Subsection 2: Assignment of receivables, leases and mortgages

The remuneration due by the buyer may be assigned in accordance with the provisions of articles L. 313-29-1 et seq. of the French Monetary and Financial Code.

Leasing contracts may be used to finance investments. In this case, the contract must include clauses to protect the requirements of the public service.

Works over which the holder has rights in rem or of which it is the owner may only be mortgaged with a view to guaranteeing loans taken out to finance the performance of its obligations under the partnership contract.The contract constituting the mortgage must, on pain of nullity, be approved by the purchaser and, where applicable, by the person owning the estate.Only mortgage creditors may exercise precautionary measures or enforcement…