Common use of CURRENT POPULATION Clause in Contracts

CURRENT POPULATION. Current Land Supply: Calculated by dividing the Additional Population at Buildout by the Average Annual Population Increase. TRIGGER ASSESSMENT: If the Current Land Supply is less than the Minimum Land Supply Threshold, the trigger has been met. Proceed with the Additional Population and Expansion Land formulas to determine the land supply necessary to return the municipality to the Optimum Land Supply.

Appears in 3 contracts

Sources: Alliance Exploration Agreement, Alliance Exploration Agreement, Common Bonds Agreement