DVP Rules [Entire Rulebook has been deleted]
Rule 8 — The Settlement Bank
8.7 Default of Principal in Payment of the Net Debit Balance
Upon any default of the Principal in payment of the Net Debit Balance, the Settlement Bank shall inform CDP by a written notice (the "Default Notice"). The Default Notice shall be delivered to CDP as soon as possible upon, and in no event later than one hour after the occurrence of the default. The Default Notice shall specify the name of the defaulting Principal and the amount of the default.