ENVIRONMENTAL MITIGATION TRUST AGREEMENT FOR STATE BENEFICIARIES)Environmental Mitigation Trust Agreement • May 5th, 2020 • Delaware
On October 25, 2016, the Court entered a Partial Consent Decree (“First Partial Consent Decree”) in In re: Volkswagen “Clean Diesel” Marketing, Sales Practices, and Products Liability Litigation, MDL No. 2672 CRB (JSC) (Dkt. No. 2103-1), among Volkswagen AG, Audi AG, Volkswagen Group of America, Inc., and Volkswagen Group of America Chattanooga Operations, LLC (collectively, the “Settling Defendants”), the United States, and the State of California. In that case, the Court also entered a Second Partial Consent Decree (Dkt. No. 3228-1) on May 17, 2017, among the Settling Defendants, Dr. Ing. h.c. F. Porsche AG, and Porsche Cars North America, Inc. (collectively, the “Defendants”), the United States, and the State of California. Pursuant to the First Partial Consent Decree and the Second Partial Consent Decree, the Defendants and Wilmington Trust, N.A. (the “Trustee”): (1) hereby enter into this Environmental Mitigation Trust Agreement for State Beneficiaries (i.e., for the 50 States, Pu
ENVIRONMENTAL MITIGATION TRUST AGREEMENT FOR INDIAN TRIBE BENEFICIARIESEnvironmental Mitigation Trust Agreement • May 19th, 2020 • Delaware
On October 25, 2016, the Court entered a Partial Consent Decree (“First Partial Consent Decree”) in In re: Volkswagen “Clean Diesel” Marketing, Sales Practices, and Products Liability Litigation, MDL No. 2672 CRB (JSC) (Dkt. No. 2103-1), among Volkswagen AG, Audi AG, Volkswagen Group of America, Inc., and Volkswagen Group of America Chattanooga Operations, LLC (collectively, the “Settling Defendants”), the United States, and the State of California. In that case, the Court also entered a Second Partial Consent Decree (Dkt. No. 3228-1) on May 17, 2017, among the Settling Defendants, Dr. Ing. h.c. F. Porsche AG, and Porsche Cars North America, Inc. (collectively, the “Defendants”), the United States, and the State of California. Pursuant to the First Partial Consent Decree and the Second Partial Consent Decree, the Defendants and Wilmington Trust, N.A. (the “Trustee”): (1) hereby enter into this Environmental Mitigation Trust Agreement for Indian Tribe Beneficiaries (i.e., for federally-
FORM OF ENVIRONMENTAL MITIGATION TRUST AGREEMENTEnvironmental Mitigation Trust Agreement • May 5th, 2020 • Delaware
The Settling Defendants and the Trustee hereby enter into this Environmental Mitigation Trust Agreement (“Trust Agreement”) and establish the environmental mitigation trust herein described (“Mitigation Trust” or “Trust”). The Settling Defendants and the Trustee acknowledge that the purpose of the Mitigation Trust is to fulfill the Settling Defendants’ environmental mitigation obligations under the Consent Decree. All payments to and expenditures from the Mitigation Trust shall be for the sole purpose of fulfilling the Settling Defendants’ environmental mitigation obligations under the Consent Decree. The Mitigation Trust shall be funded with Mitigation Trust Payments according to the terms of the Consent Decree.
Agreement for anEnvironmental Mitigation Trust Agreement • July 9th, 2021
This agreement, made as of the date of the last party’s signature below, is between City of Cresco (hereinafter referred to as Recipient) and the Iowa Department of Transportation (hereinafter referred to as the Department) for Iowa’s Volkswagen Settlement Environmental Mitigation Trust (Iowa VWSEMT) program. The Department has been designated as the lead state agency and has been delegated authority to act on behalf of and legally bind the State of Iowa for the purposes of the Volkswagen Settlement Environmental Mitigation Trust.
FORM OF ENVIRONMENTAL MITIGATION TRUST AGREEMENTEnvironmental Mitigation Trust Agreement • May 5th, 2020 • Delaware
The Settling Defendants and the Trustee hereby enter into this Environmental Mitigation Trust Agreement (“Trust Agreement”) and establish the environmental mitigation trust herein
FORM OF ENVIRONMENTAL MITIGATION TRUST AGREEMENTEnvironmental Mitigation Trust Agreement • November 1st, 2016 • Delaware
The Settling Defendants and the Trustee hereby enter into this Environmental Mitigation Trust Agreement (“Trust Agreement”) and establish the environmental mitigation trust herein described (“Mitigation Trust” or “Trust”). The Settling Defendants and the Trustee acknowledge that the purpose of the Mitigation Trust is to fulfill the Settling Defendants’ environmental mitigation obligations under the Consent Decree. All payments to and expenditures from the Mitigation Trust shall be for the sole purpose of fulfilling the Settling Defendants’ environmental mitigation obligations under the Consent Decree. The Mitigation Trust shall be funded with Mitigation Trust Payments according to the terms of the Consent Decree.
Agreement for anEnvironmental Mitigation Trust Agreement • April 27th, 2021
This agreement, made as of the date of the last party’s signature below, is between Linn Mar Community School District (hereinafter referred to as Recipient) and the Iowa Department of Transportation (hereinafter referred to as the Department) for Iowa’s Volkswagen Settlement Environmental Mitigation Trust (Iowa VWSEMT) program. The Department has been designated as the lead state agency and has been delegated authority to act on behalf of and legally bind the State of Iowa for the purposes of the Volkswagen Settlement Environmental Mitigation Trust.
ContractEnvironmental Mitigation Trust Agreement • March 15th, 2018
