The phrase “this agreement shall be governed by and construed in accordance with” is a common provision found in many legal contracts and agreements. Essentially, this clause sets out which laws will apply to the agreement and how any disagreements or disputes will be resolved.
The phrase “governed by” refers to the laws that will be used to interpret and enforce the agreement. For example, if the agreement is between parties located in different countries, it may specify that the laws of one particular country will control. This helps ensure that both parties understand the legal requirements and expectations for the agreement.
The phrase “construed in accordance with” refers to the interpretation of the agreement. This means that any questions or disagreements about the meaning of specific terms or provisions will be resolved by looking to the laws specified in the “governed by” clause.
Overall, including this clause in an agreement can be very beneficial for both parties. It provides clarity and consistency in terms of the legal framework for the agreement, which can help avoid misunderstandings or disagreements down the line. It also ensures that any disputes are resolved in a fair and consistent manner.
As a professional, it`s important to ensure that this clause is written clearly and accurately. This can help ensure that search engines are able to understand the content of the agreement and include it in relevant search results. It`s also important to ensure that any legal terms or references are spelled correctly and consistently throughout the agreement.
In summary, the phrase “this agreement shall be governed by and construed in accordance with” is an important provision to include in any legal agreement. It sets out the legal framework for the agreement and provides clarity and consistency for both parties. As a professional, it`s important to ensure that this clause is written clearly and accurately to ensure that it is easily understood by both humans and search engines alike.