Company Act Article 246-1

When a company issues corporate bonds, the company may covenant that the preferential order of the corporate bonds to receive indemnification shall be lower than that of other claims of the company.
中文原文 公司法第246-1條
公司於發行公司債時,得約定其受償順序次於公司其他債權。

English translation for reference only; the Chinese text prevails. Not legal advice.