In Premiere Pro CS6, you can use an adjustment layer allows you to apply the same effect to multiple clips on the Timeline. Effects applied to an adjustment layer affect all layers below it in the layer stacking order.
You can use combinations of effects on a single adjustment layer. You can also use multiple adjustment layers to control more effects.
Adjustment layers in Adobe Premiere Pro behave similarly to the adjustments layers in Photoshop and After Effects.
In this video by Todd Kopriva and video2brain, see how to quickly apply effects to an adjustment layer and how to modify effect properties while a sequence continues to play.

