### Question
How is the "production payment" defined?


### Answer
The term **production payment** is defined in *11 U.S.C. § 101* as follows -

> a term overriding royalty satisfiable in cash or in kind—


(A) contingent on the production of a liquid or gaseous hydrocarbon from particular real property

#### Citation:
  - *11 U.S.C. § 101*
  - Heading: **CHAPTER 1-GENERAL PROVISIONS**

