With the permission of the court, a bond-issuing company may be made to bear the cost of the remuneration to be paid to the bond administrator, assistant bond administrator, representative bondholders or resolution administrator, the costs necessary for handling the administration of the bond-issuing company, and the interest that accrues from and including the day of disbursement of the remuneration and costs, as well as amounts of compensation for losses suffered by those persons for handling the administration of the bond-issuing company in the absence of negligence, unless this is provided for in the contract with the bond-issuing company.
The petition for permission referred to in the preceding paragraph is made by the bond administrators, assistant bond administrators, representative bondholders or resolution administrator.
With respect to the remuneration, costs and interest as well as amounts of compensation in paragraph (1), the bond administrators, assistant bond administrators, representative bondholders or resolution administrator have the right to obtain reimbursement, before the bondholders, from the proceeds of payments received under Article 705, paragraph (1) (including cases where that paragraph is applied mutatis mutandis under Article 737, paragraph (2)) or Article 714-4, paragraph (2), item (i).
社債管理者、社債管理補助者、代表社債権者又は決議執行者は、第一項の報酬、費用及び利息並びに損害の賠償額に関し、第七百五条第一項(第七百三十七条第二項において準用する場合を含む。)又は第七百十四条の四第二項第一号の弁済を受けた額について、社債権者に先立って弁済を受ける権利を有する。
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(Bond Administrator's Power of Representation)
A manager has authority to do all judicial and non-judicial acts on behalf of bondholders that are necessary to receive payment of claims relating to the bonds or to preserve the realization of…
社債管理者は、社債権者のために社債に係る債権の弁済を受け、又は社債に係る債権の実現を保全するために必要な一切の裁判上又は裁判外の行為をする権限を有する。
Open this provision(Bond Administration Assistant's Power of Representation)
receive payment of claims relating to bonds;
社債に係る債権の弁済を受けること。
Open this provision(Execution of Resolutions at Bondholders Meetings)
The provisions under Article 705, paragraphs (1) through (3), and under Articles 708 and 709 apply mutatis mutandis to cases where a representative bondholder or person responsible for the execution…
第七百五条第一項から第三項まで、第七百八条及び第七百九条の規定は、代表社債権者又は前項ただし書の規定により定められた社債権者集会の決議を執行する者(以下この章において「決議執行者」という。)が社債権者集会の決議を執行する場合について準用する。
Open this provision(Remuneration for Bond Administrators)
With the permission of the court, a bond-issuing company may be made to bear the cost of the remuneration to be paid to the bond administrator, assistant bond administrator…
社債管理者、社債管理補助者、代表社債権者又は決議執行者に対して与えるべき報酬、その事務処理のために要する費用及びその支出の日以後における利息並びにその事務処理のために自己の過失なくして受けた損害の賠償額は、社債発行会社との契約に定めがある場合を除き、裁判所の許可を得て、社債発行会社の負担とすることができる。
Open this provisionbond-issuing company
「社債発行会社」
The company that issued the bonds in question.
Short name set inArticle 682, paragraph (1)· applies only in this part
resolution administrator
「決議執行者」
A person, other than the representative bondholder, designated by a resolution of a bondholders meeting to carry out that meeting's resolutions.
Short name set inArticle 737, paragraph (2)· applies only in this chapter