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Folder metadata and Virtual Folder metadata

Folder metadata is often used to provide a metadata set to all of the Components in a Folder and for events that are triggered by Components in a Folder.

For example, an automatic publishing event creates and publishes Pages. Folder metadata can specify which Page Template, Component Template, and target to use when publishing. While it is possible to hard-code this information in an event, it may be more useful to retrieve this information from Folder metadata and reuse the event in different Folders.