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

• Converge shall make its Terminal facilities available to receive quantities of Crude Oil from Customer at the Receipt Points and available to redeliver to Customer at the Delivery Points the same quantities of Crude Oil, subject to the Pipeline Loss Allowance and other deductions as expressly provided for in this tariff, and Customer shall accept and receive such quantities of Crude Oil from Converge at the Delivery Points.

• Converge and Customer agree that Customer shall be deemed to have transferred to Converge and that Converge shall be entitled to retain during each Month a volume of Crude Oil that is equal to the sum of (i) the product of the Pipeline Loss Allowance and the volume of Crude Oil delivered to the Terminal by Customer during such Month and (ii) the product of the Pipeline Loss Allowance and the volume of Crude Oil received by the Customer from the Terminal during such Month.

• The Pipeline Loss Allowance, Inbound Transportation Fee and Outbound Transportation Fee will still apply to such offset volumes as if the same had been received into the Terminal or delivered from the Terminal, as applicable.2.5 Pipeline Loss Allowance.

• After consideration of all of the factors set forth in this Section 5 of Exhibit A and deduction of the Pipeline Loss Allowance, a net balance will be determined as the quantity deliverable by Converge.

More Definitions of Pipeline Loss Allowance

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

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 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.

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 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.