Open Ontologies

ONTOLOGY EXPLORER

is netting automatic

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<https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Contracts/isNettingAutomatic>

プロパティと値

プロパティ値
typeDatatypeProperty
domainNettingProvision
label"is netting automatic"@en
rangeboolean
definition"indicates whether netting takes place automatically under the scope of the agreement"@en
example"Example text: \"If on any date amounts would otherwise be payable:- (i) in the same currency; and (ii) in respect of the same Transaction, by each party to the other, then, on such date, each party's obligation to make payment of any such amount will be automatically satisfied and discharged and, if the aggregate amount that would otherwise have been payable by one party exceeds the aggregate amount that would otherwise have been payable by the other party, replaced by an obligation upon the party by whom the larger aggregate amount would have been payable to pay to the other party the excess of the larger aggregate amount over the smaller aggregate amount.\""@en

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