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Overriding royalty |
: an interest in and royalty on the oil, gas, or minerals extracted from another's land that is carved out of the producer's working interest and is not tied to production costs
compare royalty
| Based on Merriam-Webster's Dictionary of Law ©2001. Merriam-Webster, Incorporated Published under license with Merriam-Webster, Incorporated. http://www.m-w.com |
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due process clause
a clause in a constitution prohibiting the government from depriving a person of life, liberty, or property without due process of law
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