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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/CorruptionClauseCognizerThis label extracts clauses concerning a party's obligation to comply with applicable anti-bribery and corruption laws and regulations.
AssignmentClauseCognizerThis 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.
AuthorityClauseAgiloftThis label extracts a party’s representation and/or warranty that it has the authority to enter into the agreement and to perform its obligations thereunder.
Choice of ForumClauseCognizerThis 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.

Confidentiality Period

Key Term

Agiloft

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

Conflicts of InterestClauseCognizerThis 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.
CounterpartsClauseAgiloft/CognizerThis 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 WarrantyClauseCognizerThis label extracts clauses that provide that the supplier, service provider or licensor is not bound by any warranties with respect to the products or services delivered pursuant to the agreement other than those expressly stated in the agreement (if any).
Dispute ResolutionClauseCognizerThis label extracts the dispute resolution procedures to be followed by the parties in the event a dispute arises in connection with the agreement. Such procedures may include discussions between designated representatives of the parties, mediation, and/or arbitration.
DurationKey TermAgiloftThis 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.

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).
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 clauses that state the agreement, together with any other specific agreements that may be enumerated within the clause, constitutes the entire agreement between the parties.
Equitable ReliefClauseCognizerThis 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 ControlClauseCognizerThis 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. It does not capture clauses that require a party to generally comply with applicable laws.
Force MajeureClauseCognizerThis 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 information that specifies which legal system will apply to a contract.

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.

IndemnificationClauseCognizerThis label extracts the indemnification obligations of the parties pursuant to the agreement.
Independent ContractorClauseCognizerThis label extracts clauses that establish that the relationship between the parties is an independent contractor relationship (and 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.

InsuranceClauseCognizerThis label extracts clauses concerning the parties' obligations to maintain insurance pursuant to the agreement, including the types and amounts of insurance coverage required.
Interest on Overdue PaymentsClauseCognizerThis label extracts any interest or late charges payable in respect of fees that remain unpaid past the applicable payment due date.
Limitation of LiabilityClauseCognizerThis label extracts clauses that limit a party's liability arising in respect of the agreement, including caps on liability and limitations on liability for certain types of damages (such as indirect, consequential and/or punitive damages).

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 BreachClauseCognizerThis label extracts clauses that provide 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.
NoticesClauseCognizerThis label extracts the notice clause in the agreement, including the manner by which the parties are to provide notice to each other and each party's address details if provided.
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.

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.
RecallClauseCognizerThis label extracts clauses concerning the parties' obligations to issue a refund and the process of issuing a refund, and may also capture clauses that state the parties do not have an obligation to issue a refund.

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

Cognizer

This label extracts clauses concerning the parties' obligations to issue a refund and the process of issuing a refund, and may also capture clauses that state the parties do not have an obligation to issue a refund.

RenewalClauseCognizerThis 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.
Renewal Term Duration (Automatic)Key TermAgiloftThis label extracts the duration of an automatic renewal term. This label captures only automatic renewals and no other types of renewals.
Renewal Term Duration (Non-Automatic)Key TermAgiloftThis label extracts the duration of an automatic renewal term. 

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.  

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 OffClauseCognizer

This label extracts clauses that give a party the right to reduce its amount payable by an amount due to such party by the other party prior to making payment.

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. 
TermClauseCognizerThis label extracts the initial term of the agreement.

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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