nonexecutive right

nonexecutive right. Oil & gas. A mineral interest that does not confer the right to lease. • Nonexclusive rights include royalty interests and nonexecutive mineral interests.

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词条贡献者

双语律师Jason，国内知名法学院国际贸易专业，擅长翻译各类与出口管制、经济制裁及海关相关的法律文件。