We have received from you the below sum in full settlement of undermentioned claim and we
Acknowledge that by virtue of such payment you are subrogated to all our rights and remedies in and in
Respect of the cargo which was lost or damaged as undermentioned.
We undertake to render you every assistance in any action or actions you may be advised to take
Against the owners of the undermentioned vessel or any other person or persons in respect of this loss and
If called upon we will undertake such action or actions or proceedings on your behalf, you holding us
Harmless against all costs, expenses and charges for the said action or actions or proceedings.
We also undertake to hand you any salvage which may be recovered in respect of the said loss.