Common use of Designated Offices Clause in Contracts

Designated Offices. Each of the following shall be a Designated Office: Party A: New York Party A is not a multibranch party. Party B: New York Party B is not a multibranch party. Each Party (the "first Party") that enters into an FX Transaction or Option through an agency, branch, or office other than its head or home office represents to the other Party (the "second Party") that, notwithstanding the place of booking office or jurisdiction of incorporation or organization of the first Party, the obligations of the first Party are the same as if it had entered into the FX Transaction or Option through its head or home office. This representation will be deemed to be repeated by the first Party on each date on which it enters into an FX Transaction or Option.

Appears in 24 contracts

Samples: Foreign Exchange and Options Master Agreement (DWFCM International Access Fund Lp), Customer Agreement (Morgan Stanley Dean Witter Charter Millburn Lp), Customer Agreement (Morgan Stanley Dean Witter Spectrum Select Lp)

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