Ontology Engineering Sample Clauses

Ontology Engineering. During a contract agreement a variety of explicit and implicit information is ex- changed between stakeholders. Explicit information include contracting clauses, signatures and relevant documentation. Implicit information usually includes communication and risk analysis that begins before a contract is drafted. Our challenge is the question: how to make implicit information explicit? To address this challenge, we perform a quick scan in the set of answers to the question: how can Data Science (DS) and AI help us? DS and AI present three available options related to (1) Machine Learning (ML), (2) Relational- Data Models (RDM) and (3) ontology engineering. The three options present different advantages and disadvantages to address our challenge. First, let us consider a Machine Learning approach. When can an unsuper- vised ML algorithm be applied to any available contract data? The main obsta- cle is that such data are hard, so it might be impossible, to identify, find or obtain relevant data [Zeleznikow, 2023]. Second, a Relational-Data Model can be devel- oped that handles various data sources and their connections. However, such a model may be limited for the application of AI [Xxxxxxxxx et al., 2012, Xxxxxx, 2018]. Third, ontology engineering is an option. Ontologies show how it is pos- sible to handle interconnected data sources with a great variety of data types, by creating semantic specifications (see further description in benefits Section below). (1) There is high conceptual complexity involved in making implicit data explicit. (2) We are facing multiple unknown information regarding the number and intercon- nected nature of data sources. 14See for example: . xxxxx://xxxxxxxxx.xxxxxxx.xxx/model-contracts/ Let us start with the benefits. Ontologies are able to support the structuring of data in a scientific manner [Xxxx et al., 2017]. The benefits of developing an ontology relate to interoperability, standardisation, conceptualisation, inferential reasoning and information retrieval. For a proper characterisation we would like to emphasise the difference be- tween an ontology and a relational database. The former can be seen to use ”spoken-language” driven by a dictionary for communication while the latter uses ”body-language” without a dictionary for communication. Moreover, an ontology is (1) extendable, (2) can support additional solutions and (3) may clarify limitations. An ontology is able to serve as the backbone of an explainable intelligent ...
Sample 1
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Related to Ontology Engineering

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Termination In the event that either Party seeks to terminate this DPA, they may do so by mutual written consent so long as the Service Agreement has lapsed or has been terminated. Either party may terminate this DPA and any service agreement or contract if the other party breaches any terms of this DPA.

  • General The Trustee shall keep proper books of record and account of all the transactions of each Trust under this Indenture at its corporate trust office, including a record of the name and address of, and the Units issued by each Trust and held by, every Unit holder, and such books and records of each Trust shall be open to inspection by any Unit holder of such Trust at all reasonable times during the usual business hours. The Trustee shall make such annual or other reports as may from time to time be required under any applicable state or federal statute or rule or regulations thereunder.

  • Definitions For purposes of this Agreement:

  • Indemnification Notwithstanding any contrary provision contained in this Agreement, any election hereunder or any termination of this Agreement, and whether or not this Agreement is otherwise carried out, the provisions of Section 5 shall not be in any way affected by such election or termination or failure to carry out the terms of this Agreement or any part hereof.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Entire Agreement This DPA and the Service Agreement constitute the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior communications, representations, or agreements, oral or written, by the Parties relating thereto. This DPA may be amended and the observance of any provision of this DPA may be waived (either generally or in any particular instance and either retroactively or prospectively) only with the signed written consent of both Parties. Neither failure nor delay on the part of any Party in exercising any right, power, or privilege hereunder shall operate as a waiver of such right, nor shall any single or partial exercise of any such right, power, or privilege preclude any further exercise thereof or the exercise of any other right, power, or privilege.

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