FIXED-TERM LEASE
fixed-term lease.Oil & gas. An oil-and-gas lease for a fixed period of time, lacking the
indefinite “so long thereafter” provision commonly found in such leases. Cf. HABENDUM
CLAUSE.[Blacks Law 8th]
fixed-term lease.Oil & gas. An oil-and-gas lease for a fixed period of time, lacking the
indefinite “so long thereafter” provision commonly found in such leases. Cf. HABENDUM
CLAUSE.[Blacks Law 8th]