Article L211-36-1 of the French Monetary and Financial 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…