WE HEREBY UNDERTAKE AND AGREE TO PAY ON DEMAND ANY CLAIM THAT MAY
ARISE ON THE ABOVE SHIPMENT, AND GUARANTEE TO HOLD YOU AND/OR THE
OWNERS OF THE VESSEL FREE FROM ALL RESPONSIBILITIES AND TO INDEMNIFY
YOU AND/OR THE OWNERS OF THE VESSEL AGAINST ALL CONSEQUENCES THAT
MAY ARISE FROM YOUR SO DOING.FURTHER, SHOULD ANY CLAIM ARISE IN RESPECT OF THESE GOODS, WE HEREBYAUTHORISE YOU AND/OR THE OWNERS OF THE VESSEL TO DISCLOSE THIS LETTEROF INDEMNITY TO THE UNDERWRITERS CONCERNED.