Set attribute in a Facility Agreement - Online Editor

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How to set attribute in the Facility Agreement

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[Music] hi guys welcome to the microsoft erb business tutorial episode number 10. in the previous episode we did discuss about the category hierarchy and category hierarchy role associations and in this episode we will be focusing on the attribute types and attributes and attributes groups what are the users what are they so with that note lets get started [Music] so in the microsoft 365 every product master or every item master or product or product master do have a predefined sets of fields and most of these fields are generic because the erp is a generic product suitable for the majority of the industry so they all have generic sets of field within the product for example if i get into this product i will have a few sets of field which are very much generic to most of the industry suitable for most of the industries like color and all those things but we may need certain fields which needs to be specific to a ah a division or specific to a set of industry example adc motor being an

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What is an example of the right of set off?

What is the Right of Setoff? The right of setoff is a legal right by a debtor to reduce the amount owed to a creditor by offsetting against it any amounts owed by the creditor to the debtor. For example, a bank can seize the amount in a customers bank account to offset the amount of an unpaid loan.

What is an example of a right of setoff clause?

Notwithstanding anything to the contrary in this License Agreement, each Party has the right at all times to retain and set off against all amounts due and owing to the other Party as determined in a final judgment any damages recovered by such Party for any Losses incurred by such Party.

What is the right of offset?

In law, set-off is a legal technique where any creditor can net monies owing between the two same parties. In banking, the right of offset (or right of set-off as its sometimes called) gives institutions the power to take money from your bank account to offset against any debt you owe to them.

What does right to set-off mean?

Setoff is an equitable right of a creditor to deduct a debt it owes to the debtor from a claim it has against the debtor arising out of a separate transaction.

What is the purpose of a facility agreement?

A credit facility agreement refers to an agreement or letter in which a lender, usually a bank or other financial institution, sets out the terms and conditions under which it is prepared to make a loan facility available to a borrower. It is sometimes called a loan facility agreement or a facility letter.

What is an example of a set-off clause in a contract?

Example: Party A may set off any amounts due and owing by Party B against any amounts due and owing by Party A under this agreement.

What are the undertakings in a facility agreement?

An overview of covenants (also known as undertakings) found in a facility agreement (also called a loan agreement). It includes information about the purpose of covenants and gives examples of commonly used financial, information and operational covenants.

What is the purpose clause of a facility agreement?

The Facilities available under this Agreement shall be used by the Borrower for the purpose of working capital of the Borrower or any other purpose in the normal course of business, including the repayment of outstanding indebtedness.

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