Remuneration for Bond Administrators Article 741 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, 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.
前項の許可の申立ては、社債管理者、代表社債権者又は決議執行者がする。
The petition for permission under the preceding paragraph is made by the 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, 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)).
