added these pointers:
An interpretation of the s-rule for D-brane intersections with NS5-branes (Dp-D(p+2) brane intersections and Dp-D(p+4) brane intersections) as a version of the Pauli exclusion principle is discussed in:
Constantin Bachas, Michael Green, Adam Schwimmer, Section 2.3 of: Quantum mechanics and symmetry enhancement in type I’ superstrings, JHEP 9801 :006, 1998 (arXiv:hep-th/9712086)
Constantin Bachas, Michael Green, A Classical Manifestation of the Pauli Exclusion Principle, JHEP 9801 (1998) 015 (arXiv:hep-th/9712187)