Code of Federal Regulations Title 43. Public Lands:  Interior § 43.3207.10 What is the primary term of my lease?

(1) By the end of the 10th year of the primary term in paragraph (a), you have satisfied the requirements in § 3207.11;  and

(2) At the end of each year after the 10th year of the lease, you have satisfied the requirements in § 3207.12(a) or (d) for that year.

(1) You satisfied the requirements of § 3207.12(b) or (d);  and

(2) At the end of each year of the second 5–year extension you satisfy the requirements in § 3207.12(c) or (d) for that year.