Area Factor definition

Area Factor. The Common Area Factor (CAF) is established as 1.0 percent. This factor, which represents the conversion from ABOA to rentable square feet, rounded to the nearest whole percentage, shall be used for purposes of rental adjustments in accordance with the Payment Clause of the General Clauses.
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Area Factor means the factor determined by the social standing and/or capability of the group of consumers to consume more or less power than the average, depending on the amount of funds available to pay for the purchase of electricity. This depicts the probability of higher/lower than average electricity consumption and has absolutely nothing to do with the diversity factor.
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Area Factor means the number of square kilometres comprised in the exploration area at the date upon which the periodic payment in question becomes due.
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Examples of Area Factor in a sentence

  • The Common Area Factor (CAF), defined under Section 2 of the Lease, is established as XX percent.

  • The premium for each billable member is calculated as:Calibrated Plan Adjusted Index Rate * Age Factor * Area Factor * Trend Factor The resulting rate is rounded to the nearest cent, and rates are then summed for all billable family members.

  • The Common Area Factor (CAF) is a conversion factor determined by the Building owner and applied by the owner to the ABOA SF to determine the RSF for the leased Space.

  • The premium for each billable member is calculated as:Calibrated Plan Adjusted Index Rate * Age Factor * Area Factor * Tobacco Factor * Trend Factor The resulting rate is rounded to the nearest cent, and rates are then summed for all billable family members.

  • Common Area Factor: The Common Area Factor (CAF), defined under Section 2 of the Lease, is established as XX percent.

  • The Common Area Factor (CAF) is a conversion factor determined by the Building owner and applied by the owner to the NUSF to determine the RSF for the leased Space.

  • Formula:Step P8 Gross Area-Adjusted PMPM = Step P7 Gross Trended PMPM x Rx Area Factor Step P9 - Calculate Regular Member Cost Share Using Claims Probability Distribution (CPD) Extract the co-pays/co-insurance, deductible, applicable deductible waivers, out-of-pocket maximum, and plan maximum for the plan design.

  • If applicable, the Offeror shall provide the Common Area Factor (a conversion factor(s) determined by the building owner and applied by the owner to the ANSI/BOMA Office Area square feet to determine the rentable square feet for the offered space).

  • Notice of any such change will be given to the members in a timely manner.

  • A Common Area Factor (CAF) of between 10% and 15% is typical for commercial office buildings and facilities and can be up to 35% in federally owned facilities.


More Definitions of Area Factor

Area Factor means the factor determined by the social standing and/or capability of the group of consumers to consume more or less power than the average, depending on the amount of funds available to pay for the purchase of electricity.
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Related to Area Factor

  • Loss Factor means the scaling factor determined in accordance with clause 6 and applied by the reconciliation manager to volumes of electricity measured or estimated in respect of ICPs on the Network, in order to reflect the impact of the ICP on Losses within the Network;

  • Adjustment Factor means, with respect to a share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution Adjustments” below.

  • Power Factor means the ratio of usage power measured in kW to total power measured in kVA;

  • Expansion Factor has the meaning ascribed thereto in Section 2.3(a);

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

  • Performance Factor means any matter that could or will significantly affect a party’s ability to fulfill its obligations under this Agreement;

  • Footage means still images, video, audio and other data captured by the Flock Hardware or Customer Hardware in the course of and provided via the Flock Services.