Common use of Customer Acknowledgements Clause in Contracts

Customer Acknowledgements. (i) CUSTOMER HEREBY ACKNOWLEDGES THAT IT HAS RECEIVED AND UNDERSTANDS THE FOLLOWING DISCLOSURE STATEMENT PRESCRIBED BY THE CFTC AND FURNISHED HEREWITH (PLEASE INITIAL): [_] RISK DISCLOSURE STATEMENT FOR FUTURES OPTIONS (Appendix A to CFTC Rule 1.55(c) transcribed in full on pages 1-3 of Booklet 2 -- Risk Disclosure Statements) (ii) IF CUSTOMER HAS INDICATED ON THE COMMODITY FUTURES ACCOUNT APPLICATION THAT ORDERS PLACED FOR THE ACCOUNT REPRESENT BONA FIDE HEDGING TRANSACTIONS, PLEASE COMPLETE THE FOLLOWING. You should note that CFTC Regulation ss.190.06 permits you to specify whether, in the unlikely event of Morgan Stanley's bankruptcy, you prefer the bankruptcy trustee to ▇▇▇▇▇▇▇▇▇ ▇ll positions in the Account. Accordingly, Customer hereby elects as follows: (PLEASE INITIAL): [_] LIQUIDATE [_] NOT LIQUIDATE IF NEITHER ALTERNATIVE IS INITIALED, CUSTOMER WILL BE DEEMED TO HAVE ELECTED TO HAVE ALL POSITIONS LIQUIDATED. THIS ELECTION MAY BE CHANGED AT ANY TIME BY WRITTEN NOTICE.

Customer Acknowledgements. (i) CUSTOMER HEREBY ACKNOWLEDGES THAT IT HAS RECEIVED AND UNDERSTANDS THE FOLLOWING DISCLOSURE STATEMENT PRESCRIBED BY THE CFTC AND FURNISHED HEREWITH (PLEASE INITIAL): [_] |x| RISK DISCLOSURE STATEMENT FOR FUTURES OPTIONS (Appendix A to CFTC Rule 1.55(c) transcribed in full on pages 1-3 of Booklet 2 -- Risk Disclosure Statements) (ii) IF CUSTOMER HAS INDICATED ON THE COMMODITY FUTURES ACCOUNT APPLICATION THAT ORDERS PLACED FOR THE ACCOUNT REPRESENT BONA FIDE HEDGING TRANSACTIONS, PLEASE COMPLETE THE FOLLOWING. You should note that CFTC Regulation ss.190.06 permits you to specify whether, in the unlikely event of Morgan Stanley's ▇▇▇▇▇▇ ▇▇▇▇▇▇▇'▇ bankruptcy, you prefer the bankruptcy trustee to ▇▇▇▇▇▇▇▇▇ ▇ll liquidate all positions in the Account. Accordingly, Customer hereby elects as follows: (PLEASE INITIAL): [_] |_| LIQUIDATE [_] |_| NOT LIQUIDATE IF NEITHER ALTERNATIVE IS INITIALED, CUSTOMER WILL BE DEEMED TO HAVE ELECTED TO HAVE ALL POSITIONS LIQUIDATED. THIS ELECTION MAY BE CHANGED AT ANY TIME BY WRITTEN NOTICE.

Customer Acknowledgements. (i) CUSTOMER HEREBY ACKNOWLEDGES THAT IT HAS RECEIVED AND UNDERSTANDS THE FOLLOWING DISCLOSURE STATEMENT PRESCRIBED BY THE CFTC AND FURNISHED HEREWITH (PLEASE INITIAL): [_] |X| RISK DISCLOSURE STATEMENT FOR FUTURES OPTIONS (Appendix A to CFTC Rule 1.55(c) transcribed in full on pages 1-3 of Booklet 2 -- Risk Disclosure Statements) (ii) IF CUSTOMER HAS INDICATED ON THE COMMODITY FUTURES ACCOUNT APPLICATION THAT ORDERS PLACED FOR THE ACCOUNT REPRESENT BONA FIDE HEDGING TRANSACTIONS, PLEASE COMPLETE THE FOLLOWING. You should note that CFTC Regulation ss.190.06 Section.190.06 permits you to specify whether, in the unlikely event of Morgan Stanley's ▇▇▇▇▇▇ ▇▇▇▇▇▇▇'▇ bankruptcy, you prefer the bankruptcy trustee to ▇▇▇▇▇▇▇▇▇ ▇ll liquidate all positions in the Account. Accordingly, Customer hereby elects as follows: (PLEASE INITIAL): [_] |_| LIQUIDATE [_] |_| NOT LIQUIDATE IF NEITHER ALTERNATIVE IS INITIALED, CUSTOMER WILL BE DEEMED TO HAVE ELECTED TO HAVE ALL POSITIONS LIQUIDATED. THIS ELECTION MAY BE CHANGED AT ANY TIME BY WRITTEN NOTICE.

Customer Acknowledgements. (i) CUSTOMER HEREBY ACKNOWLEDGES THAT IT HAS RECEIVED AND UNDERSTANDS THE FOLLOWING DISCLOSURE STATEMENT PRESCRIBED BY THE CFTC AND FURNISHED HEREWITH (PLEASE INITIAL): [_] |x| RISK DISCLOSURE STATEMENT FOR FUTURES OPTIONS (Appendix A to CFTC Rule 1.55(c) transcribed in full on pages 1-3 of Booklet 2 -- Risk Disclosure Statements) (ii) IF CUSTOMER HAS INDICATED ON THE COMMODITY FUTURES ACCOUNT APPLICATION THAT ORDERS PLACED FOR THE ACCOUNT REPRESENT BONA FIDE HEDGING TRANSACTIONSIf Customer has indicated on the Commodity Futures Account Application that orders placed for the Account represent bona fide hedging transactions, PLEASE COMPLETE THE FOLLOWINGplease complete the following. You should note that CFTC Regulation ss.190.06 permits you to specify whether, in the unlikely event of Morgan Stanley's bankruptcy, you prefer the bankruptcy trustee to bank▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇ll o liquidate all positions in the Account. Accordingly, Customer hereby elects as follows: (PLEASE INITIALplease initial): [_] |_| LIQUIDATE [_] |_| NOT LIQUIDATE IF NEITHER ALTERNATIVE IS INITIALED, CUSTOMER WILL BE DEEMED TO HAVE ELECTED TO HAVE ALL POSITIONS LIQUIDATED. THIS ELECTION MAY BE CHANGED AT ANY TIME BY WRITTEN NOTICE.

Customer Acknowledgements. (i) CUSTOMER HEREBY ACKNOWLEDGES THAT IT HAS RECEIVED AND UNDERSTANDS THE FOLLOWING DISCLOSURE STATEMENT PRESCRIBED BY THE CFTC AND FURNISHED HEREWITH (PLEASE INITIAL): [_] |X| RISK DISCLOSURE STATEMENT FOR FUTURES OPTIONS (Appendix A to CFTC Rule 1.55(c) transcribed in full on pages 1-3 of Booklet 2 -- Risk Disclosure Statements) (ii) IF CUSTOMER HAS INDICATED ON THE COMMODITY FUTURES ACCOUNT APPLICATION THAT ORDERS PLACED FOR THE ACCOUNT REPRESENT BONA FIDE HEDGING TRANSACTIONS, PLEASE COMPLETE THE FOLLOWING. You should note that CFTC Regulation ss.190.06 Section 190.06 permits you to specify whether, in the unlikely event of Morgan Stanley's ▇▇▇▇▇▇ ▇▇▇▇▇▇▇'▇ bankruptcy, you prefer the bankruptcy trustee to ▇▇▇▇▇▇▇▇▇ ▇ll liquidate all positions in the Account. Accordingly, Customer hereby elects as follows: (PLEASE INITIAL): [_] |_| LIQUIDATE [_] |_| NOT LIQUIDATE IF NEITHER ALTERNATIVE IS INITIALED, CUSTOMER WILL BE DEEMED TO HAVE ELECTED TO HAVE ALL POSITIONS LIQUIDATED. THIS ELECTION MAY BE CHANGED AT ANY TIME BY WRITTEN NOTICE.

Customer Acknowledgements. (i) CUSTOMER HEREBY ACKNOWLEDGES THAT IT HAS RECEIVED AND UNDERSTANDS THE FOLLOWING DISCLOSURE STATEMENT PRESCRIBED BY THE CFTC AND FURNISHED HEREWITH (PLEASE INITIAL): [_] |X| RISK DISCLOSURE STATEMENT FOR FUTURES OPTIONS (Appendix A to CFTC Rule 1.55(c) transcribed in full on pages 1-3 of Booklet 2 -- Risk Disclosure Statements) (ii) IF CUSTOMER HAS INDICATED ON THE COMMODITY FUTURES ACCOUNT APPLICATION THAT ORDERS PLACED FOR THE ACCOUNT REPRESENT BONA FIDE HEDGING TRANSACTIONS, PLEASE COMPLETE THE FOLLOWING. You should note that CFTC Regulation ss.190.06 permits you to specify whether, in the unlikely event of Morgan Stanley's ▇▇▇▇▇▇ ▇▇▇▇▇▇▇'▇ bankruptcy, you prefer the bankruptcy trustee to ▇▇▇▇▇▇▇▇▇ ▇ll liquidate all positions in the Account. Accordingly, Customer hereby elects as follows: (PLEASE INITIAL): [_] |_| LIQUIDATE [_] |_| NOT LIQUIDATE IF NEITHER ALTERNATIVE IS INITIALED, CUSTOMER WILL BE DEEMED TO HAVE ELECTED TO HAVE ALL POSITIONS LIQUIDATED. THIS ELECTION MAY BE CHANGED AT ANY TIME BY WRITTEN NOTICE.

Customer Acknowledgements. (i) CUSTOMER HEREBY ACKNOWLEDGES THAT IT HAS RECEIVED AND UNDERSTANDS THE FOLLOWING DISCLOSURE STATEMENT PRESCRIBED BY THE CFTC AND FURNISHED HEREWITH (PLEASE INITIAL): [_] /X/ RISK DISCLOSURE STATEMENT FOR FUTURES OPTIONS (Appendix A to CFTC Rule 1.55(c) transcribed in full on pages 1-3 of Booklet 2 -- Risk Disclosure Statements) (ii) IF CUSTOMER HAS INDICATED ON THE COMMODITY FUTURES ACCOUNT APPLICATION THAT ORDERS PLACED FOR THE ACCOUNT REPRESENT BONA FIDE HEDGING TRANSACTIONS, PLEASE COMPLETE THE FOLLOWING. You should note that CFTC Regulation ss.190.06 permits you to specify whether, in the unlikely event of Morgan Stanley's ▇▇▇▇▇▇ ▇▇▇▇▇▇▇'▇ bankruptcy, you prefer the bankruptcy trustee to ▇▇▇▇▇▇▇▇▇ ▇ll liquidate all positions in the Account. Accordingly, Customer hereby elects as follows: (PLEASE INITIAL): [_] / / LIQUIDATE [_] / / NOT LIQUIDATE IF NEITHER ALTERNATIVE IS INITIALED, CUSTOMER WILL BE DEEMED TO HAVE ELECTED TO HAVE ALL POSITIONS LIQUIDATED. THIS ELECTION MAY BE CHANGED AT ANY TIME BY WRITTEN NOTICE.