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Suggested by Completed 

Unhandled Exception: System.ServiceModel.FaultException`1[[Microsoft.Xrm.Sdk.OrganizationServiceFault, Microsoft.Xrm.Sdk, Version=5.0.0.0, Culture=neutral, PublicKeyToken=31bf3856ad364e35]]: A Formula Description must be specified.Detail: -2147220891 OperationStatus 0 A Formula Description must be specified. 2012-12-27T10:21:24.0042519Z [North52.FormulaManager: North52.FormulaManager.Plugins.FormulaN52.PreCreate] [51ea6e1f-3fa8-e111-9c81-00155df5b00d: North52.FormulaManager.Plugins.FormulaN52.PreCreate: Create of north52_formula]