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AI Platform Labels

This page lists the key terms and clauses that are extractable with AI Platform. Use this list to determine what you can extract from contracts during import or third party review. 

Labels with Cognizer as their only source are exclusive to U.S. hosted customers.

To update your available list of labels, either navigate to Setup > Integrations and click Configure under AI, or create/edit a Machine Learning action.

Label List

Label NameLabel TypeSourceDescription

Accrued Rights and Obligations

Clause

Agiloft

This label extracts language that states termination or expiration of an agreement does not affect a party’s rights and/or obligations that accrued or were incurred prior to termination or expiration of the agreement. 

Affiliate Definition

Clause

Agiloft

This label extracts  the definition of “affiliate” where expressly defined in the agreement.

AmendmentsClauseAgiloftThis label extracts clauses that establish the manner in which the terms of the agreement may be amended or modified by one or all of the parties.
Anti-Bribery/Anti-CorruptionClauseAgiloftThis label extracts a party’s obligation to comply with applicable anti-bribery and anti-corruption laws and regulations. This label also extracts definitions of “anti-bribery”, “anti-corruption”, or similar.
AssignmentClauseAgiloftThis label extracts clauses that permit or restrict the assignment of the agreement, including requirements to obtain consent or give notice prior to assignment and any exceptions to such requirements.

Audit Rights - Notice

Clause

Agiloft

This label extracts the amount of notice required for a party to conduct an audit or inspection of another party’s books and records. This label will also extract related timeframe and frequency limitations (e.g. during regular business hours, no more than once per year) expressly stated in the agreement.

Change of Control Definition

Key Term

Agiloft

This label extracts the definition of "change of control" where expressly defined in the agreement.

Choice of ForumClauseAgiloftThis label extracts clauses pursuant to which the parties agree that any disputes arising in connection with the agreement will be resolved in a particular forum.
Compliance with LawsClauseAgiloftThis label extracts a party’s general obligation to comply with all applicable laws, rules, and regulations. This label may extract references to laws, rules, and regulations relating to specific subject matters, industries, and jurisdictions.
Confidential Information DefinitionClauseAgiloftThis label extracts the definition of “confidential information” where expressly defined in the agreement.

Confidentiality Period

Key Term

Agiloft

This label extracts the stated duration of the parties’ confidentiality obligations under the agreement.

Conflicts of InterestClauseAgiloftThis label extracts clauses detailing the parties' rights and obligations with respect to conflicts of interest, including obligations to avoid such conflicts.
Contract TitleKey TermAgiloft/CognizerThis label extracts the title of the agreement.

Control Definition

Clause

Agiloft

This label extracts the definition of “control” as it relates to the definition of affiliates where expressly defined in the agreement. This label is designed to be used in conjunction with the Affiliates Definition label.

CounterpartsClauseAgiloftThis label extracts clauses that state the agreement may be executed in one or more counterparts, and also captures clauses that state the document may be executed by facsimile or e-mail signature.
Cumulative Rights and RemediesClauseAgiloftThis label extracts general language which states that all rights and remedies in the agreement are cumulative. This label may also extract language which indicates whether specific remedies are exclusive and/or are in addition to other available rights and remedies.
Cure Period to Remedy BreachKey TermAgiloftThis label extracts the period of time given to a breaching party to remedy its breach. It does not capture cure periods for specific types of breaches (for example, a failure to pay fees when due).
CurrencyKey TermAgiloftThis label extracts the currency that applies to payments made under an agreement (where it is specifically stated), or otherwise extracts the currency of an agreement more generally. This label is designed to extract the following currencies but may also extract additional currencies that are not listed: Dollars (U.S., Canada), Euros, Pounds Sterling, and Yen.

Direct Damages Liability Cap (Fee Multiplier)

Key Term

Agiloft

This label extracts the cap on direct damages that a party will be liable for under an agreement, where stated as an amount paid or payable, including specified multiples of that amount. This label does not extract caps on direct damages that are specified as fixed monetary amounts.

Direct Damages Liability Cap (Fixed Amount)

Key Term

Agiloft

This label extracts the cap on direct damages that a party will be liable for under an agreement, where stated as a fixed monetary amount. This label extracts only fixed monetary amounts and not any other language.

Direct Damages Liability Cap (Fixed Amount and Fee Multiplier)

Key Term

Agiloft

This label extracts the cap on direct damages that a party will be liable for under an agreement, both where stated as a fixed monetary amount and/or where stated as an amount paid or payable, including specified multiples of that amount. This label will also extract language such as “the greater of” or “the lesser of”, and similar surrounding language.

Disclaimer of WarrantyClauseAgiloftThis label extracts clauses that state a party is not bound by any product or service warranty guarantees, other than those expressly stated in the agreement (if any).
Dispute ResolutionClauseAgiloftThis label extracts general dispute resolution procedures to be followed by the parties in the event a dispute arises in connection with the agreement. This label may also extract resolution of specific disputes, such as invoice disputes, intellectual property disputes, or similar.

Early Termination Fee

Key Term

Agiloft

This label extracts amounts payable upon early termination of an agreement, where said amounts are beyond those that have been incurred through effective date of termination. Where the agreement contains multiple early termination fees, this label will only extract one instance.

Effective DateKey TermAgiloft/CognizerThis label extracts the definition of "Effective Date" when it is a set date expressly stated in the preamble of the agreement (when extracted by the Agiloft model), or when it is a set date expressly stated in either the preamble or signature blocks of the agreement (when extracted by the Cognizer model).
Effects of Termination - PaymentClauseAgiloftThis label extracts the effects of terminating an agreement on payment obligations. This label may also include liability for accrued obligations.
End DateKey TermAgiloftThis label extracts the end date of the initial term of the agreement if expressly stated as a date in the term clause of the agreement. In cases where the initial term of the agreement ends on a specific date or upon the satisfaction of another condition, this label will extract the date only.
Entire AgreementClauseAgiloftThis label extracts language stating that the contract constitutes the entire agreement between the parties related to the subject matter, that the contract supersedes any prior understandings related to the subject matter, and that the parties have not relied on any assurances previously made.
Equitable ReliefClauseAgiloftThis label extracts clauses pursuant to which the parties acknowledge that in the event of a breach, monetary damages will not be sufficient and the parties will be entitled to seek equitable remedies, including injunctive relief.
Export ControlClauseAgiloftThis label extracts clauses that require a party to comply with applicable export laws that restrict the export of the services, products, software, and/or information provided pursuant to the agreement, including general obligations to comply with all export laws. This label also extracts definitions of “export control laws” or similar definitions that reference exports.
Force MajeureClauseAgiloftThis label extracts clauses that excuse the non-performance of a party's contractual obligations in the event unforeseen events occur.
Force Majeure Events

Key Term

Agiloft

This label extracts the specific list of triggering events for force majeure that excuse non-performance or delay under the agreement. 

Force Majeure Event Beyond Reasonable Control

Key Term

Agiloft

This label extracts language that states circumstances beyond a party’s reasonable control (in addition to any specific force majeure events expressly listed) may excuse said party’s non-performance or delayed performance. This label extracts only the general reference to circumstances beyond a party’s reasonable control and is not intended to extract an enumerated list of force majeure events. 

Further AssistancesClauseAgiloft

This label extracts the Parties’ agreement to take all further actions necessary to carry out the intention or purpose of the agreement.

Governing LawKey TermAgiloftThis label extracts which jurisdiction's law will be applied in the event of a dispute, where expressly stated in the agreement.

Headings

Clause

Agiloft

This label extracts language that states headings or captions used within the agreement are for convenience only and not for interpretation or enforceability.

Incoterms Classification

Key Term

Agiloft

This label extracts reference to the ICC Incoterms classifications with respect to shipments/deliveries under the agreement. Where the agreement contains multiple references to Incoterms classifications, this label will only extract one instance. This label is designed to be used in conjunction with the Risk of Loss label.

IndemnificationClauseAgiloftThis label extracts indemnification, defense, and hold harmless obligations from agreements, including the responsible party/ies (indemnitor), the beneficiary party/ies (indemnitee), the obligation scope and triggers, and any exceptions or limitations.
Independent ContractorClauseAgiloftThis label extracts clause information that establishes the relationship between the parties as an independent contractor arrangement, ensuring that neither party is an employee, agent, or partner of the other.

Indirect/Consequential Damages

Clause

Agiloft

This label extracts waivers/limitations of liability for consequential or indirect damages. This label may also occasionally extract a party’s positive obligation to compensate for consequential or indirect damages.

Initial Term

Clause

Agiloft

This label extracts clauses setting forth the initial term of the agreement.

Initial Term Duration

Clause

Agiloft

This label extracts the duration of the initial term of the agreement if expressly stated in years or months in the term clause of the agreement. In cases where the initial term of the agreement ends upon the expiration of a stated period of time or the satisfaction of another condition, this label will extract the stated period of time only.
InsuranceClauseAgiloftThis label extracts a party's obligation to maintain insurance pursuant to the agreement, including the types and amounts of insurance coverage required. Insurance obligations contained in table formats will not be extracted by this label.
Interest on Overdue PaymentsClauseAgiloftThis label extracts any interest or late charges payable in respect of fees that remain unpaid past the applicable payment due date.
Limitation of LiabilityClauseAgiloftThis label extracts clauses that limit a party's liability arising in respect of the agreement, including caps on liability, disclaimers of indirect or consequential damages, and related exclusions or carve-outs. This label is designed to only extract general limitation of liability clauses and not specific references to limitations of liability contained in other sections of the agreement.

Legislative Statute of Limitations

Key Term

Agiloft

This label extracts reference to the applicable legislation that sets forth the maximum time period a party has to initiate legal proceedings related to the agreement. This label is not designed to extract time periods expressly stated in the form of months or years. Where the agreement contains multiple instances, this label will only extract one instance.

Maintenance of Records

Clause

Agiloft

This label extracts information relating to the parties’ obligations to keep and retain books and records related to the agreement, including the nature of what’s included in the records.

No Waiver of BreachClauseAgiloftThis label extracts information that provides that a party's failure to exercise its rights in the event of a breach will not be construed as a waiver of such breach, and/or that a party's waiver of a breach does not constitute a waiver of any future breaches.

Non-Solicitation Period

Key Term

Agiloft

This label extracts the stated duration of a party’s non-solicitation obligations under the agreement. Where the agreement contains multiple non-solicitation periods, this label will only extract one instance.

Notice Period for Non-Renewal (Automatic)Key TermAgiloftThis label extracts the notice period required for a party to prevent automatic renewal of an agreement, whether during an initial term or in successive renewal terms. This label extracts only the notice period in numbers/values and not any other language.
Notice Period for Proactive Renewal (Non-Automatic)Key TermAgiloftThis label extracts the notice period required for a party to renew an agreement, either as an option to renew or by agreement of the parties. In cases where the parties must agree to renew an agreement, this label will extract the relevant period before or after which the parties must agree. This label extracts only the notice period in numbers/values and not any other language.
Notice Period to Terminate for ConvenienceClauseAgiloftThis label extracts the notice period required for a party to terminate an agreement for convenience, during an initial term or a renewal term. This label extracts only the specified notice period where stated as a number of days, months, or years.
NoticesClauseAgiloftThis label extracts notice provisions in an agreement, including acceptable methods of providing notice, when notices are deemed to be delivered, and the parties’ notice details, if provided. This label is designed to extract general notice provisions and is not intended to extract specific notice requirements.
Order of PrecedenceClauseAgiloftThis label extracts clauses that establish the order of precedence in the event of any conflicts or inconsistencies between contracting documents.
Payment MethodKey TermAgiloftThis label extracts permitted method(s) of making payment under an agreement (where it is specifically stated). This label is designed to extract the following payment methods but may also extract additional payment methods that are not listed: check/cheque, wire or other transfers, credit card, and ACH. This label will not extract general language which states the parties may pay by other agreed methods, or similar.

Payment Term

Key Term

Agiloft

This label extracts the default payment term in an agreement.  

Party 1 AddressKey TermAgiloftThis label extracts the address of the first party listed in the agreement if included in the preamble of the agreement.
Party 2 AddressKey TermAgiloftThis label extracts the address of the second party listed in the agreement if included in the preamble of the agreement.
Party 1 NameKey TermAgiloftThis label extracts the name of the first party to the agreement as stated in the preamble of the agreement.
Party 2 NameKey TermAgiloftThis label extracts the name of the second party to the agreement as stated in the preamble of the agreement.

Pandemic/Epidemic Force Majeure Event

Key Term

Agiloft

This label extracts the terminology pandemic and/or epidemic, where expressly listed among force majeure triggering events.

Permits and Licenses

Clause

Agiloft

This label extracts the obligation to obtain, maintain, or ensure compliance with permits, licenses, consents, or authorizations required by applicable law for required for performing their obligations under the agreement.

Product Recalls

Clause

Agiloft

This label extracts the parties’ obligations and rights pertaining to product recalls, such as record-keeping, notices, cooperation, assistance, and costs/expenses. This label is not designed to extract specifics pertaining to recall-related termination, indemnification, or aggregate liability.
PublicityClauseAgiloftThis label extracts clauses concerning the parties' right to publicize their relationship, including a party’s right to advertise the other party as a customer.

Record Retention Period

Key Term

Agiloft

This label extracts the period of time for which a party is obligated to retain books and records, where the period of time is specifically stated in the agreement. This label does not extract a party’s obligation to retain records in compliance with laws or retention policies.

Refunds

Clause

Agiloft

This label extracts the parties' obligation to issue, or right to receive, a refund for goods and services. This label is not designed to extract obligations or rights related to replacements, credits, tax refunds, reimbursement of operational/travel expenses, or reimbursement of indemnification costs/attorney fees.
RenewalClauseAgiloftThis label extracts clauses that specify how the initial term of the agreement can be renewed, including clauses that provide for automatic renewal or renewal by mutual agreement of the parties. This label also extracts extensions of the agreement.
Renewal Term Duration (Automatic)Key TermAgiloftThis label extracts the duration of an automatic renewal, which is a renewal that occurs automatically if no prior notice of non-renewal is given.
Renewal Term Duration (Non-Automatic)Key TermAgiloftThis label extracts the duration of a non-automatic renewal, which is a renewal that requires proactive action by one or all of the parties. Examples include: a renewal that occurs only upon consent of both parties, a unilateral right to renew the agreement upon notice to the other party, etc.

Return or Destruction of Confidential Information

Clause

Agiloft

This label extracts a party’s obligation to return and/or destroy the confidential information that it has in its possession.  

Risk of Loss

Key Term

Agiloft

This label extracts the specified point in time at which the risk of loss of goods initially passes to a recipient where specifically stated in the agreement. Where the agreement contains multiple references to points of time in which risk passes, this label will only extract one instance. This label is designed to be used in conjunction with the Incoterms Classification label. 

SeverabilityClauseAgiloftThis label extracts clauses concerning the severability or enforceability of an agreement, which establishes that in the event a provision of the agreement is determined to be illegal, invalid, or unenforceable, the remaining provisions will remain in full force and effect.
Set OffClauseAgiloftThis label extracts a party's right to reduce its amount payable by an amount due to such party by the other party.
SurvivalClauseAgiloftThis label extracts language that states which obligations or rights (mainly clause numbers) will survive or remain in effect after termination or expiration of the agreement. This label may also extract the accrual rights and obligations in the event of termination or expiration. 
Termination for Bankruptcy/InsolvencyClauseAgiloftThis label extracts a party’s right to terminate an agreement due to another party’s bankruptcy or insolvency.
Termination for BreachClauseAgiloftThis label extracts a party’s right to terminate an agreement due to another party’s breach of the agreement, which may include applicable notice obligations and cure periods. This label is designed to extract specific references to events that are specifically defined as breaches or defaults and may not extract other breaches or defaults that are not stated as such.
Termination for ConvenienceClauseAgiloftThis label extracts a party’s right to terminate an agreement for convenience, during an initial term or a renewal term, which may include any required notice period, method of providing notice, and conditions.

Time of the Essence

Clause

Agiloft

This label extracts language that states time is of the essence. This label is not intended to extract language related to general timeliness or promptness.

Time Period to Return/Destroy Confidential Information

Key Term

Agiloft

This label extracts the time period during which a party is obligated to return and/or destroy the confidential information that it has in its possession, including where the time period is stated as “promptly”, “immediately”, or similar.

Third Party Beneficiaries

Clause

Agiloft

This label extracts language that states whether there are third-party beneficiaries to the agreement, including whether any such non-party has rights under and/or can enforce the agreement.

Waiver of Jury Trial

Clause

Agiloft

This label extracts language that states whether the parties have agreed to waive their rights to a trial by jury in respect of disputes that arise under the agreement. This label is intended to capture language waiving a trial specifically by a jury rather than a trial generally. 

AI Platform labels are primarily trained on service agreements and license agreements.

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