agreement. <br />"Employment Period" -for the Employees (as defined in Section 7.2), the period <br />beginning on and ending months thereafter. <br />"Event Expenses" -any and all expenses incurred or payments made by RFP in <br />connection with the occurrence of events at the Facility, including but not limited to costs for <br />event staffing including ushers, ticket takers, security and other event staff, and costs relating to <br />setup and cleanup, <br />"Facility" - as defined in the first paragraph of the Background section of this <br />Agreement. <br />"Facility Policy Manual" -the policy maziual provided by RFP to the County <br />containing certain operating and employment policies customarily utilized by RFP in connection <br />with the management of a public assembly facility such as the Facility, which manual has been <br />mazked as last revised on ~ l~ <br />"Fiscal Year" - a one year period beginning July 1 and ending .June 30. <br />"Laws" -all federal, state, local and municipal regulations, ordinances, statutes, <br />rules, laws and constitutional provisions. <br />"Losses" -any and all losses, liabilities, claims, damages and expenses (including <br />reasonable attorneys fees and costs). <br />"Management Term" - as defined in Section .3.2 hereof. <br />"Net Operating Loss/Profit" -with respect to a Fiscal Year, the excess, if any, of <br />Operating Expenses for such Fiscal Year over Operating Revenues to such Fiscal Year, in the <br />case of a loss, and the excess, if any, of Operating Revenues for such Fiscal Year over Operating <br />Expenses for such Fiscal Year, in the case of a profit. <br />