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

法律翻译Virginia，毕业于一所旨在培养高级翻译专业人才的翻译院校，专注翻译各类与国际贸易与投资监管有关的法律文件。