Section 585.432 - [Effective until 7/15/2024] When does my lease or grant terminate?Your lease or grant terminates on whichever of the following dates occurs first:
(a) The expiration of the applicable term of your lease or grant, unless your term is automatically extended under § 585.235 or § 585.236 , a request for renewal of your lease or grant is pending a decision by BOEM, or your lease or grant is suspended or renewed as provided in this subpart;(b) A cancellation, as set forth in § 585.422 ; or(c) Relinquishment, as set forth in § 585.435 .