term overriding royalty
Defined in 1 place of the United States Code.
2 The term “term overriding royalty” means an interest in liquid or gaseous hydrocarbons in place or to be produced from particular real property that entitles the owner thereof to a share of production, or the value thereof, for a term limited by time, quantity, or value realized.
Source
- 2005–200611 U.S.C. § 101Bankruptcy · Definitions · in this title
3 The term “term overriding royalty” means an interest in liquid or gaseous hydrocarbons in place or to be produced from particular real property that entitles the owner thereof to a share of production, or the value thereof, for a term limited by time, quantity, or value realized.
Source
- 2006–201711 U.S.C. § 101Bankruptcy · Definitions · in this title
4 The term "term overriding royalty" means an interest in liquid or gaseous hydrocarbons in place or to be produced from particular real property that entitles the owner thereof to a share of production, or the value thereof, for a term limited by time, quantity, or value realized.
Source
- 2017–present11 U.S.C. § 101Bankruptcy · Definitions · in this title