operations clause

operations clause. Oil & gas. A provision in an oil-and-gas lease specifying that the lease will not expire as long as oil-and-gas development continues on the leased property. See CONTINUOUS-OPERATIONS CLAUSE; WELL-COMPLETION CLAUSE.

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词条贡献者

译者晓晨，毕业于世界顶级翻译学院，擅长翻译各种与反垄断咨询与合规相关的法律文件。