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<br /> -2- <br /> tion fees collected by Lessee will be used to pay lease fees, promo- <br /> tional advertising, transportation and auctioneer fees only. Lessee <br /> will, upon request by the City of San Marcos, provide a copy of the <br /> expenses incurred by Lessee and a copy of the total fees collected. <br /> IV. <br /> It is agreed that Lessor will comply with all Texas Alcoholic <br /> Beverage Commission rules and regulations for any activities conducted <br /> upon the demised premises pursuant to this Agreement. <br /> V. <br /> Lessee shall maintain at its own cost and expense public liability <br /> insurance on an occurrence basis with minimum limits of liability in <br /> an amount of $100,000 for bodily injury, personal injury or death to <br /> anyone person; up to $300,000 for each occurrence; and $100,000 for <br /> damage to property; and such insurance policy shall contain the endorse- <br /> ment that such insurance may not be cancelled or amended with respect <br /> to Lessee without ten (10) days written notice by registered mail to <br /> Lessor by the insurance company; and that Lessor shall not be required <br /> to pay any premiums for insurance. Any insurance policy herein required <br /> or procured by Lessee shall contain an express waiver of any rights of <br /> subrogation by the insurance company against the Lessor. A copy of <br /> any such insurance policy shall be delivered by Lessee to Lessor within <br /> ten (10) days of the inception of such policy by the insurance company. <br /> The minimum limits of any insurance coverage required herein shall not <br /> limit Lessee's liability under Part VI of this Agreement. <br /> VI. <br /> Lessee agrees to indemnify and hold harmless Lessor from all damages, <br /> claims, losses, demands, suits, judgments, costs, including reasonable <br /> attorney's fees, and expenses arising out of or resulting from the use <br /> of the demised premises for an auction of privately owned aircraft by <br /> Lessee; provided that any such claim is caused in whole or in part by <br /> any negligent act or omission of Lessee, regardless of whether <br /> it is caused in part by Lessor. Said indemnification shall occur whenever <br /> said negligent act or omission is that of Lessee, anyone directly or in- <br /> directly employed by Lessee or anyone for whose acts Lessee may be <br /> liable. Lessee shall defend any litigation in connection with the use of <br />