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Explanation: This is a standard phrase used at the end of contracts. It is used to clarify that the contract is for a single purpose - in this case, a binding agreement between the parties. In other cases, a legal document may have more than one consequence, or possible use. For example, in the Trivium Spanish legal dictionary under "efectos" there is an entry that states "ambos efectos: dícese del recurso que tiene efecto devolutivo y suspensivo".