Common use of PLA Clause in Contracts

PLA. 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, stabilization, blending and storage of Crude Oil under this Agreement, as determined by Gatherer acting as a Reasonable and Prudent Operator.

PLA. 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, stabilization, blending gathering and storage of Crude Oil under this Agreement, as determined by Gatherer acting as a Reasonable and Prudent Operator, [omitted] of Receipt Point volumes on a Monthly basis. [omitted] Planned CDP. As defined in Section 3.3(b).

PLA. 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, stabilization, blending gathering and storage of Crude Oil under this Agreement, as determined by Gatherer acting as a Reasonable and Prudent Operator, [omitted] of Receipt Point volumes on a Monthly basis. [Omitted].