floor factor definition

floor factor means the factor, expressed as a proportion of 1, which is prescribed for the calculation of the maximum floor space of a building or buildings permissible on a land unit; being the maximum floor space as a proportion of the total erf area;
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floor factor. (vloerfaktor) means the factor (expressed as a portion of one) which is prescribed for the calculation of the maximum floor area of a building or buildings permissible on an erf; it is the maximum floor area as a proportion of the net erf area;
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floor factor means the factor (expressed as a proportion of 1) which is prescribed for the calculation of maximum floor space of a building or buildings permissible on a land unit. If the floor factor is known, the maximum permissible floor space can be calculated by multiplying the floor factor by the area of the land unit;
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More Definitions of floor factor

floor factor means the factor (expressed as a proportion of 1) which may be prescribed for the calculation of maximum floor space of a building on a land unit. If a floor factor is prescribed, the maximum permissible floor space can be calculated by multiplying the floor factor by the area of the land.
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Related to floor factor

  • Stress Factor means 2.25.

  • Load factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • Leverage Factor means the leverage factor in respect of a Series of ETP Securities as specified in the relevant Final Terms.

  • Note Factor means, with respect to the Notes or any Class of Notes on any Payment Date, a six-digit decimal figure equal to the Note Balance of the Notes or such Class of Notes, as applicable, as of the end of the preceding Collection Period divided by the Note Balance of the Notes or such Class of Notes, as applicable, as of the Closing Date. The Note Factor will be 1.000000 as of the Closing Date; thereafter, the Note Factor will decline to reflect reductions in the Note Balance of the Notes or such Class of Notes, as applicable.

  • Class Factor As to any date of determination and any Combinable Class, the then current Class Factor for the Related REMIC Class. As to any date of determination and any RCR Class, a fraction the numerator of which is the sum of the then current Class Balances of