What is the purpose of the 'Construction' clause in the Agreement?

The 'Construction' clause in the Agreement serves to clarify that the paragraph captions are for reference only. This means that the titles or headings used for each section are not legally binding and do not affect the interpretation of the contract. This clarity is critical because it ensures that parties involved in the Agreement focus on the actual content and provisions rather than getting misled by the captions, which might suggest a broader or differing meaning.

In legal documents, the precise wording in the clauses carries significant weight, and understanding that these headings are merely guides helps in interpreting the contract accurately. This understanding prevents any potential disputes regarding the meaning of the clauses based on the headings, fostering a clearer communication between the parties regarding their rights and responsibilities under the Agreement.