Appointment of Representative Bondholders Article 736 By a resolution at a bondholders meeting, one or more representative bondholders from among bondholders who hold Bonds representing not less than one thousandth (1/1000) of the total amount of Bonds of the relevant Class (excluding amounts already redeemed) may be appointed, and decisions on the matters on which resolutions are to be passed at bondholders meetings may be entrusted to such representative bondholders.
第七百十八条第二項の規定は、前項に規定する社債の総額について準用する。
The provisions of Article 718, paragraph (2) apply mutatis mutandis to the total amount of the Bonds provided for in the preceding paragraph.
In cases where there are two or more representative bondholders, unless otherwise provided for at a bondholders meeting, the decisions on the matters provided for in paragraph (1) are made by a majority of those representative bondholders.