Can be paired with your own extractors?

Yes

Is paired with pre-trained extractors?

Yes

Normalised?

Yes

Which pre-trained models use this analyser?
  • Commercial Agreements – Liability Cap; Price Clause
  • Facility Agreements – Administrative Fee; Assignment Fee; De minimis; Minimum Amount; Total Commitment Definition
  • Leases – Initial Rent - amount only
  • SPA – Consideration/Purchase Price - amount only

Currency Analyser overview

In the following examples, we demonstrate using blue highlights what the analyser will find.

EXAMPLE

COMMENTARY

Rent means SIXTY EIGHT THOUSAND FIVE HUNDRED POUNDS (£68,500)

Finds:

  • the textual expression of the currency amount and
  • the numerical expression of currency amount including the currency symbol

Normalises to:

  • 68500 £

Total Commitments means the aggregate of the Total Facility A Commitments, the Total Facility B Commitments and the Total Facility C Commitments, being $ 5,600,000,000 as at the date of this Agreement.

Finds:

  • the currency, a combination of textual expression of currency with the currency symbol and
  • the numerical expression of currency amount

Normalises to:

  • 5600000000 $

expenses) for Losses arising out of or relating to a breach of Soylent’s obligations under this Agreement or applicable Law (including, but not limited to, Section 6 and Section 9, Exhibit B, Exhibit C, or other confidentiality, privacy and/or data security obligations) that result in unauthorized access to, use or disclosure of Customer Data (including Personal Data) entered or uploaded to the Cloud Services shall not exceed $2,750,000 USD.

Finds:

  • the numerical expression of currency amount along with the currency symbol and
  • the currency abbreviation

Normalises to:

  • 2750000 $

agreement, Wonka’s total aggregate liability (including costs and expenses) for Losses arising out of or relating to a breach of Bubba Gump’s obligations under this Agreement or applicable Law (including, but not limited to, Section 6, Section 9, Exhibit B, Exhibit C, or other confidentiality, privacy and/or data security obligations) that result in unauthorized access to, use or disclosure of Customer Data (including Personal Data) shall not exceed GBP 8 million.

Finds:

  • the currency abbreviation and
  • the currency amount, a combination of numerical and textual expression

Normalises to:

  •  8000000 GBP

11.4 Notwithstanding anything to the contrary in this Agreement, Duff Beer’s total aggregate liability (including costs and expenses and whether in contract, tort (including for negligence and breach of statutory duty howsoever arising), misrepresentation (whether innocent or negligent), restitution or otherwise) for Losses suffered as a result of any accidental or unlawful destruction, loss, alteration, unauthorized access to, use or disclosure of Customer Data (including Customer Personal Data), Professional Service Data and/or Support Data shall be limited to an amount equal to £10,000,000 (ten million pounds).

Finds:

  • the numerical expression of the currency amount with the currency symbol and
  • the textual expression of the currency amount

Normalises to:

  • 10000000 GBP

Known Limitations

EXAMPLE

COMMENTARY

‘Rent* means Eleven Thousand Seven Hundred and Thirty Pounds (£11,730.00) per annum exclusive of VAT.

Does not capture whether the amount is inclusive or exclusive of any additional taxes (“exclusive of VAT”) which is applicable to respective countries and also not recognise the fact that the amount is applicable for which period (“per annum”).

Notwithstanding anything to the contrary in this Agreement, Good Burger’s total aggregate liability (including costs and expenses) for Losses arising out of or relating to a breach of Good Burger’s obligations under this Agreement (including, but not limited to, Section 6 and Section 9, Exhibit B, Exhibit C, or other confidentiality, privacy and/or data security obligations) that result in unauthorized access to, use or disclosure of Customer Data (including Personal Data) entered or uploaded to the Cloud Services shall not exceed AUD$1,000,000.

Does not capture words that limit or qualify the amount – e.g. “shall not exceed”, or “no greater than”.

Rent means SIXTY EIGHT THOUSAND FIVE HUNDRED POUNDS (£68,500)

Does not recognise the fact that the currency amount expressed in words is the same as the currency amount in brackets expressed in numbers. The analyser will extract both.