temporary cessation of production doctrine

temporary-cessation-of-production doctrine. Oil & gas. The rule that an oil-and-gas lease term “for so long thereafter as oil and gas are produced” will not terminate once production is attained unless the cessation of production is for an unreasonable length of time. See CESSATION-OF-PRODUCTION CLAUSE.

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词条贡献者

译员李明，毕业于英国顶尖的高级翻译学院，专注翻译各种与调查和白领犯罪辩护有关的法律文件。