net profits interest

net-profits interest. Oil & gas. A share of production free of the costs of production. • Like a royalty, the interest is expressed as a fraction or a percentage of production. But unlike a royalty, it is payable only if there is a net profit, and the costs that are used to calculate the net profit depend on what is negotiated.
专业法律词汇 词条贡献者
译者Joanne,毕业于亚洲顶尖的高级翻译学院,擅长翻译各种与房地产业相关的法律文件。
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