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Article 137Acceleration

第百三十七条(期限の利益の喪失)

The obligor may not assert the benefit of time stipulation if:

次に掲げる場合には、債務者は、期限の利益を主張することができない。

the obligor has become subject to the order commencing bankruptcy proceedings;

債務者が破産手続開始の決定を受けたとき。

the obligor has lost, damaged, or diminished the security; or

債務者が担保を滅失させ、損傷させ、又は減少させたとき。

the obligor fails to provide security when it has the obligation to do so.

債務者が担保を供する義務を負う場合において、これを供しないとき。

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