secondary term

secondary term. Oil & gas. The term of an oil-and-gas lease after production has been established, typically lasting “as long thereafter as oil and gas is produced from the premises.” See HABENDUM CLAUSE; PRIMARY TERM.

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词条贡献者

双语律师Natalie，毕业于法国一流的高级翻译学院，擅长翻译各类与监管与政府事务相关的法律文件。