Might mean (unverified): Lease ending after specific period.
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We found one dictionary that defines the word term of years determinable:

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  1. term of years determinable: Wiktionary

Definitions from Wiktionary (term of years determinable)

noun:  (law, England and Wales, formal, historical) An estate in land held for a term of years which determined on the deaths of certain individuals, or the cessation of certain life interests.
noun:  (law, England and Wales, idiomatic, historical) The lease under which that estate in land was held.

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