delay rental

delay rental. Oil & gas. A payment from the lessee to the lessor made to maintain the mineral lease from period to period during the primary term without an obligation to drill. See DRILLING-DELAY RENTAL CLAUSE; “or”lease, “unless”lease under LEASE; PAID-UP LEASE.
专业法律词汇 词条贡献者
译者Natalie,在一家西班牙律师事务所的北京办公室担任全职法律翻译,擅长翻译涉及医疗健康领域的法律文件。
Scroll to Top