Article 7 - Excluded Arrangements

These Regulations do not apply to:

(A) liens, charges or other interests arising under any other Regulations or by operation of QFC Law;
(B) rights of set-off;
(C) the assignment of a right to payment under a contract to a Person who is obliged to perform or procure the performance of all or part of the transferor's obligations;
(D) the assignment of Accounts or Promissory Notes solely to facilitate collection on behalf of the Person making the assignment;
(E) the assignment of a single Account or Promissory Note to an assignee in full or partial satisfaction of a pre-existing indebtedness;
(F) the sale of Accounts or Promissory Notes; or
(G) securities and commodities repurchase arrangements.