This document will provide you with a summary of ContractWorks AI tags (original and new).
Original AI Tags
|
Termination Date |
| Effective Date |
| Agreement Type |
| Parties |
| Initial Term |
| Renewal Term |
| Termination Notice Window |
New AI Tags - AI Contract Extract
Available as an Add-On
Clauses
| Assignment |
| Confidentiality |
| Consequences of Termination |
| Dispute Resolution |
| Exclusions From Liability |
| Force Majeure |
| Indemnity |
| Limitations of Liability |
| Termination |
| Termination for Convenience |
Dates
| Effective Date |
| End Date |
| Executed Date |
Details
| Annual Contract Value |
| Contract Name |
| Governing Law |
| Total Contract Value |
| Payment Term |
| Term |
| Renewal Notice Period |
| NDA Type |
| Renewal Type |
| Parties |
Summaries
| Summarize Agreement |
| Summarize Obligations |
AI Tag Definitions
AI Tag Name |
Definition |
|
Assignment |
The rights and restrictions regarding transferring contract rights or obligations. |
|
Confidentiality |
Terms concerning the protection of confidential information. |
|
Consequences of Termination |
Actions and outcomes following contract termination. |
|
Dispute Resolution |
Procedures for resolving disagreements between contract parties. |
|
Force Majeure |
Provisions addressing unforeseen events beyond the control of the parties. |
|
Indemnity |
Circumstances under which parties are protected from harm, loss, or damage. |
|
Limitations of Liability |
Clauses restricting the extent of liability for contract parties. |
|
Governing Law |
The jurisdiction whose laws govern the contract. |
|
Contract Name |
The title of the contract. |
|
NDA Type |
Whether the contract is a non-disclosure agreement. |
|
Renewal Type |
The method by which the contract can be renewed. |
|
Summarize Agreement |
A brief overview of the contract's purpose and key terms. |
|
Summarize Obligations |
A list of each party's primary legal obligations. |
|
Exclusions From Liability |
Clauses excluding liability for certain types of losses. |
|
Termination For Convenience |
Whether the contract allows termination without specific cause. |
|
Termination |
Procedures and reasons for ending the contract. |
|
Annual Contract Value |
The yearly monetary value of the contract. |
|
Total Contract Value |
The overall monetary value of the contract, including all payments. |
|
Effective Date |
The date on which the contract begins. |
|
End Date (Built-In) |
The specific date on which the contract expires. |
|
Parties (Built-In) |
The entities involved in the contract. |
|
Payment Term |
The date on which the contract begins. |
|
Term |
The duration of the contract. |
|
Renewal Notice Period |
The time required to notify of contract termination before auto-renewal. |