'And I will establish My covenant with you' means the Lord's presence with all people who have charity, and refers to 'those going out of the ark' and to 'every wild animal of the earth', that is, to people inside the Church and to those outside of it. 'And never again will all flesh be cut off by the waters of the flood' means that men would not perish in the way that the final descendants of the Most Ancient Church had done. 'And never again will there be a flood to destroy the earth' means that such deadly and stifling persuasion will never manifest itself again.