<p>In case of any agreement or act by the Insured whereby any of their right to recover for loss or damage to any property insured herein against any carrier or bailee is released, impaired or lost, which would on acceptance of abandonment or payment of a loss by the Company have inured to its benefit but for such agreement or act, this Company shall not be bound to pay that portion of the loss which could have been recoverable from such carrier or bailee or third party.</p>
