I thought it was for the wort you have collected. The wort is where the enzymatic action is that you are trying to stop by doing a mash out. Though I do sparge with 170°F water.
If you are going straight to the boil with your wort, you might not need to mash out. Many don't. I've been on both sides of the issue. However lately I've been taking a longer time between mashing and finally beginning the boil process, so I've been doing a mash out.
Perhaps for the hour or two longer I'm going between completion of mashing to beginning the boil isn't an issue for any further enzymatic changes to the wort, but since I don't know I figure it's a good step to do since it's so easy.