Investment Discretion. The parties recognize that CFI shall have no authority to direct the futures interests investments to be made for the Customer's account, but shall execute only such orders for the Customer's account as DWR, Demeter or the Trading Advisor may direct from time to time. However, the parties agree that CFI, and not the Trading Advisor, 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 9 contracts
Samples: Customer Agreement (Witter Dean Diversified Futures Fund Iii L P), Customer Agreement (Columbia Futures Fund), Customer Agreement (Witter Dean Diversified Futures Fund Ii L P)
Investment Discretion. The parties recognize that CFI shall have no authority to direct the futures interests investments to be made for the Customer's account, but shall execute only such orders for the Customer's account as DWR, Demeter or the Trading Advisor Advisors may direct from time to time. However, the parties agree that CFI, and not the Trading AdvisorAdvisors, 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 8 hereof.
Appears in 8 contracts
Samples: Customer Agreement (Witter Dean Spectrum Technical Lp), Customer Agreement (Witter Dean Spectrum Strategic Lp), Customer Agreement (Morgan Stanley Dean Witter Spectrum Currency Lp)
Investment Discretion. The parties recognize that CFI shall have no authority to direct the futures interests investments to be made for the Customer's account, but shall execute only such orders for the Customer's account as DWR, Demeter or the Trading Advisor may direct from time to time. However, the parties agree that CFI, and not the Trading Advisor, 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 8 hereof.
Appears in 4 contracts
Samples: Customer Agreement (Morgan Stanley Dean Witter Charter Millburn Lp), Customer Agreement (Morgan Stanley Dean Witter Charter Millburn Lp), Customer Agreement (Morgan Stanley Dean Witter Charter Grahm Lp)
Investment Discretion. The parties recognize that CFI shall have no authority to direct the futures commodity interests investments to be made for the Customer's account, but shall execute only such orders for the Customer's account as DWR, Demeter or the Trading Advisor Managers may direct from time to time. However, the parties agree that CFI, and not the Trading AdvisorManagers, 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 8 hereof.
Appears in 4 contracts
Samples: Customer Agreement (Witter Dean Cornerstone Fund Iv), Customer Agreement (Witter Dean Cornerstone Fund Ii), Customer Agreement (Witter Dean Cornerstone Fund Iii)
Investment Discretion. The parties recognize that CFI shall have no authority to direct the futures interests investments to be made for the Customer's account, but shall execute only such orders for the Customer's account as DWR, Demeter or the Trading Advisor Advisors may direct from time to time. However, the parties agree that CFI, and not the Trading AdvisorAdvisors, 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 2 contracts
Samples: Customer Agreement (Witter Dean World Currency Fund L P), Customer Agreement (Dean Witter Global Perspective Portfolio L P)
