### Question
How is the term term overriding royalty defined?


### Answer
The term **term overriding royalty** is defined in *11 U.S.C. § 101* as the following:

> 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

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

