It is agreed and un erstood that otherwise subject to the terms, exclusions, provisions and co ditions contained in the Policy or endorsed thereon, the Insurers shall only ndemnify the Insured for loss, damage or liability directly or indirectly caused to camps and stores by fire, flood or inundation if these camps and stores are loca ed above the highest water level recorded anywhere on the site during the last 0 years and the individual storage units are either at least 50 m apart or separate by fire walls.