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.

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词条贡献者

译员Roger，毕业于欧洲一流的高级翻译学院，专注翻译各种与公共及基础设施融资有关的法律文件。