Reasonable certainty definition

Reasonable certainty means that you are persuaded based upon a rational consideration of the

Reasonable certainty means a high degree of confidence that the reserves quantities will be recovered, when a deterministic method is used. A high degree of confidence exists if the reserves quantity is much more likely to be achieved than not, and, as changes due to increased availability of geoscience (geological, geophysical and geochemical), engineering and economic data are made to estimated ultimate recovery (“EUR”) with time, reasonably certain EUR is much more likely to increase or remain constant than to decrease.

Reasonable certainty means that you are persuaded based upon a rational consideration of the evidence. Absolute certainty is not required, but a guess is not enough to meet the burden of proof.

Examples of Reasonable certainty in a sentence

• Reasonable certainty of severe impairment or injury because a person is unable to avoid harm or protect himself or herself from harm.

• Reasonable certainty is based on an assessment of factors at the commencement date of the lease that would create an economic incentive for the lessee either to exercise or not exercise an option to extend, terminate, or purchase.

• You should know more about the individual than what a nodding acquaintanceship would bring.• Reasonable certainty.

• Reasonable certainty evidence of business purpose to facilitate an acquisition.

• A noncompen- satory option provides the holder with rights that are substantially similar to the rights afforded to a partner if ei- ther the option is reasonably certain to be exercised or the option holder pos- sesses partner attributes.(2) Reasonable certainty of exercise—(i) General rule.

More Definitions of Reasonable certainty

Reasonable certainty means that you are persuaded based upon a rational consideration of the evidence. Absolute certainty is not required, but a guess is not enough to meet the burden of proof. This burden of proof is known as the “middle burden.” The evidence required to meet this burden of proof must be more convincing than merely the greater weight of the credible evidence

Reasonable certainty means a high degree of confidence.

Reasonable certainty means (i) if deterministic methods are used, reasonable certainty means a high degree of confidence that the quantities will be recovered or (ii) if probabilistic methods are used, there should be at least a 90% probability that the quantities actually recovered will equal or exceed the estimate. A high degree of confidence exists if the quantity is much more likely to be achieved than not, and, as changes due to increased availability of geoscience (geological, geophysical, and geochemical), engineering, and economic data are made to estimated ultimate recovery (EUR) with time, reasonably certain EUR is much more likely to increase or remain constant than to decrease. See 17 CFR 210.4-10(a)(24).

Reasonable certainty means a high degree of confidence. For a complete definition of reasonable certainty, refer to the SEC’s Regulation S-X, Rule 4-10(a)(24). “Recompletion” means the completion for production from an existing wellbore in a formation other than that in which the well has previously been completed. “Reserves” means estimated remaining quantities of oil and natural gas and related substances anticipated to be economically producible, as of a given date, by

Reasonable certainty means a high degree of confidence. For a complete definition of reasonable certainty, refer to the SEC’s Regulation S-X, Rule 4- 10(a)(24).

Reasonable certainty means (i) if deterministic methods are used, reasonable certainty means a high degree of confidence that the quantities will be recovered or (ii) if

Reasonable certainty of contract damages means the likelihood of the damages being incurred as a consequence of the breach, and their probable amount. Losses that are speculative, hypothetical, remote, or contingent either in eventuality or amount will not qualify as “reasonably certain” and therefore recoverable as contract damages. Stuart Kitchens, supra, 248 Md. at 74–75; Kleban v. Eghrari–Sabet, 174 Md.App. 60, 96,