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

译者Eugina，毕业于一所旨在培养高级翻译专业人才的翻译院校，擅长翻译涉及国防和军工领域的法律文件。