### Question
How does the law define term overriding royalty?


### Answer
Under *11 U.S.C. § 101*, **term overriding royalty** is defined as:

> 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**

