Paragraph 1: Set-off and assignment of claims

I. – The provisions of this paragraph apply to 1° To financial obligations arising from transactions in financial instruments or in units mentioned in article L. 229-7 of the Environment Code, spot foreign exchange transactions or transactions for the sale, purchase or delivery of gold, silver, platinum, palladium or other precious metals or to goods represented by a storage receipt mentioned in article L. 522-37-1 of the French Commercial Code,…

I. – The agreements relating to the financial obligations mentioned in article L. 211-36 may be terminated, and the debts and receivables relating thereto may be set off between all the parties. The parties may provide for the establishment of a single balance, whether these financial obligations are governed by one or more agreements or framework agreements. II. – The procedures for terminating, assessing and offsetting the transactions and obligations…

The assignment of receivables relating to the financial obligations referred to in article L. 211-36 may be relied on as against third parties upon notification of the assignment to the debtor. The assignment of contracts relating to the financial obligations referred to in article L. 211-36 may be relied on as against third parties by virtue of the written agreement of the parties.