Common use of Investment Discretion Clause in Contracts

Investment Discretion. The parties recognize that DWR shall have no authority to direct the futures interests investments to be made for the Customer's account. However, the parties agree that DWR, and not the Trading Advisors, shall have the authority and responsibility with regard to the investment, maintenance, and management of the Customer's assets that are held in segregated or secured accounts, as provided in Section 7 hereof.

Appears in 31 contracts

Samples: Customer Agreement (Morgan Stanley Dean Witter Spectrum Select Lp), Customer Agreement (Morgan Stanley Dean Witter Charter Grahm Lp), Customer Agreement (DWFCM International Access Fund Lp)

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Investment Discretion. The parties recognize that DWR shall have no authority to direct the futures interests investments to be made for the Customer's account. However, the parties agree that DWR, and not the Trading AdvisorsAdvisor, shall have the authority and responsibility with regard to the investment, maintenance, and management of the Customer's assets that are held in segregated or secured accounts, as provided in Section 7 hereof.

Appears in 27 contracts

Samples: Customer Agreement (Morgan Stanley Dean Witter Charter Millburn Lp), Customer Agreement (Morgan Stanley Spectrum Commodity Lp), Customer Agreement (Morgan Stanley Dean Witter Charter Grahm Lp)

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