Common use of Terrace Clause in Contracts

Terrace. Insectariums for raising insects (i.e., ants, silkworms and potentially beehives), subject, in each case, to the rules and regulations set forth on Exhibit E to the Prime Lease (as the same may be amended, modified or restated from time to time in accordance with Section 20.13 of the Prime Lease). A space for gatherings, presentations and showcasing art exhibitions across various scales. Notwithstanding the foregoing, no portion of the Subleased Premises shall be open to the general public and any such gatherings, presentations and showcasings shall be limited to visitors by invitation only. Subtenant shall be required to provide Sublandlord at least 15 days’ prior written notice if Subtenant desires to hold any such gathering, presentation or showcasing in the Subleased Premises, which notice shall include copies of any required public assembly and other permits required for such gathering, presentation or showcasing.