subrogation clause

subrogation clause. Oil & gas. A provision in an oil-and-gas lease permitting the lessee to pay taxes, mortgages, or other encumbrances on the leased property and to recover those payments out of future proceeds under the lease.
专业法律词汇 词条贡献者
资深译员Kevin,毕业于亚洲顶尖的高级翻译学院,擅长翻译涉及能源和电力领域的法律文件。
Scroll to Top