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.

---

词条贡献者

译者Stephen，毕业于亚洲顶尖的高级翻译学院，擅长翻译各种与国际环境保护法规相关的法律文件。