Potential definition

Potential means the properly determined capacity of a well to produce oil, or gas, or both, under conditions prescribed by the commission.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Potential means the actual or properly computed daily ability of a well to produce oil as determined by a test made in conformity with rules prescribed by the department.

Potential with respect to violations, means that a violation may result in food adulteration or a risk to health or that the violation supports conditions that may contribute to food adulteration or a risk to health.

Examples of Potential in a sentence

The written Notice of Potential Claim shall set forth the reasons for which the Contractor believes additional compensation or extension of time is due, the nature of the cost involved, and insofar as possible, the amount of the potential claim.
An Enrollee or Potential Enrollee, or the spouse, sibling, child, or unpaid primary caregiver of an Enrollee or Potential Enrollee.
No Financing Delay Period may be exercised if a Bankruptcy Event, Event of Default or Potential Event of Default exists.
If suspension or termination is being considered, the Employer will provide the employee and the union representative a "Notice of Potential Discipline." The Employer will give the employee a minimum of three working days to respond to the notice of potential discipline in writing.
The Contractor shall not be entitled to additional compensation which otherwise may be payable, or to extension of time for (1) any act or failure to act by the County, or (2) the happening of any event or occurrence, unless the Contractor has given the County a written Notice of Potential Claim within ten (10) days of the commencement of the act, failure, or event giving rise to the claim, and before final payment by the County.

More Definitions of Potential

Potential means a well’s properly determined capacity to produce oil or gas under division-prescribed conditions.

Potential. , in relation to a juror, means a person who has been summoned for jury service at the court at which proceedings for the offence are pending; and

Potential means “capable of being but not yet in existence”—possible. Thus, when a covered Public Official has a potential conflict of interest due to some financial, familial, or personal situation, that means that such Official must exercise appropriate caution (sometimes extreme caution) to ensure that the unrealized, possible conflict does not “ripen” into a forbidden actual conflict in violation of his or her public responsibility.

Potential means that the Conflict of Interest can be reasonably foreseen to exist in the

Potential means the ability, readiness or qualities that are inherent in an individual or a group. That will affect the success of the work and the goals of the group. The essence of extremely powerful potential is the ability hidden within a person or a group. and can be pulled out If stimulated from outside Development of people, knowledge, abilities, and product development associated with different strengths and weaknesses At its heart are the characteristics of a strong community: leaders, relationships, and activities that require cooperation or participation. Therefore, the strength that represents the potential of any community comes from culture, ability to respond to problems and learning process (Tancharoen, 2018).

Potential means "possible as opp{osed} to actual; capable of coming into being or action; latent"; and

Potential. , in relation to a juror, means a person who has been summoned for jury service under Article 64;