Vendor and purchaserVendor’s covenantEnforceabilityParties entering into agreements in three phases for development of sites owned by defendantPhase I agreements granting first claimant building leases on condition that planning permission grantedPhase II and III agreements granting claimant options to take building leasesDefendant transferring sites to third partiesWhether defendant able to comply with contracts and options following transfer of sitesWhether option or grant of lease subject to condition precedent “agreement for a tenancy”Whether statute operating to pass burden of agreements to third partiesLandlord and Tenant (Covenants) Act 1995 (c30), ss 1(6), 28(1)

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