Railroad Sidetrack Agreement

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Railroad Sidetrack Agreement

An agreement between a railroad company and the owner of a property on which a rail sidetrack is built. The owner agrees not to sue the railroad for covered accidents that might occur on the owner's property. It is also simply called a sidetrack agreement.
References in periodicals archive ?
The greater mystery than what a sidetrack agreement is may be what it's even doing in the policy--along with some of the other definitions of "insured contract" that are also pretty obscure, with likely almost no applicability.
Not surprisingly, there is certainly not an abundance of case law addressing sidetrack agreements in the context of coverage disputes.
A sidetrack agreement is an agreement between the owners of a premises and a railroad with a railroad sidetrack (i.
The second type of insured contract is a sidetrack agreement.
A sidetrack agreement is a contract between a business and a railroad wherein the railroad builds a track on the business's property to facilitate shipping, and the business then agrees to release the railroad from liability.
By making sidetrack agreements an exception to the contractual liability exclusion, the exposure presented by this type of arrangement is protected against.
One exception is for liability assumed under a sidetrack agreement.
As with other parts of exclusion J, this part of the exclusion does not apply to liability assumed under a sidetrack agreement.
This exclusion also does not apply to liability assumed under a sidetrack agreement.