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<br />-2- <br /> <br />V. <br />It is agreed that C.A.F. will comply with all Texas Alcoholic <br />Beverage Commission rules and regulations pertaining to activities con- <br />ducted upon the lease premises pursuant to this lease agreement. <br /> <br />VI. <br /> <br /> <br />As a condition precedent to the use of the property, C.A.F. agrees <br /> <br />to indemnify and hold harmless City from all damages that may be caused <br /> <br /> <br />by its use of said property and shall protect and indemnify City from <br /> <br /> <br />any and all claims, suits, liability, expenses and causes of action <br /> <br />arising out of the use of said property, and shall defend any litigation <br /> <br />arising in connection with such use at its own expense. <br /> <br /> <br />C.A.F. shall occupy said property at its own risk, and releases <br /> <br /> <br />City, to the full extent permitted by law, from all claims of every kind <br /> <br /> <br />resulting in loss of life, personal or bodily injury or property damage. <br /> <br />VII. <br />C.A.F. shall maintain at its own cost and expense that insurance <br /> <br />coverage required by FAA rules and regulations for approved air shows. <br /> <br />At a minimum, this coverage shall be in an amount of not less than <br /> <br />$ 100,000.00 for bodily injury, personal injury or death to anyone <br /> <br /> <br />person and $ 300,000.00 for any single occurrence of bodily injury or <br /> <br /> <br />death and $ 100,000.00 for any single occurrence for injury or destruc- <br /> <br />tion of property. Said insurance policies shall name City as co-insured <br /> <br />on each policy. Said insurance policies shall contain the endorsement <br /> <br />that such insurance may not be cancelled or amended with respect to C.A.F. <br /> <br /> <br />without ten (10) days written notice by certified mail, return receipt <br /> <br /> <br />requested, to City by the insurance company. The original policy of <br /> <br />all such insurance shall be delivered by C.A.F. to City no later than <br /> <br /> <br />thirty (30) days prior to the starting date of the event. Said minimum <br /> <br /> <br />requirement of insurance coverage shall not limit C.A.F. 's liability <br /> <br /> <br />under Part VI of this lease agreement. <br /> <br />VIII. <br /> <br /> <br />C.A.F. shall have sole responsibility for control of crowds present <br /> <br /> <br />on said property during the period of time described in Part I of this <br />