1.   The principle that an equitable lease does not give rise to privity of estate has several important exceptions.

2.   Grand Met maintains the leases give landlords better security of tenure and more control over their pubs.

3.   But Grand Met says the leases give greater security of tenure and mean landlords will have greater control over the running of their pubs.

4.   A lease gives the buyer the right to drill on a tract.

5.   The new lease gives the Clippers an out option each year.

6.   The new lease will also give the company more space in which to grow, he said.

7.   The lease gives them no right to reject amendments.

8.   The previous leases gave the team the choice of bailing out after the next season or committing for five more seasons to staying in New York.