Common use of Permitted Subleases Clause in Contracts

Permitted Subleases. Notwithstanding the foregoing, but subject to the provisions of Paragraph 15(d), Tenant may enter into third party residency agreements with respect to the units located at the Facility and may sublease space at the Leased Property for a bank, beauty salon, ▇▇▇▇▇▇ shop, laundry, commissary or healthcare purposes or other concessions and services in the ordinary course of business consistent with the Intended Use, so long as such sublease will not reduce the number of units at the Facility and will not violate or affect any Legal Requirement or Insurance Requirement, and Tenant shall provide (or cause to be provided) such additional insurance coverage applicable to the activities to be conducted in such subleased space as Landlord may reasonably require.