Lift & Extract - Premiere Pro CC Keyboard shortcut
38 Premiere Pro CC Keyboard shortcuts for faster editing.
http://www.avidil.net/38-keyboard-sho...
In and Out points should be marked in order to remove clip with or without gap.
Removed clip is saved to clipboard which you can paste back into your timeline.
My Setting - (Default)
Default Setting – Lift (;) Extract (') (Windows)
Default Setting – Lift (;) Extract (') (Mac)