Meaning Nonparticipating Royalty
What does Nonparticipating Royalty mean? Here you find 3 meanings of the word Nonparticipating Royalty. You can also add a definition of Nonparticipating Royalty yourself
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Nonparticipating RoyaltyA percentage share of production, or the value derived from production, which is free of the costs of drilling and producing, created by the lessor or royalty owner and borne by the lessor or royalty [..]
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Nonparticipating RoyaltyA share of production, or the value or proceeds of production, free of the costs of production, carved out of the mineral interest. A nonparticipating royalty holder is entitled to the stated share of production or cash without regard to the terms of any lease. Nonparticipating royalties are often retained by mineral interest owners who sell their [..]
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Nonparticipating Royalty
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