Common Contracts

2 similar Mining Discharge Treatment Trust Agreement contracts

POST‑MINING DISCHARGE TREATMENT TRUST AGREEMENT
Mining Discharge Treatment Trust Agreement • September 29th, 2022

This Trust Agreement (“Trust” or “Agreement”) entered into this ____ day of _______________, 200_, by and among _____________________________, with its principal place of business at ____________________________ (“Settlor”), and the __________________________, with its principal place of business at _______________ ________________________________________ and incorporated under the laws of the Commonwealth of Pennsylvania (“Trustee”).

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POST-MINING DISCHARGE TREATMENT TRUST AGREEMENT
Mining Discharge Treatment Trust Agreement • February 19th, 2021

WHEREAS, the Settlor has entered into a Consent Order and Agreement dated , (such Consent Order and Agreement, as amended hereafter referred to as the “CO&A”), with the Commonwealth of Pennsylvania, Department of Environmental Protection (hereinafter referred to as “Department” or “Beneficiary”) which is incorporated by reference and which contains, among other things, a requirement that the Settlor provide financial guarantees to assure that funds will be available to provide for the Settlor’s legal obligation to operate a mine drainage treatment system to treat and otherwise prevent discharges of mine drainage emanating from or hydrologically connected to Settlor’s mines;

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