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 Currency Lp), Customer Agreement (Morgan Stanley Dean Witter Spectrum Technical Lp), Customer Agreement (Morgan Stanley Dean Witter Charter Grahm 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 (Dean Witter Portfolio Strategy Fund 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 commodity interests investments to be made for the Customer's account. However, the parties agree that DWR, and not the Trading AdvisorsManagers, 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 7 contracts

Samples: Customer Agreement (Witter Dean Cornerstone Fund Iv), Customer Agreement (Witter Dean Cornerstone Fund Ii), Customer Agreement (Witter Dean Cornerstone Fund Ii)

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