CDP may at any time (without prejudice to its other rights or remedies) by notice in writing to the DA, terminate, suspend or withhold the DA's participation in DVP Settlement (such termination, suspension or withholding to take effect immediately upon issue of such notice unless otherwise specified in the notice) if:

(a) The DA or its Principal has committed any breach of these DVP Rules and where such breach is remediable, the DA or, as the case may be, its Principal has failed within seven (7) days of receipt of written notice from CDP to remedy the same;
(b) The DA or its Principal is insolvent or unable to pay its debts as they fall due, compounds with or negotiates for any composition with its creditors generally or permits any judgment against it to remain unsatisfied for seven (7) days;
(c) Any distress, attachment, execution or other legal process is levied or enforced or served against the DA or its property or its Principal or its property; and
(d) Any step is taken by the DA or any person for the liquidation or winding-up of the DA or for the appointment of a liquidator (including a provisional liquidator), receiver, judicial manager, trustee, administrator or similar officer of the DA or over any of its property or if CDP considers in its absolute discretion that such proceedings against the DA are imminent or likely