BOE Sample Clauses
The BOE (Basis of Estimate) clause defines the documentation and rationale supporting cost or resource estimates in a contract or project proposal. It typically requires the party providing the estimate to detail the assumptions, methodologies, and data sources used to arrive at the projected figures, often including breakdowns of labor, materials, and other direct costs. This clause ensures transparency and accountability in the estimation process, helping both parties understand the basis for pricing and reducing the risk of disputes over cost justification.
BOE. It is a unit of energy equivalent to the energy released during the burning of approximately one barrel (42 US gallons or 158.9873 litters) of crude oil. A BOE equals to approximately 5,800 cubic feet of natural gas.
BOE. The BoE is responsible for financial market infrastructure, as well as its monetary authority and financial stability functions as a central bank and as the UK’s resolution authority. The BoE is also responsible under the UK CSDR for incoming third country CSDs.
BOE. [Non-public information disclosed to the UK authorities is protected by virtue of provisions in legislation, including ss.348-352 of the Financial Services and Markets Act 2000. It is a criminal offence to disclose that information unless disclosure is done for the reasons, and in the ways, specified in those provisions and the Confidential Information Regulations made under them. Additionally, all BoE employees sign an agreement agreeing to secrecy.
BOE. For purposes of this section 1.2, "net proceeds" shall mean gross proceeds from the sale of production from the Antelope Creek Field (excluding any proceeds received pursuant to any Non-Funding or Non-Consent provisions of the Antelope Creek Unit Operating Agreement) less (a) royalties and overriding royalty interests payable therefrom, except interests that burden only one party's working interest, (b) operating expenses, (c) severance and like taxes arising from such production, and (d) other costs and expenses related to the operation and maintenance of the Antelope Creek Assets customarily incurred in the operation and maintenance of oil and gas properties, excluding capital expenditures. At Closing, PGP shall execute and deliver in sufficient and recordable form an assignment of the Net Profits Interest to CEPI.