Section 15-110-40 - Insurance; indemnification(a) Licensees, permittees, lessees, and other users of the convention center shall purchase and provide, at their own cost and expense, comprehensive general liability insurance in an amount set by the authority. The policy or policies shall cover all the acts and omissions of the licensee, permittee, lessee, or user, its officers, employees and agents, the persons attending, observing, or participating in the evens, and the persons operating the convention center or the facilities utilized therein for the particular event. The policy or policies shall contain a waiver of subrogation endorsement, shall provide that the authority be given at lease thirty days written notice prior to any termination, cancellation, or material change in the insurance coverage, shall name the authority, the manager, and their respective officers and employees as additional insured, and snail be deposited with the manager. The policy or policies must be written and executed by an insurance carrier acceptable to the authority.(b) Licensee shall be required to indemnify and hold harmless the State, the authority, the manager, and their respective officers and employees, from any and all claims for loss, injury, damage or liability sustained or claimed to have been sustained by reason of the use or occupation of the convention center facilities or premises by the licensee or by an act or omission of the licensee, its officers, agents and employees, guests, patrons, invitees, and persons admitted to the convention center by consent of the licensee.[Eff 2/26/96] (Auth: HRS § 206X-4) (Imp: HRS § 206X-4)