Parade indeed preceded by band (6)
I believe the answer is:
sashay
'parade' is the definition.
(I've seen this before)
'indeed preceded by band' is the wordplay.
'indeed' becomes 'ay' ('ay' and 'aye' can mean yes).
'preceded by' says to put letters next to each other.
'band' becomes 'sash' (a band of material).
'ay' after 'sash' is 'SASHAY'.
(Other definitions for sashay that I've seen before include "Walk in ostentatious fashion" , "Walk ostentatiously" , "Walk showily" , "Walk exaggeratedly" , "Glide along" .)