JIB definition

JIB means Joint Interest Billing, which is the method for splitting the cost of drilling and operating a well between the working interest owners.

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JIB means an extension to a boom that is attached to the boom tip to provide additional boom length;

JIB means joint interest billing and/or joint interest billing statements for the cost of operations for wells in which you had a working interest.

Examples of JIB in a sentence

• In the event ONE JIB disagrees with ONE Investment’s recommendation, ONE JIB shall discuss the issue with ONE Investment in a good faith attempt to reach an agreement.

• The use of ONE JIB resources, including property and ONE Investment staff time, for any election-related activity is strictly prohibited.

• Members must not, either directly or indirectly, release, make public or in any way divulge any confidential information or any confidential aspect of closed ONE JIB or Committee deliberations to anyone, unless authorized by ONE JIB or as required by law.

• ONE JIB has the authority to agree to reasonable compensation and proper expenses for any independent legal counsel and other advisors engaged by ONE JIB.

• The Procedure By-law applies to proceedings of committees of ONE JIB with necessary modifications.

• It also includes information that a Member is restricted from using or disclosing under the Criminal Code, the Securities Act, or due to any contractual obligations or policies of ONE JIB or ONE Investment.

• The Secretary shall advise ONE JIB as to certain procedural and jurisdictional matters, including those matters specified in the Procedure By-Law, and be responsible to provide such secretarial, research, clerical and administrative services as ONE JIB may require in the discharge of its duties.

• Gifts may appear to induce influence or create an incentive for Members to make decisions on the basis of relationships rather than in the best interests of ONE JIB or its Participating Municipalities.

• In the event of a discrepancy or inconsistency between the provisions contained in the ONE JIB Agreement and those contained in this Code of Conduct, the ONE JIB Agreement shall prevail.

• ONE JIB may retain advisors selectively, and only to assist, not replace, ONE JIB decision making.

More Definitions of JIB

JIB means any joint interest billing that is issued to, or by, Seller, or any of its successors or assigns under any Contract that constitutes a joint operating agreement or unit operating agreement.

JIB means an extension attached to a boom point to provide added boom length for lifting a specific load. A jib may be in line with the boom or offset to various angles. (2) "Load rating" means the rating in pounds established by the manufacturer in conjunction with rule 1923 and is dependent on such factors as anchorage, structural competence, rope strength and hoist capacity. (3) "Locomotive crane" means a rotating superstructure with a power plant, operating machinery and boom mounted on a base or car equipped for travel on a railroad track. It may be self-propelled or propelled by an outside source. (4) "Mobile hydraulic crane" means a crane using a hydraulic means of powering some of the basic crane functions. (5) "Reeving" means a rope system in which the rope travels around drums and sheaves.

JIB means the “Joint Intelligence Bulletin: (U//FOUO) Domestic Violent Extremists Emboldened in Aftermath of Capitol Breach, Elevated Domestic Terrorism Threat of Violence Likely Amid Political Transitions and Beyond” (13 Jan. 2021) https://info.publicintelligence.net/DHS-FBI-NCTC-CapitolBreachViolence.pdf.

JIB means Joint Interest Billing;

JIB means the Joint Industry Board of the Electrical Industry.