"Every pound: 7% Covenant first, then 50/50 split. Sealed waterfall. No exceptions."
When a dPRN clears, the gross is split by Protocol 054. The 7% Universal Covenant is deducted at source and routed to the Children's Trust + Sovereign Home + Mothers House. The remaining 93% is split 50/50 between the operating entity and the partner. No invoice is paid before the waterfall fires.
Sealed: 15 April 2024·Owner: Finance Ltd · CFO·Weight: Constitutional · Dark
7%
Covenant first
50/50
Then split
T+2
Settlement
Signature Diagram · FLOW
📝 Real Example · Numbers · Names
In the field
On 06 April 2026, dPRN tranche cleared for £5,544. Waterfall: £388 (7%) to Covenant trusts → £2,578 (50%) to Midland Polymer Trading Ltd → £2,578 (50%) to verified processor partner. Settlement T+2 banking days. Truth Ledger entries TLE-2026-04-06-007/008/009.
▸ Triggers · When This Fires
dPRN clearance event
CVCaaS subscription invoice paid
White-label royalty received
⚠ Consequence · If Broken
Skipping the Covenant means breaking the social contract. The mission collapses. Skipping the 50/50 means partners walk. The model collapses. This is constitutional — nobody overrides it, not even the Sovereign.
When a dPRN clears, the gross is split by Protocol 054. The 7% Universal Covenant is deducted at source and routed to the Children's Trust + Sovereign Home + Mothers House. The remaining 93% is split 50/50 between the operating entity and the partner. No invoice is paid before th…