Brightleaf Standard Attributes List
| Brightleaf Attribute Name | Name of the Field | Description | Data type | Status |
| BL_Type of Agreement | Type of Agreement | This field refers to the type of agreement if it is a master or an amendment or an addendum. | Short Text | Available |
| BL_Classification of Agreement | Classification of Agreement | This field refers to a classification of an agreement like, NDA, MSA, Supplier Agreement, etc. | Short Text | Available |
| BL_Effective Date | Effective Date | This field refers to the day when the contract becomes effective. The rules for identifying the effective date may vary if the contract has no defined Effective Date. | Date | Available |
| BL_Governing Law_Clause | Governing Law Clause | This field defines as to which rules and laws will govern the agreement if legal issues arise. A governing law clause does this by setting out expressly the parties’ choice of the law that will apply. | Long Text | Available |
| BL_Governing Law | Governing Law | This field defines as to which rules and laws will govern the agreement if legal issues arise. A governing law clause does this by setting out expressly the parties’ choice of the law that will apply. | Short Text | Available |
| BL_Term Length_In Months | Term Length | Term length reflects the duration of the agreement. The signing parties are obligated to adhere to the terms and conditions within the contract until the expiration of the Term, or end date of the contract. | Number | Available |
| BL_Term Type | Term Type | This field refers to the term of a contract if it is a Fixed or Perpetual or Auto-Renew/Evergreen type. | Short Text | Available |
| BL_Renewal Option | Renewal Option | Is contract has the renewal option provision after the end of the initial term? | Yes/No | Available |
| BL_Renewal Term_In Months | Renewal Interval | Renewal intervals can be defined as the time periods for which the contract is being renewed. Typically the contracts are renewed at month to month or year to year intervals. | Number | Available |
| BL_Autorenew Type | Auto-Renew Type (Limited/Indefinite) | This field refers to auto renewal provision, if it is a limited to number of times or unlimited times? | Short Text | Available |
| BL_Notice Period for Non Renewal_In Days | Notice Period for Non-Renewal (Days) | If a contract is auto-renew, what is the notice period for not to renew the contract for further renewal period? | Number | Available |
| BL_Perpetual | Perpetual | Perpetual contracts are contracts which do not specify the date when the contract will come to an end. | Yes/No | Available |
| BL_Termination_Clause_Exists | Termination Clause | A termination is a clause in a contract that allows one or both parties to terminate the agreement with or without a specific reason for doing so. | Yes/No | Available |
| BL_Termination for Convenience | Termination for Convenience | A termination for convenience clause is a clause in a contract that allows one or both parties to terminate the agreement without a specific reason for doing so. | Yes/No | Available |
| BL_Termination Notice Period for Convenience_In Days | Termination Notice Period (Days) | A termination for convenience clause is a clause in a contract that allows one or both parties to terminate the agreement without a specific reason for doing so. The notice period for the termination for convenience will be captured. | Number | Available |
| BL_Late Fees | Late Fees | This field refers to the fees charged for the payments of bonafide invoice made after the payment terms or due date. | Currency | Available |
| BL_Assignment_Clause | Assignment Clause | Assignment is the process where the assignor transfers rights or benefits to another, a transfer of rights in real property to another that gives the recipient (transferee) the rights that the owner or holder of the property (transferor) had. it is when one party handovers the obligations benefits of the property to another party. | Long Text | Available |
| BL_Force Majeure_Clause | Force Majeure Clause | This field refers to any unforeseen causes mentioned in the contract with respect to any occurrences beyond the reasonable control of a party, and therefore would not attract any obligations as a result. | Long Text | Available |
| BL_Payment Term | Payment Terms | This field refers to the timeframe within which the payments has to be made after the invoice is raised. | Number | Available |
| BL_Records Retention Periods | Records Retention Period(s) | This field is the duration of time for which the information should be maintained or retained, irrespective of format (paper, electronic, or other) by the parties to the agreement. | Number | Available |
| BL_Confidential Period_In Years | Protection Period or Confidential Period (Years) | This field refers to the period for which the information shared is to be kept confidential and/or is to be protected from third parties. Generally, number of years for which the information is to be protected will be captured. | Number | Available |
| BL_Audit Rights | Audit Rights | This clause refers to right of a party to audit the books of account of the other party to the contract. An audit is essentially an agreement between the parties to a contract to maintain and provide documents. Typically it gives a right to “audit” the contractor’s books and records in respect of the contractor’s compliance with its obligations under a contract. | Yes/No | Available |
| BL_Publicity_Allowed | Publicity Rights & Restrictions | The Publicity (also knows as Announcements or Press Releases) clause controls whether and how parties can announce the existence of an agreement, its terms, and the nature of the business relationship. The clause may be found in the either the Covenants or the General Provisions sections. In the case of license and services agreements, the clause will typically restrict publicity, while in the case of purchase agreements, the clause may provide for joint release of public statements or approval. | Yes/No | Available |
| BL_IPR_Rights Or Ownership_Clause | IPR Clause | The Intellectual Property clause handles the ownership of all intellectual property related to the agreement, including each party’s pre-existing intellectual property. The common Intellectual Property clause, used in most types of agreements, makes it clear that each party retains the ownership over their intellectual property; that is, unless the agreement says otherwise, that the agreement does affect the ownership of their intellectual property. | Long Text | Available |
| BL_Evergreen | Evergreen | If the contract automatically renews from year to year or month to month (indefinite period) after the expiration of the initial term until terminated by either party, the contract is said to be Evergreen. | Yes/No | Available |
| BL_Termination for Convenience_Responsible Party | Termination for Convenience | A termination for convenience clause is a clause in a contract that allows one or both parties to terminate the agreement without a specific reason for doing so. | Short Text | Available |
| BL_Termination for Cause_Responsible Party | Termination for Cause | This field refers to the terminating the contract either fully or partially when one party failed to act up to the terms of the contract, and the other party is ending the contract as a result (such as breach). | Short Text | Available |
| BL_Termination of Cause_Notice Period_In Days | Termination for Cause | This field refers to the terminating the contract either fully or partially when one party failed to act up to the terms of the contract, and the other party is ending the contract as a result (such as breach). | Number | Available |
| BL_Termination Notice Period_In Days | Termination Notice Period | If a contract has to terminate or cancel contract before or at the end of Initial Term or before or at the next renewal date, a notice period is required to do so. Generally, it refers to cancellation notice period. | Number | Available |
| BL_Payment Mode | Payment Mode | 1. Subject to the terms of the Agreement and the Promoter abiding by the construction milestones, the Allottee shall make all payments, on written demand by the Promoter, within the stipulated time as mentioned in the Payment Plan [Schedule C] through A/c Payee cheque/demand draft/bankers cheque or online payment (as applicable) in favour of ‘ ’ payable at . 2. It is the mode or means in which payment needs to be done, for example by cash, cheque, electronic transfer or other means | Short Text | Available |
| BL_Invoicing Frequency | Invoicing Frequency | This field refers to the timeframe within which the invoice will be issued after completion of work or milestone. | Short Text | Available |
| BL_Change of Control | Change of Control | Change of control means the change in ownership or management of the parties in the contract. Under this field the provision that each party has when there is a change in control of the ownership or management of the other party such as terminalisation right or any restrictions on such change. | Yes/No | Available |
| BL_Second Party_Legal Entity Type | Second Party_Legal Entity Type | 1. Counterparty is a legal and financial term. It means a party to a contract or a the other party to a financial transaction. A counterparty is usually the entity with whom one negotiates on a given agreement, and the term can refer to either party or both, depending on context. Any legal entity can be counterparty. 2. Second party or legal entity is the entity who has entered into contract with the client or customer of BL. | Short Text | Available |
| BL_Second Party_State of Incorporation | Second Party_State of Incorporation | The state of incorporation refers to the state where the company was registered. For instance, a corporation registered in Delaware will be designated as a Delaware Corporation, and its state of incorporation will be Delaware | Short Text | Available |
| BL_Delivery Terms_Clause | Delivery Terms | It defines following things in the mutual relation between the seller and the buyer a) delivery and taking delivery b) division of costs c) transfer of risk d) other mutual obligations | Long Text | Available |
| BL_Incoterms | Incoterms | This field is relating to a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) that are widely used in International commercial transactions or procurement processes, officially known as Incoterms. Incoterms are a set of internationally recognized agreements that determine who is responsible for the physical handling and payment of costs for a shipment of goods, right the way through from the seller or manufacturer’s premises to their buyer’s destination. | Yes/No | Available |
| BL_Currency | Currency | This field refers to the currency in which the contract amount has to be paid. | Currency Code | Available |
| BL_Price Increase Ability | Price Increase Ability | This field refers to the provision of the price increase value or any price adjustments provided in the agreement. | Yes/No | Available |
| BL_Price Increase Timing | Price Increase Timing | This field refers to the time of the year that the price increase is permitted. | Short Text | Available |
| BL_Price Increase Notification Days | Price Increase Notification Days | This field refers to the notification (in days) required to provide to the client when company is increasing its price. | Number | Available |
| BL_Cure Period for Breach | Cure Period (for Breach) | A time frame, generally in days, during which a company to the breaching party to fix the breach without penalty. Also known as grace period. | Number | Available |
| BL_Affiliate Language | Affiliate Language | This field refers to the definition and relevant provision of affiliates, their rights and obligations under the agreement. | Long Text | Available |
| BL_Assignment_Rights | Assignment | Assignment is the process where the assignor transfers rights or benefits to another, a transfer of rights in real property to another that gives the recipient (transferee) the rights that the owner or holder of the property (transferor) had. It is when one party handovers the obligations benefits of the property to another party. | Yes/No | Available |
| BL_SLA Language | SLA Language | The SLA clause (Service Level Agreement) defines the standard of services that service provider is obliged to meet. | Yes/No | Available |
| BL_Subcontractor_Clause_Exists | Subcontractor Rights | Subcontractor is a person who is awarded a portion of an existing contract by a principal or general contractor. Subcontractor performs work under a contract with a general contractor, rather than the employer who hired the general contractor. | Yes/No | Available |
| BL_Disaster Recovery Responsibilities | Disaster Recovery Responsibilities | Disaster recovery (DR) is an area of security planning that aims to protect an organization from the effects of significant negative events. Having a disaster recovery strategy in place enables an organization to maintain or quickly resume mission-critical functions following a disruption. | Yes/No | Available |
| BL_BCPRequirements | BCP/DR Requirements | Technically the Business Continuity Plan (BCP) refers to the means by which loss of business may be avoided and it ought to define the business requirements for continuity of operations. It defines the business requirements for a Disaster Recovery Plan (DRP) | Yes/No | Available |
| BL_Is gross negligence excluded from cap | Limitation of Liability – Exclusions (Indirect or Direct) | Limitation of Liability exclusions is defined as the claims that are uncapped or unlimited. The types of claims such as Confidentiality, Data Protection, Information Security, Warranties, Indemnification, Gross Negligence, Wilful Misconduct, Simple Negligence and any breach which has unlimited liability (there’s no specific cap amount) will be considered as exclusion from Limitation of Liability. | Yes/No | Available |
| BL_Is willful misconduct excluded from cap | Limitation of Liability – Exclusions (Indirect or Direct) | Limitation of Liability exclusions is defined as the claims that are uncapped or unlimited. The types of claims such as Confidentiality, Data Protection, Information Security, Warranties, Indemnification, Gross Negligence, Wilful Misconduct, Simple Negligence and any breach which has unlimited liability (there’s no specific cap amount) will be considered as exclusion from Limitation of Liability. | Yes/No | Available |
| BL_Consumer Price Index Definition | CPI: Definition/Index | This clause refers to the Consumer Price Index (CPI) definition which is present in a contract. It is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them. Changes in the CPI are used to assess price changes associated with the cost of living. The CPI is one of the most frequently used statistics for identifying periods of inflation or deflation and it is used for price adjustments periodically. | Long Text | Available |
| BL_Is fraud excluded from cap | Limitation of Liability – Exclusions (Indirect or Direct) | Limitation of Liability exclusions is defined as the claims that are uncapped or unlimited. The types of claims such as Confidentiality, Data Protection, Information Security, Warranties, Indemnification, Gross Negligence, Wilful Misconduct, Simple Negligence and any breach which has unlimited liability (there’s no specific cap amount) will be considered as exclusion from Limitation of Liability. | Yes/No | Available |
| BL_Compensation_Amount | Compensation Clause | This field refers to the payment of loss of services in case of any loss or damage. In other words, any reimbursements by one party to another party for any payments in relation to the services. | Currency | Available |
| BL_Compensation | Compensation Clause | This field refers to the payment of loss of services in case of any loss or damage. In other words, any reimbursements by one party to another party for any payments in relation to the services. | Yes/No | Available |
| BL_Agreement Title | Title of Agreement/Agreement Title | In simple language, it means the heading of the agreement. Generally this is the identifier of the agreement type. | Short Text | Available |
| BL_Annual Price Increase | Annual Price Increase (API) | This field refers to the provision in the agreement containing annual price increase. Example: (1) The Price may be adjusted upward or downward on each anniversary of the Effective Date by an amount that is mutually agreed upon by Supplier and Customer and that is reflective of then current market conditions. (2) Supplier may adjust the Price effective January 1st of each Year. | Yes/No | Available |
| BL_Annual Rate Increase Cap | Annual Rate Increase Cap | This field refers to the annual price increase cap negotiated in a contract. The provision in the contract containing cap limit of an annual price increase. Example: The Price may be adjusted upward or downward on each anniversary of the Commencement Date by an amount that is mutually agreed upon by Supplier and Customer and that is reflective of then current market conditions but not exceeding (xxxxx) amount. | Currency | Available |
| BL_Contract Start Date | Contract Start Date | This field refers to the day on which a service/phase/project starts. This date may be different from the Effective Date. | Date | Available |
| BL_Termination Effective Date | Termination Effective Date | This field refers to the date on which the contract is terminated. This is usually available in the termination letters. | Date | Available |
| BL_Partial Cancellation Option | Partial Cancellation Option | This field refers to any partial option for cancellation given in the Agreement. Generally it refers to Opt-out option. | Yes/No | Available |
| BL_Dispute Resolution_Venue | Arbitration/Dispute Resolution: Venue | This field refers to the place or state wherein the arbitration proceedings will take place, in case any despite arises between the parties. The place of dispute resolution is specifically mentioned in the Arbitration or Dispute Resolution clause. | Short Text | Available |
| BL_Mutual NDA | Mutual NDA | This field refers to the mutual confidentiality disclosure agreement entered into by the relevant parties. | Yes/No | Available |
| BL_Contract Value | Contract Value | This field refers to the total amount which is paid as a consideration of the contract. | Currency | Available |
| BL_Price Increase During Initial Term | Price Increase During Initial Term | This field refers to the right that the company is entitled to increase its fees during the initial term. | Yes/No | Available |
| BL_Price Increase During Renewal Terms | Price Increase During Renewal Terms | This field refers to the right that the company is entitled to increase its fees during the renewal periods. | Yes/No | Available |
| BL_Rebate | Rebate | A rebate is an amount paid by way of deduction, credit or refund that is paid retrospectively. It is a type of sales promotion that companies use primarily as incentives to increase the sales. | Yes/No | Available |
| BL_Minimum Requirements | Minimum Requirements | This field is relating to the minimum value (either monetary or order quantity) that is required in the contract. | Yes/No | Available |
| BL_Royalty Rate | Royalty Rate | A royalty rate is a payment made by one party, the licensee (the user of intangibles), to another party, the licensor (the owner of intangibles), for the use of intangibles owned by the licensor. | Yes/No | Available |
| BL_Automobile Liability Insurance | Automobile Liability Insurance | Auto liability insurance coverage helps cover the costs of the other driver’s property and bodily injuries if you’re found at fault in an accident. | Currency | Available |
| BL_General Liability Insurance | General Liability Insurance | General liability insurance can help cover medical expenses and attorney fees resulting from bodily injuries and property damage for which your company may be legally responsible. | Currency | Available |
| BL_Workers Compensation Insurance | Worker’s Compensation Insurance | The Workmen’s Compensation Insurance Policy provides for legal liability coverage for compensation to your employees for bodily injury or death caused due to accidents / occupational diseases arising out of and in course of employment. | Currency | Available |
| BL_Employers Liability Insurance | Employer’s Liability Insurance | The policy covers statutory liability of an employer for the death of or bodily injuries or occupational diseases sustained by the workmen arising out of and in course of employment. | Currency | Available |
| BL_Amendment Effective Date | Amendment Effective Date | It is the date on which the amendment becomes effective or comes in force. | Date | Available |
| BL_Notice of Fee Disputes | Notice of Fee Disputes | This field refers to the notice which is required in case of dispute in fee. Normally, it is initiated for dispute resolution between the parties when it arises at the time of payment. | Number | Available |
| BL_Insurance coverage | Insurance coverage | Insurance coverage is the risk coverage for an individual by way of insurance services. | Yes/No | Available |
| BL_License Grant | License Grant | It is the grant of license by the licensor to the licensee for a specific period of time and for a specific use and purpose. | Yes/No | Available |
| BL_Taxes | Taxes | It is the payment of various taxes such as sales, government taxes, regulatory taxes to be done during the course of the agreement and by which party | Yes/No | Available |
| BL_Insurance_Additional Insured Requirement | Insurance | Either party to the contract may have to maintain some basic insurance policies for different contingencies. Such insurance clauses or the relevant text from such clauses will be captured for this particular field. Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. | Long Text | Available |
| BL_Insurance_Notice of Policy changes or cancellation | Insurance | It is the notices provided by either party in case there is a change in the insurance policy or if there is a cancellation of existing insurance policy. | Number | Available |
| BL_Drug Screening Required | Drug Screening Required? | Drug screening is used to find out whether or not a person has taken a certain drug or drugs. | Yes/No | Available |
| BL_Notice Contact | Notice contact | This field refers to as the way how the parties to a contract will communicate with each other in written form. It must specify the elements the notice should contain. For instance, a notice should include the reasonable certainty the information is to be communicated by and between the parties; it must be physically, or electronically, signed by a person authorised to issue Notice; it must be dispatched by, email or Speed Post; it must include date. | Short Text | Available |
| BL_Escalation of Rates or Changes Based on an Index such as CPI | Escalation of Rates or Changes Based on an Index such as CPI | This field refers to the rate of change in price for a particular good or service associated with an asset basically it means how inflation affects cost of goods and services. | Short Text | Available |
| BL_Jurisdiction_Clause | Jurisdiction Clause | This field refers to the condition where the parties want all disputes arising under their agreement to be determined by a court of specific region that comes under the jurisdiction of that court. | Long Text | Available |
| BL_Compensation_Clause | Compensation Clause | This field refers to the payment of loss of services in case of any loss or damage. In other words, any reimbursements by one party to another party for any payments in relation to the services. | Long Text | Available |
| BL_Territory | Territory | The term territory has various meanings in different contexts. Generally, the term refers to a particular or indeterminate geographical area. In legal context, territory is an area of land under the jurisdiction of a ruler or state. It is a geographical area that has been acquired by a particular country but has not been recognized as a full participant in that country’s affairs. In Contractual terms, it can be defined as the areas/territories in which parties to the contract is providing Services or selling the Product. The territory is also used to describe an assigned area of responsibility. | Short Text | Available |
| BL_Autorenew | Autorenew | This field refers to auto renewal provision, if it is a limited to number of times or unlimited times? | yes/no | Available |
| BL_Insurance | Insurance | Either party to the contract may have to maintain some basic insurance policies for different contingencies. Such insurance clauses or the relevant text from such clauses will be captured for this particular field. Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. | short Text | Available |
| BL_Export Control_Clause | Export Control Clause | Export control is legislation that regulates the export of goods, software and technology. Some items could potentially be useful for purposes that are contrary to the interest of the exporting country. | long text | Available |
| BL_Relationship of the Parties_Clause | Relationship of the Parties clause | agreement creates any special relationship between the parties, such as a partnership, joint venture, or employee/employer relationship between the parties | long text | Available |
| BL_Third Party Beneficiaries_Clause | Third Party Beneficiaries Clause | A third-party beneficiary is a person or business that benefits from the terms of a contract made between two other parties. In law, a third-party beneficiary may have certain rights that can be enforced if the contract is not fulfilled. | long text | Available |
| BL_Notice Email | Notice contact | This field refers to as the way how the parties to a contract will communicate with each other in written form. It must specify the elements the notice should contain. For instance, a notice should include the reasonable certainty the information is to be communicated by and between the parties; it must be physically, or electronically, signed by a person authorised to issue Notice; it must be dispatched by, email or Speed Post; it must include date. | Short Text | Available |
| BL_Entire Agreement_Clause | Entire Agreement_Clause | An entire agreement clause aims to ensure that all the terms and conditions governing the rights and obligations of the parties are set out in a single contractual document, superseding all prior negotiations and agreements | long text | Available |
| BL_Program Modification Restrictions | Program Modification Restrictions | This field related to restrictions on modification of product, services or program. | Yes/No | Available |
| BL_Offshore Restrictions | Offshore Restrictions | This field related to restrictions on ability to outsource its project or set of tasks to a team that are outside the country or located at a different geographical location. | Yes/No | Available |
| BL_Type of Building or Property | Type of Building/Property | This field refers to a property or building to be rented out is for commercial purpose or residential purpose | Short Text | Available |
| BL_Subcontractor Approval | Subcontractor Approval | This attribute refers to the addition or change in the number of subcontractors. | Short Text | Available |
| BL_Square Footage | Square Footage | This field refers to Area in real estate sense, an extent of surface, commonly known as square foot. Basically it is the enclosed area. | Number | Available |
| BL_Non Solicitation_Clause | Non-Solicitation Clause | 1. A Non-Solicitation clause restricts individuals and organizations from soliciting (a) employees, (b) customers, or (c) business opportunities from another company or organization for a period of time. The enforceability of these clauses varies from state to state. 2.The companies assert that such restrictions are necessary to protect their proprietary rights and their confidential information. In today’s business situation of high rivalry and quick switching employees, numerous employers resort to restrictive covenants to ensure themselves against the competition. A non-solicitation clause is meant to put a restriction on an employee of a company, to prevent him from soliciting the employees or customers of a company, during and post-termination of employment. 3. It is a common contract clause that says if you work for a competitor, you won’t solicit any business clients, bring over any employees, or use any confidential information connected to your current job. In other words, you can’t use your old company contacts to help your new company. | Long Text | Available |
| BL_Escrow | Escrow | Escrow is a financial arrangement in which two parties enlist a “third party” (who is neither the buyer nor the seller) to temporarily hold money, paperwork, or other assets for a transaction on their behalf before the transaction has been finalized. That third party, known as an escrow provider, helps make the transaction safer by protecting the assets of the buyer and seller until both parties have met their obligations for the agreement. Ideally, the escrow provider is a neutral third party who isn’t concerned with whether the buyer or seller comes out ahead. | Yes/No | Available |
| BL_Dispute Resolution Notice Period_In Days | Arbitration/Dispute Resolution: Notice | This field refers to the notice period within which one party has to notify the other party and the adjudicating authority about the arbitration proceedings. The number of days within which notice has to be provided to the other party and the number of days within which the other party has to reply to the said notice, both, will be captured under this field. | Number | Available |
| BL_Indemnification by Company | Indemnification by Company | The basic meaning of Indemnity is to make good the loss. It is a contractual obligation of one party to compensate the loss incurred to the other party due to the acts of the indemnitor or any other party. In case of indemnification by company, the company shall compensate its client, or the other party in case of loss suffered from the negligence of company. | Yes/No | Available |
| BL_Indemnification by Client | Indemnification by Client | The basic meaning of Indemnity is to make good the loss. It is a contractual obligation of one party to compensate the loss incurred to the other party due to the acts of the indemnitor or any other party. In case of Indemnification by client, the client shall compensate company, or the other party in case of loss suffered from the negligence of client or the counterparty. | Yes/No | Available |
| BL_Subcontractor Rights | Subcontractor Rights | Subcontractor is a person who is awarded a portion of an existing contract by a principal or general contractor. Subcontractor performs work under a contract with a general contractor, rather than the employer who hired the general contractor. | Yes/No | Available |
| BL_Most Favored Terms | Most Favored Nation/Pricing Clause | A Most Favoured Nation (MFN) clause (also called a most favoured customer clause or most favoured licensee clause) is a contract provision in which a seller (or licensor) agrees to give the buyer (or licensee) the best terms it makes available to any other buyer (or licensee). The MFN clause requires a country to provide any concessions, privileges, or immunities granted to one nation in a trade agreement to all other World Trade Organization member countries. Although its name implies favoritism toward another nation, it denotes the equal treatment of all countries. | Long Text | Available |
| BL_Most Favored Nation | Most Favored Nation/Pricing Clause | A Most Favoured Nation (MFN) clause (also called a most favoured customer clause or most favoured licensee clause) is a contract provision in which a seller (or licensor) agrees to give the buyer (or licensee) the best terms it makes available to any other buyer (or licensee). The MFN clause requires a country to provide any concessions, privileges, or immunities granted to one nation in a trade agreement to all other World Trade Organization member countries. Although its name implies favoritism toward another nation, it denotes the equal treatment of all countries. | Yes/No | Available |
| BL_Purpose_Clause | Purpose Clause | This field outlines which kind of services or for what purpose the agreement is made. | Long Text | Available |
| BL_Severability_Clause | Severability Clause | This clause refers to a provision in a piece of legislation or a contract that allows the remainder of the legislation’s or contract’s terms to remain effective, even if one or more of its other terms or provisions are found to be unenforceable or illegal. A severability clause in a contract states that its terms are independent of one another so that the rest of the contract will remain in force should a court declare one or more of its provisions void or unenforceable. | long text | Available |
| BL_Survival_Clause | Survival Clause | This clause refers to a provision and specifies which contract provisions will remain in effect after the termination or expiration of the agreement. Common obligations covered by Survival clauses include Confidentiality, Non-Competition, and Effect of Termination. | long text | Available |
| BL_Indemnification by Company_Right to Control Counsel | Indemnification by Company: Right to Control Counsel/Settlement | The right to control counsel usually imposes an independent duty to either actively defend or fund the defence of any claim brought against the indemnitee that falls within the scope of the indemnification provision. The duty of the company to defend is a promise to render, or fund, the service of providing a defence on the indemnitee’s behalf. It is a duty that usually arises as soon as a claim is made against the indemnitee and may continue until the claim has been resolved. | Yes/No | Available |
| BL_Indemnification by Company_Time Barred | Indemnification by Company: Notice/Time Barred | The time barred on indemnification means that no claim or suit shall be brought by indemnitee against the company after the stipulated time given, i.e. that the suit or claim for indemnification shall be brought under the given time frame in the contract, if it is given beyond the time frame the company shall not be liable for such indemnification claim. The Company shall not be liable for any loss or damage caused to the indemnitee if the notice of such loss is given to the company within the given timeframe for serving such notice. | Yes/No | Available |
| BL_Indemnification by Client_Right to Control Counsel | Indemnification by Client: Right to Control Counsel/Settlement | The right to control counsel usually imposes an independent duty to either actively defend or fund the defence of any claim brought against the indemnitee that falls within the scope of the indemnification provision. The duty of the client to defend is a promise to render, or fund, the service of providing a defence on the company’s behalf. It is a duty that usually arises as soon as a claim is made against the indemnitee and may continue until the claim has been resolved. | Yes/No | Available |
| BL_Indemnification by Client_Time Barred | Indemnification by Client: Notice/Time Barred | The time barred on indemnification means that no claim or suit shall be brought by indemnitee against the client after the stipulated time given, i.e. that the suit or claim for indemnification shall be brought under the given time frame in the contract, if it is given beyond the time frame the client shall not be liable for such indemnification claim. The client shall not be liable for any loss or damage caused to the indemnitee if the notice of such loss is given to the client within the given timeframe for serving such notice. | Yes/No | Available |
| BL_Termination Right with Price Increase_Clause_Exists | Termination Right with Price Increase Clause | This field refers to the party’s right to cancel if price increase exceeds the cap limit. | Yes/No | Available |
| BL_Annual License Fee | Annual License Fee | Annual License Fee means a yearly, non-refundable, non-recoupable fee to be paid by Licensee in consideration of the rights granted to Licensee and the undertakings given by LLA under this Agreement. | Currency | Available |
| BL_Payments per Year | Payments per Year | It is the amount of payment which has to be made on an annual basis | Currency | Available |
| BL_Deposits | Deposits | This field refers to the security provided to other party for correct fulfilment of the Agreement. It also provides the detail about where to deposit and release of deposits. | Currency | Available |
| BL_Type of Lease | Type of Lease/Classification | 1.Lessor- Lessor can classify lease as either operating lease or financial lease. 2. Lessee- Lessee can classify lease as short term lease (12 months or less) unless the underlying asset is of low value | Short Text | Available |
| BL_Discount Percent | Discount Percent | It is the actual percentage of discount to be given to customer on the payment of invoices | Percentage | Available |
| BL_CAM Fees | CAM Fees | This field refers to as the fees charged for common areas of commercial property such as elevator, parking lots, lawn, lobby, staircase. CAM also known as commercial area maintenance. | Currency | Available |
| BL_Penalties for Late Payments | Penalties for Late Payments | This field refers to the penalties (usually in %) that are levied on the customer in case the customer has crossed the invoice payment date. | Percentage | Available |
| BL_Security Breach Notification | Security Breach Notification | A security breach is any incident that results in unauthorized access of data, applications, services, networks and/or devices by bypassing their underlying security mechanisms. A security breach occurs when an individual or an application illegitimately enters a private, confidential or unauthorized logical IT perimeter. A security breach is also known as a security violation. This field refers to whether any notification is present in clause in case any security breach happens | Yes/No | Available |
| BL_Parent Effective Date | Parent/Master Effective Date | This field is applicable to amendments or addendums or any other supporting agreements other than the master agreement. In these agreements, the details of its master agreement are given in Preamble or Recital part. It refers to the date when the master agreement or contract becomes effective. | Date | Available |
| BL_General Liability Cap | Liability Cap | Liability cap is the cap limit or cap amount on the claims in the contract. This is the limit as to what extent the party/parties can claim the amount for any damage or loss. | Currency | Testing In progress |
| BL_Payment Obligations_Clause | Billing and Payment | This clause refers to the details of the bills to be raised and payments to be done. | Long Text | Testing In progress |
| BL_Contract End Date | Effective End Date | It is the date on which the agreement will be expired. It is usually the date on which the initial term will end without considering the renewal provisions. | Date | Testing In progress |
| BL_Products | Products/Services | Products/Services shall mean all products planned, researched, developed, tested, manufactured, sold, licensed, leased or otherwise distributed or put into use by a Company or any of its Affiliates, together with all services provided or planned by a Company or any of its Affiliates. | Long Text | Testing In progress |
| BL_Facility Address | Facility Address | This field refers to a place, especially including buildings, where a particular activity happens | Short Text | Testing In progress |
| BL_Facility Description | Facility Description | This field refers to facilities which party provides to other party. It also contain name, location, permit, discharge etc. | Short Text | Testing In progress |
| BL_Program Modification Notice | Program Modification Notice | This field related to the notice period for the modification of product, services or program. | Number | Testing In progress |
| BL_Subcontractor Notice | Subcontractor Notice | This field related to notice period to add or change subcontractors. | Number | Testing In progress |
| BL_Price Increase Restrictions | Price Increase Restrictions | This field related to increase in prices by for its product, services or program. | Yes/No | Testing In progress |
| BL_Insurance_Clause | Insurance Clause | Either party to the contract may have to maintain some basic insurance policies for different contingencies. Such insurance clauses or the relevant text from such clauses will be captured for this particular field. Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. | Long Text | Testing In progress |
| BL_Non Compete_Clause | Non-Compete Clause | This field refers to a clause under which one party (usually an employee or business entity) agrees not to enter into or start a similar profession or trade in competition against another party (usually the employer). | Long Text | Testing In progress |
| BL_Injunctive Relief_Clause | Injunctive Relief Clause | An injunctive relief clause is a component of a contract that specifically orders one party or both parties of the contract to refrain from doing an act that would cause harm to the other party. It is used in cases where there is no remedy for having caused the stated harm by exchanging money or other property of value, and the only way to prevent damage is to stop the stated action. An injunction is a court order directing a person to do (or stop doing) something. If someone violated your Agreement, you would want a court order directing that person to stop using your secrets. To get an injunction, you must demonstrate to the court that you have suffered or will suffer irreparable harm as a result of the unauthorized use of your secrets. Irreparable harm is harm that can’t be compensated for later by money. | Long Text | Testing In progress |
| BL_Publicity_Clause | Publicity Rights & Restrictions Clause | The Publicity (also knows as Announcements or Press Releases) clause controls whether and how parties can announce the existence of an agreement, its terms, and the nature of the business relationship. The clause may be found in the either the Covenants or the General Provisions sections. In the case of license and services agreements, the clause will typically restrict publicity, while in the case of purchase agreements, the clause may provide for joint release of public statements or approval. | Long Text | Testing In progress |
| BL_Exclusivity_Clause | Exclusivity Clause | This clause refers to a company or an individual works exclusively with the other party of the agreement. For example, an exclusivity clause is an agreement between at least two parties where one party will provide service or sell goods exclusively to another party. The clause is also referred to as an exclusivity agreement form and an exclusivity contract. | Long Text | Testing In progress |
| BL_Commencement Date | Commencement Date | This field refers to the day when the term of a contract commences. Generally this refers to the date signed the contract. This date may be different from the Effective Date. | Date | Testing In progress |
| BL_First Party | Contracting Party (First Party) | This field refers to an individual or an entity name who enters into an agreement with another individual or entity. | Short Text | Testing In progress |
| BL_Second Party | Contracting Party (Second Party) | This field refers to an individual or an entity name who enters into an agreement with another individual or entity. Also termed as Counterparty. | Short Text | Testing In progress |
| BL_Notice Address | Notice Address/Contact | Notice Address/ Contact shall mean the address of the parties given in the Contract for sending notices for communication purposes regarding Breach, Termination etc. | Short Text | Testing In progress |
| BL_License Term | License Term | License Term means the period of time during which Licensee is authorized to use Program(s) in accordance with the applicable license grant. … License Term means the period of time starting with the LICENSE COMMENCEMENT DATE and ending with the LICENSE EXPIRATION DATE | Short Text | Testing In progress |
| BL_Location Country | Territory Clause | The term territory has various meanings in different contexts. Generally, the term refers to a particular or indeterminate geographical area. In legal context, territory is an area of land under the jurisdiction of a ruler or state. It is a geographical area that has been acquired by a particular country but has not been recognized as a full participant in that country’s affairs. In Contractual terms, it can be defined as the areas/territories in which parties to the contract is providing Services or selling the Product. The territory is also used to describe an assigned area of responsibility. | Short Text | Testing In progress |
| BL_Cancellation_Clause_Exists | Early Termination Penalties Clause | This clause is relating to the premature termination of the agreement for any purely acceptable reasons such as change of control, new commercial strategy or financial difficulties of one of the parties etc. The early termination provision is considered as a contractual penalty which may be implemented in case of breach of an agreement by a party. | Yes/No | Testing In progress |
| BL_Confidentiality_Clause | Confidentiality Clause | A confidentiality clause (also referred to as a nondisclosure clause) is a legally binding where an individual or enterprise guarantees to deal with particular data as a commercial secret and guarantees to not disclose such information to others without correct authorization. | Long Text | Testing In progress |
| BL_Is there a Cancellation Penalty | Early Termination Penalties Clause | This clause is relating to the premature termination of the agreement for any purely acceptable reasons such as change of control, new commercial strategy or financial difficulties of one of the parties etc. The early termination provision is considered as a contractual penalty which may be implemented in case of breach of an agreement by a party. | Yes/No | Testing In progress |
| BL_Effective End Date | Effective End Date | It is the date on which the agreement will be expired. It is usually the date on which the initial term will end without considering the renewal provisions. | Date | Testing In progress |
| BL_Cancellation Penalty | Cancellation Penalty | This field refers to as, when a party cancels an agreement without cause before its term end and the provision of cancellation without cause is not present in the agreement, the cancellation penalty will be charged on such party according to the terms of that agreement. | Currency | Testing In progress |
| BL_Arbitration_Clause | Arbitration_Clause | This field refers to solving of disputes with the help of Alternative Dispute Resolution system by adding “Arbitration” clause in the agreement with mutual consent of the parties. | Long Text | Testing In progress |
| BL_Employee Background Check Requirements_Clause | Employee Background Check Requirements Clause | It is a requirement that verification of employees background in case of any criminal offences are against the employee and also it verifies the details of the employee. | Long Text | Testing In progress |
| BL_Conflict of Interest_Clause | Conflict of Interest Clause | Each member to the contract from time to time may engage in and own interests in other business ventures, independently or with others (including ones in competition with the Company) with no obligation to offer to the Company or any other Member or officer the right to participate therein. Because a conflict of interest can be so detrimental to the company, most contracts include a conflict of interest clause. | Long Text | Testing In progress |
| BL_Return of Confidential Information_Clause | Return of Confidential Information Clause | The Return or Destruction of Confidential Information clause or any materials commonly appears in confidentiality agreements and other transactions involving sharing proprietary information. The clause typically contains requirements to either return or destroy of such information and certification of compliance. | Long Text | Testing In progress |
| BL_dispute resolution_Clause | dispute resolution Clause | Alternative dispute resolution typically refers to one of several processes used to resolve disputes between litigating parties. | long text | Testing In progress |
| BL_Limitation of Liability_Clause | Limitation of Liability Clause | A limitation of liability clause stipulates that a party will be obligated to pay to the other in such an event under the terms of an agreement. | long text | Testing In progress |
| BL_Preamble_Clause | Preamble Clause | The preamble of a contract is the introductory paragraph that identifies the parties to the agreement. | long text | Testing In progress |
| BL_Agreement Term_Clause | Agreement Term Clause | The Term clause defines the start and end of the agreement. It is the period when the agreement is effective. The key elements of the provision define when the contract starts and when it ends | long text | Testing In progress |
| BL_Termination_Clause | Termination Clause | A termination clause is a contractual provision that sets forth the circumstances under which agreements may be terminated, including the effects of termination, such as payments and other rights and obligations of the parties. | long text | Testing In progress |
| BL_Subcontractor_Clause | Subcontractor Clause | The Subcontracting clause in a Master Services Agreement authorizes the Service Provider to use subcontractors, approved by the Client, in delivering the Services and addresses related issues, such as. the Service Provider’s liability for the subcontractors’ acts. the procedure for removing a subcontractor. | long text | Testing In progress |
| BL_Indemnification_Clause | Indemnification Clause | To indemnify someone is to absorb the losses caused to that party. … Indemnity clause often sets out a list of what actions a party is insured against, for example: All lawsuits, actions or proceedings, demands, damages and liabilities. All claims, liabilities, losses, expenses and damages arising from a contract | long text | Testing In progress |
| BL_Warranty_Clause | Warranty Clause | A warranty clause is a provision in a contract that generally provides a promise specifying that something is true or will happen | long text | Testing In progress |
| BL_Drug Screening Required_Clause | Drug Screening Required Clause | Drug screening is used to find out whether or not a person has taken a certain drug or drugs. | long text | Testing In progress |
| BL_Product Description | Product Description | This field refers to as all products planned, researched, developed, tested, manufactured, sold, licensed, leased or otherwise distributed or put into use by the party or any of its affiliates, together with all services provided or planned by the party or any of its affiliates, during the period of agreement. | Long Text | Coming Soon |
| BL_Date of Last Signature | Date of Last Signature | This field refers to the date of the signature of a contract by the party last signed. | Date | Coming Soon |
| BL_Publicity Rights & Restrictions | Publicity Rights & Restrictions | The Publicity (also knows as Announcements or Press Releases) clause controls whether and how parties can announce the existence of an agreement, its terms, and the nature of the business relationship. The clause may be found in the either the Covenants or the General Provisions sections. In the case of license and services agreements, the clause will typically restrict publicity, while in the case of purchase agreements, the clause may provide for joint release of public statements or approval. | Yes/No | Coming Soon |
| BL_Whether Counterparty’s affiliates can purchase or use the license product? | Affiliate Language | This field refers to the definition and relevant provision of affiliates, their rights and obligations under the agreement. | Yes/No | Coming Soon |
| BL_Agreement Current End Date | Agreement Current End Date | This field refers to the date on which the contract will expire for the active contracts. This date is calculated by adding auto-renewal period to the current expired date. | Date | Coming Soon |
| BL_Assignment Merger Consolidation Sale exempted | Assignment: Merger/Consolidation/Sale exempted | The rights of the party how the assignment can be done in the contract whether by merger, consolidation or sale exempted. Assignment by Merger: Assignment by mergers and acquisitions from target company entity to the acquirer, whenever a contract has to be placed in the name of an entity other than the existing target company entity after completion of a transaction. Assignment by Consolidation or amalgamation: The merger of smaller companies into much larger company. The process of combining the financial results of several subsidiary companies into the combined financial results of the parent company. This method is typically used when a parent entity owns more than 50% of the shares of another entity. | Short Text | Coming Soon |
| BL_Data Breach Provision | Data Breach Provision | This field refers to the obligation on both the parties to handle the data of the other party with appropriate protocol and the provisions related to actions need to be taken in case of breach of such data. It also includes the duration within which the breaching party has to inform the other party about such breach. | Yes/No | Coming Soon |
| BL_Data Security Breach Notification | Data Breach Provision | This field refers to the obligation on both the parties to handle the data of the other party with appropriate protocol and the provisions related to actions need to be taken in case of breach of such data. It also includes the duration within which the breaching party has to inform the other party about such breach. | Yes/No | Coming Soon |
| BL_Data use rights | Data use rights | This field refers to the use of data solely for the purpose of and to the extent as agreed between the parties in the agreement. | Yes/No | Coming Soon |
| BL_CPI Adjustment Date | CPI: Adjustment Date/Notice Date | This field refers to the section(s) of the agreement which addresses pricing/rates/fees, in which there will be a reference to how pricing increases are determined and the measure use to calculate it. “CPI” stands for “Consumer Price Index”, which is the measure most often used for rate changes in the United States. The agreement will contain a provision that will describe the mechanism as to how pricing/rate changes can occur and the date by when this increase can occur. The relevant date applicable for such price increase will be captured for this field. | Date | Coming Soon |
| BL_Variable Lease Payments | Variable lease payments | Payments made by a lessee to a lessor for the right to use an underlying asset that vary because of changes in facts or circumstances occurring after the commencement date, other than the passage of time. | Short Text | Coming Soon |
| BL_Mandatory Regulatory Reporting | Mandatory Regulatory Reporting/Auditing | It is submission of raw or formatted data as required by the regulators to evaluate and track the financial and operational status financial institutions and their compliance with required regulatory provisions. Auditing is systematic examination of accounting books and records in order to ascertain or to verify financial operations and results. | Yes/No | Coming Soon |
| BL_Status | Status | This field refers to the status of a contract i.e., whether the agreement is in force or not, will be indicated. | Short Text | Coming Soon |
| BL_Third Party Hosting Services Rights | Third Party Hosting Services Rights | A third-party host is an individual or a business which self-hosts a BTCPay Server instance and enables other users to register and use the server. … Third-party hosts play an important role in the ecosystem since they provide an easy and cost-effective way for users to try and use BTCPay Server. | Yes/No | Coming Soon |
| BL_Party Rights To Use Data For Research Purposes | Party Rights To Use Data For Research Purposes | This field refers to allowing the data obtained from the parties to be used for some research to validate original research findings. | Yes/No | Coming Soon |
| BL_Support Uplift | Support Uplift | An uplift clause creates a contractual agreement whereby the person selling the property is guaranteed a part of the profits should there be a change of use or should development substantially increase the value of the property | Percentage | Coming Soon |
| BL_Subscription Uplift | Subscription Uplift | This field refers to the guarantee provided to seller to provide part of profit in case there is change in the value due to some development or change of use | Percentage | Coming Soon |
| BL_Third Party | Third Party | This field refers to the name of the other party (third party) involved with the company and counterparty. Generally, the third party can be found where agreement is tri-party. In a contract, a third party beneficiary may be named. A generic legal term for any individual who does not have a direct connection with a agreement but who might be affected by it. | Short Text | Coming Soon |
| BL_Company Type | Company Type | Companies can be classified into different types based on their mode of incorporation, liability of the members, and number of the members. … Unlimited Companies. Public Company (or Public Limited Company) Private Company (or Private Limited Company) One Person Company. | Short Text | Coming Soon |
| BL_Category_Company | Category_Company | A business category is a high-level business area that helps to organize business terms. | Short Text | Coming Soon |
| BL_Partner Name | Partner Name | Name partner is a partner whose name is part of the official name of a partnership. | Short Text | Coming Soon |
| BL_Company Contracting Entity | Contracting Party (Second Party) | This field refers to an individual or an entity name who enters into an agreement with another individual or entity. Also termed as Counterparty. | Short Text | Coming Soon |
| BL_Client/Vendor Entity Name | Contracting Party (First Party) | This field refers to an individual or an entity name who enters into an agreement with another individual or entity. | Short Text | Coming Soon |
| BL_Audit Rights Company | Audit Rights | This clause refers to right of a party to audit the books of account of the other party to the contract. An audit is essentially an agreement between the parties to a contract to maintain and provide documents. Typically it gives a right to “audit” the contractor’s books and records in respect of the contractor’s compliance with its obligations under a contract. | Yes/No | Coming Soon |
| BL_Economic Incentive | Economic Incentive | Economic incentives are the benefits or the rewards offered by the lessor to the lessee on extension of lease period. | Long Text | Coming Soon |
| BL_Audit Rights Client | Audit Rights Client | 1. The audit section in a services agreement contains the provisions that specifies a party’s right to access and review another party’s information in order to determine such party’s compliance with the agreement 2. It is a right available with client to audit or inspect other party’s books of accounts to make sure that everything is in compliance with the terms of the agreement | Yes/No | Coming Soon |
| BL_Reassessment | Reassessment | Reassessment is the re-measurement of lease liability by lessee to reflect changes to the lease payments. | Short Text | Coming Soon |
| BL_Partner Role | Partner Role | This field refers to the role of partner in the Company and it depends on significant expertise and experience of Partner. Traditionally, firms were set up as legal partnerships in which partners shared the profits and Partner will be responsible for developing and managing client relationships, identifying new business opportunities and contributing to growth and development. | Short Text | Coming Soon |
| BL_Residual Value Guarantee | Residual Value Guarantee | A guarantee made to a lessor that the value of an underlying asset returned to the lessor at the end of a lease will be at least a specified amount. Pay Units means the aggregate number of subscriptions to pay or premium television services (i.e., Home Box Office, Cinemax, Showtime, etc.) | Long Text | Coming Soon |
| BL_Payment Units | Payment Units | Pay Units means the aggregate number of premium services received by Basic Subscribers on a primary outlet. | Short Text | Coming Soon |
| BL_Netting | Netting | A method of reducing credit, settlement and other risks of financial contracts by aggregating (combining) two or more obligations to achieve a reduced net obligation. | Yes/No | Coming Soon |
| BL_Customer Location | Customer Location | 1. Customer Location means the city or unincorporated area of a county where the majority of the contacts between the taxpayer and the customer take place. 2. Customer location is place of business of customer or where the notices shall be served to customer | Short Text | Coming Soon |
| BL_SP Use and Access of Customer Licenses | SP Use and Access of Customer Licenses | It is the right of the service provider to access the licenses provided by customer | Yes/No | Coming Soon |
| BL_Lease Rental Rate | Lease Rental Rate | It is the rate of rent applicable for the lease. It should be predefined in the agreement | Currency | Coming Soon |
| BL_Limitation of Liability Exclusions_Indirect or Direct_Clause | Limitation of Liability – Exclusions (Indirect or Direct) Clause | Limitation of Liability exclusions is defined as the claims that are uncapped or unlimited. The types of claims such as Confidentiality, Data Protection, Information Security, Warranties, Indemnification, Gross Negligence, Wilful Misconduct, Simple Negligence and any breach which has unlimited liability (there’s no specific cap amount) will be considered as exclusion from Limitation of Liability. | Long Text | Coming Soon |
| BL_Limitation of Liability General_Indirect or Direct | Limitation of Liability – General (Indirect or Direct) | Limitation of Liability limits the amount as well as the types of damages a party can recover from the other in the contract. This is an efficient way to cap the liability amount undertaken by a party, the exposure is capped at the fees paid to the service provider under the agreement or another small amount which may be more or less than the fees. The General Liability Cap is the single cap on direct damages except for the cap identified as a supercap, i.e. more than one cap for multiple claims. In the contract if there is a single cap for all liability claims then that cap will be considered as General liability cap. | Yes/No | Coming Soon |
| BL_End User Name | Contracting Party (Second Party) | This field refers to an individual or an entity name who enters into an agreement with another individual or entity. Also termed as Counterparty. | Short Text | Coming Soon |
| BL_Charges and Payment | Charges and Payment | It is the charges applicable to services provided in the agreement and the payment of those charges to be made. | Yes/No | Coming Soon |
| BL_Sequential Liability | Sequential Liability | This field refers to the rule stating that a company only has to pay money it owes after it has received payment from its customers. In other words, a person or company does not pay money that they owe until they receive money that is owed to them for the same work, project, etc. Sequential liability protects businesses from their clients getting into trouble. | Yes/No | Coming Soon |
| BL_Novation Rights | Novation | Novation is the act of – 1. Replacing an obligation to perform with another obligation; or 2. Adding an obligation to perform; or 3. Replacing a party to an agreement with a new party.Novation is the process by which the original contract is extinguished and replaced with another, under which a third party takes up rights and obligations duplicating those of one of the parties to the original contract. This means that the original party transfer both the benefits and burdens under the contract. For example: B enters into a contract with C for B to paint C’s house for $500. B then enters into a separate contract with C and D for D to paint C’s house and to discharge its duties to C. This new contract is called a novation. | Yes/No | Coming Soon |
| BL_Is there a Purchase Option | Is there a Purchase Option? | A purchase option is a right to purchase or lease land or other property interests without any obligation to do so. | Yes/No | Coming Soon |
| BL_License Rights after Term | License Rights after Term | These are the rights available to the licensee even after the term of the license is over. | Short Text | Coming Soon |
| BL_Purchase Option Price | Purchase Option Price | Purchase Option Price is the term used for the figure you’ll need to pay (plus your lease payments and any possible deposit) to own the device. … If you want to do it before the end of the 18 months, you pay your Purchase Option Price plus any remaining lease payments. | Currency | Coming Soon |
| BL_Purchase Option | Purchase Option | This field refers to the right to other party to purchase or lease property or other land without any further obligation. It provide assurance to option holder of the right to purchase property within a certain time period at a certain price. Purchase Option can be Fixed or Bargain. Fixed purchase option means right given to option holder to buy a leased item at the end of a lease term at a pre-determined price. Bargain purchase option is a clause in a lease agreement that allows the lessee to purchase the leased asset at the end of the lease period at a price | Yes/No | Coming Soon |
| BL_Permission to Use Customer Logo | Publicity Rights & Restrictions | The Publicity (also knows as Announcements or Press Releases) clause controls whether and how parties can announce the existence of an agreement, its terms, and the nature of the business relationship. The clause may be found in the either the Covenants or the General Provisions sections. In the case of license and services agreements, the clause will typically restrict publicity, while in the case of purchase agreements, the clause may provide for joint release of public statements or approval. | Short Text | Coming Soon |
| BL_Assignment Notice Require | Assignment Notice Require | This field refers to the condition in which neither party may assign the agreement or any of its rights or interests hereunder or delegate any of its obligations, without giving notice to the other party. | Yes/No | Coming Soon |
| BL_Property Address | Property Address | This field refers to the description of the entire property is given , which includes unit number and description of the boundaries and how the boundaries are defined. For example in case of Sales deed, it must include identification number, total plot area, construction details as well as its location with its surrounding areas. | Short Text | Coming Soon |
| BL_Data Security Breach Notification Period | Data Security Breach Notification Period | This field refers to as when there is breach in data security by one party so that party should notify other party of the agreement about the breach in given duration. | Number | Coming Soon |
| BL_Payment Percentage | Payment Percentage | This field refers to the portion, expressed as a percentage, of the Liquidated Value of all Payment Percentage Claims that the Plan Trust is expected to have sufficient assets to pay | Percentage | Coming Soon |
| BL_Frequency of Payments | Frequency of Payments | This field refers to how often payment is to be made, if payment occur every quarter frequent of payment will be quarterly. | Number | Coming Soon |
| BL_Penalties for Overstaying Lease | Penalties for Overstaying Lease | This field refers to as when a tenant remains in a property after the expiration of the lease, it is called overstaying. If the landlord continues to accept rent payments, the holdover tenant can continue to legally occupy the property, and state laws and court rulings determine the length of the holdover tenant’s new rental term. If the landlord does not accept further rent payments, the tenant is considered to be trespassing, and if they do not promptly move out, an eviction may be necessary. The penalty on such overstaying the lease term is “Penalties for Overstaying Lease”. | Percentage | Coming Soon |
| BL_Is there a penalty for Overstaying Lease | Is there a penalty for Overstaying Lease | This field refers to as whether the agreement is talking a penalty for overstaying the lease term. This clause would generally be a Yes/No field. | Yes/No | Coming Soon |
| BL_Leasehold Improvements | Leasehold Improvements | This field refers to as, if there are any improvements, attachments, modifications, alterations, fixtures, or any kind of an investment made by the tenant to the property held. Landlords may agree with these improvements for existing or new tenants. Leasehold improvements may be done by the landlord or tenant. | Long Text | Coming Soon |
| BL_Current Rate | Current Rate | This field refers to as the present rate of the leased property, in lease context. | Currency | Coming Soon |
| BL_Land sq ft | Land sq ft | This field refers to as the area of land leased out in sq. ft. measurements. | Number | Coming Soon |
| BL_Casualty Percentage | Casualty Percentage | Casualty percentage is usually included the insurance agreements (life insurance, term life insurance, etc) which define the claim rate percentage according to the type of casualty of the insured. | Percentage | Coming Soon |
| BL_Extended Payment Terms | Extended Payment Terms | Extended payment terms are the payment terms that are mentioned in agreement other than the payment clause or those provision which allows customer to pay their invoices in longer-than-normal time duration. | Number | Coming Soon |
| BL_Early Termination Penalties_Clause | Early Termination Penalties Clause | This clause is relating to the premature termination of the agreement for any purely acceptable reasons such as change of control, new commercial strategy or financial difficulties of one of the parties etc. The early termination provision is considered as a contractual penalty which may be implemented in case of breach of an agreement by a party. | Long Text | Coming Soon |
| BL_Key Performance Indicators_Clause | Key Performance Indicators Clause | A Key Performance Indicator (KPI) is a measurable value that demonstrates how effectively a company is achieving key business objectives. | Long Text | Coming Soon |
| BL_Initial lease term | Initial lease term | This field refers to the period from commencement of lease to expiration of the lease. | Number | Coming Soon |
| BL_Non-cancellable lease term | Non-cancellable lease term | This field refers to the period for which none of the parties will have the right to terminate the lease agreement. | Number | Coming Soon |
| BL_Lease payments | Leaase Payments | The periodic payment made during the lease term. Usually paid each month, but may be paid quarterly, to the lessor | Currency | Coming Soon |
| BL_Lessor or grantor | Lessor or Grantor | An entity that enters into a contract to provide the right to use an underlying asset/right of way for a period of time in exchange for consideration | Short Text | Coming Soon |
| BL_Lessee or grantee | Lessee or Grantee | An entity that enters into a contract to obtain the right to use an underlying asset/right of way for a period of time in exchange for consideration | Short Text | Coming Soon |
| BL_Lease or easement description | Lease or Easement Description | It is the description of the lease property/easement right that is being used by the lessee | Short text | Coming Soon |
| BL_Whether there is an easement right? | Whether there is an easement right? | An easement is a legal right to use another’s land for a specific limited purpose. In other words, when someone is granted an easement, he is granted the legal right to use the property, but the legal title to the land itself remains with the owner of the land | Yes/No | Coming Soon |
| BL_Lease Modification | Lease Modification | A change to the terms and conditions of a contract that results in a change in the scope of or the consideration for a lease | Long Text | Coming Soon |
| BL_Effective date of lease modification | Effective Date of Lease Modification | The date when both parties agree to a lease modification | Date | Coming Soon |
| BL_Period of use | Period of Use | The total period of time that an asset is used to fulfill a contract with a customer (including the sum of any non-consecutive periods of time) | Number | Coming Soon |
| BL_Termination Liability Restrictions_Clause | Termination Liabliity Restrictions Clause | Termination liability restriction clause will restrict the employer’s liability to terminate the employee’s employment | Long Text | Coming Soon |