Pipeline Loss Allowance definition

Pipeline Loss Allowance means the allowance for losses sustained on Transporter’s Crude System due to evaporation, measurement and other losses in transit as defined in Item No. 14(e).

Pipeline Loss Allowance or “PLA” means the actual volume of Product lost on the Pipeline among all Shippers due to evaporation, measurement, or other losses in transit.

Pipeline Loss Allowance means the System’s actual losses due to evaporation, measurement, or other losses in transit.

Examples of Pipeline Loss Allowance in a sentence

• PLA is settled financially pursuant to Carrier’s Policy and Procedures Applicable to Shipper Over/Short Balancing and Pipeline Loss Allowance Settlement dated November 1, 2021, which is posted on Carrier’s website and updated from time to time with notice to all Shippers.

• PLA is settled financially pursuant to Carrier’s then effective Policy and Procedures Applicable to Shipper Over/Short Balancing and Pipeline Loss Allowance Settlement, which is posted on Carrier’s website and available upon request.

• A Pipeline Loss Allowance (“PLA”) of [U] two tenths of one percent (0.2%) shall apply to quantities tendered at a Class A Receipt Point, a Class B Receipt Point or the BCC Spanish Trail Receipt Point for delivery to a Delivery Point with one exception.

• Notwithstanding anything to the contrary herein, Shipper’s pro rata share of Pipeline Loss Allowance for any Accounting Period, shall not exceed one percent (1.0%) of Shipper’s Crude Petroleum delivered to Transporter’s for such Accounting Period.

• The Pipeline Loss Allowance shall be allocated on a pro- rata basis to each Shipper of Crude Petroleum on Transporter’s System.

More Definitions of Pipeline Loss Allowance

Pipeline Loss Allowance means a volume of Crude Oil equal to 0.20% of Producer’s Crude Oil gathered by Gatherer at the Receipt Point(s).

Pipeline Loss Allowance or “PLA” means an amount of Crude Oil allocated as a deduction to Receipt Point volumes for the actual evaporation, interface losses, shrink and other normal losses during gathering, blending and storage of Crude Oil under a Gathering Agreement, as determined by Carrier acting as a Reasonable and Prudent Operator.

Pipeline Loss Allowance or "PLA" means the actual Volume of Product lost on the Ethylene Pipeline among all Shipper Volumes due to evaporation, measurement, or other losses in transit.

Pipeline Loss Allowance or “PLA” as herein used means that portion of Petroleum provided by or on behalf of each Shipper, at no cost to Carrier, and retained by Carrier in recognition of loss and shrinkage on Carrier’s System. The PLA under joint tariff movements will be as published in the applicable tariff(s). For deliveries using the Deeprock Facilities an additional loss and shrinkage allowance will be charged and provided by each Shipper, at no cost to Carrier, transporting to such Destinations for the actual loss and shrinkage in the Deeprock Facilities.

Pipeline Loss Allowance means the pipeline loss allowance set forth in the Tariff Rate Sheet.

Pipeline Loss Allowance means a volume of Crude Oil equal to 0.10% of a Producer’s Crude Oil gathered by Gatherer at the Receipt Point(s) that qualifies for the Committed Rate, or a volume of Crude Oil equal to 0.20% of a Producer’s Crude Oil gathered by Gatherer at the Receipt Point(s) that qualifies for the Uncommitted Rate.

Pipeline Loss Allowance means the difference between the summation of the total actual throughput volumes delivered by the pipeline as measured at all destination point(s) listed in the Table of Rates and the summation of the total actual throughput volumes received by the pipeline as measured at all receipt point(s) (including changes in tank inventory) listed in the Table of Rates.