Reasonable certainty definition

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

  • Reasonable certainty can be established using techniques that have been proven effective by actual production from projects in the same reservoir or an analogous reservoir or by other evidence using reliable technology that establishes reasonable certainty.

  • Reasonable certainty under the circumstances is all that is required, not mathematical precision.

  • For purposes of this section, if a noncompensatory option is reasonably certain to be exercised, then the holder of the option ordinarily has rights that are substantially similar to the rights afforded to a partner.(2) Reasonable certainty of exercise.

  • Defects which can vitiated the consent of the parties and permit them to request the invalidation of the contract are mistakes, fraud and duress (Art.1696-1707 of civil code) 2.2.3 Reasonable certainty of terms.

  • Reasonable medical certainty: Reasonable certainty as judged by the standards of a professional person.


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
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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).
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Reasonable certainty means a high degree of confidence.
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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
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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).
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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,
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Related to Reasonable certainty

  • Reasonable suspicion means a basis for forming a belief based on specific facts and rational inferences drawn from those facts.

  • Reasonable Costs means the reasonable actual costs and expenses incurred by us in carrying out any further Audit under this Contract, including, but not limited to, reasonable travel and subsistence costs;

  • reasonable measures means appropriate measures which are commensurate with the money laundering or terrorism financing risks;

  • Extenuating Circumstances means the inability to perform at an optimum level arising from one or more of the reasons set out in clause 6.1.

  • Connected Persons means, in each case, to the extent that they are involved in the Transaction are the Employer’s directors, shareholders, affiliate(s), officers, employees and advisers, agents and representatives;

  • Developmental disabilities professional means a person who

  • REASONABLY SAFE FROM FLOODING Means base flood waters will not inundate the land or damage structures to be removed from the floodplain and that any subsurface waters related to the base flood will not damage existing or proposed buildings.

  • Affected Persons means persons who, on account of an involuntary taking of land under the Project, had or would have their: (a) standard of living adversely affected; or (b) right, title or interest in any house, land (including premises, agricultural and grazing land) or any other fixed or movable asset acquired or possessed, temporarily or permanently; or (c) access to productive assets adversely affected, temporarily or permanently; or (d) business, occupation, work or place of residence or habitat adversely affected, temporarily or permanently; and “Affected Person” means any of the Affected Persons.

  • Protected Parties means the following Persons: (a) the Debtors; (b) Reorganized BSA; (c) the Related Non- Debtor Entities; (d) the Local Councils; (e) the Contributing Chartered Organizations; (f) the Settling Insurance Companies, including Hartford; and (g) all of such Persons’ Representatives; provided, however, that no Perpetrator is or shall be a Protected Party. Notwithstanding the foregoing, a Contributing Chartered Organization shall be a Protected Party with respect to Abuse Claims only as set forth in the definition of “Abuse Claim.”

  • Affected Parties means independent firms described in Article 2 that create a multiple employer workplace;

  • Exigent Circumstances means circumstances in which a reasonable person would believe that imminent and serious bodily harm to a person or persons is about to occur.

  • Reasonable in the circumstances means using no more force than is needed.

  • Reasonable and prudent parent standard means the