SOFR Floor means a rate of interest per annum equal to zero basis points (0.00%).
OC Floor An amount equal to 0.50% of the Pool Balance as of the Cut-Off Date.
Lowest floor means the lowest floor of the lowest enclosed area (including basement). An unfinished or flood resistant enclosure, usable solely for parking of vehicles, building access, or limited storage in an area other than a basement area is not considered a building's lowest floor, provided that such an enclosure is not built so as to render the structure in violation of the applicable non-elevation design requirements of this ordinance.
Ground floor means a floor of a building with a building entrance on an accessible route. A building may have more than one ground floor.
Wood floor wax means wax-based products for use solely on wood floors.