SGX Rulebooks
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CDP may, at any time (without prejudice to its other rights or remedies), by notice in writing to the Principal, terminate, suspend or withhold the Principal'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) CDP receives a Termination Notice from the Settlement Bank concerning the Principal pursuant to Rule 8.8.1;
(b) CDP issues a SB Default Notice to the Clearing Bank pursuant to Rule 11.1 concerning the Settlement Bank representing the Principal;
(c) CDP terminates, suspends or withholds the participation of the Settlement Bank representing the Principal pursuant to Rule 11.2 or 11.3;
(d) The Settlement Bank representing the Principal has failed to pay the Net-Net Debit Balance to CDP pursuant to Rule 8.3.4; or
(e) The Settlement Bank gives notice to CDP pursuant to Rule 11.6 that it desires to terminate its participation in DVP Settlement.

Amended on 8 September 20148 September 2014.