Common use of Advice Clause in Contracts

Advice. All advice communicated by Xxxxxx Xxxxxxx with respect to any Account opened by Customer hereunder is incidental to the conduct of Xxxxxx Xxxxxxx'x business as a futures commission merchant and such advice will not serve as the primary basis for any decision made by or on behalf of Customer in respect of the Account, regardless of whether Customer relies on the advice of Xxxxxx Xxxxxxx in making any such decision. Customer acknowledges that Xxxxxx Xxxxxxx and its managing directors, officers, employees and affiliates may take or hold positions in, or advise other customers concerning, Contracts that are the subject of advice from Xxxxxx Xxxxxxx to Customer. The positions and advice of Xxxxxx Xxxxxxx and its managing directors, officers, employees and affiliates may be inconsistent with or contrary to positions of, and the advice given by, Xxxxxx Xxxxxxx to Customer.

Appears in 21 contracts

Samples: Customer Agreement (Morgan Stanley Dean Witter Charter Millburn Lp), Customer Agreement (Morgan Stanley Dean Witter Charter Grahm Lp), Commodity Futures Customer Agreement (Witter Dean Cornerstone Fund Ii)

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Advice. All advice communicated by Xxxxxx Xxxxxxx with respect to any Account opened by Customer hereunder is incidental to the conduct of Xxxxxx Xxxxxxx'x business as a futures commission merchant and such advice will not serve as the primary basis for any decision made by or on behalf of Customer in respect of the Account, regardless of whether Customer relies on the advice of Xxxxxx Xxxxxxx in making any such decision. Customer acknowledges that Xxxxxx Xxxxxxx and its managing directors, officers, employees and affiliates may take or hold positions in, or advise other customers Customers concerning, Contracts contracts that are the subject of advice from Xxxxxx Xxxxxxx to Customer. The positions and advice of Xxxxxx Xxxxxxx and its managing directors, officers, employees and affiliates may be inconsistent with or contrary to positions of, and the advice given by, Xxxxxx Xxxxxxx to Customer.

Appears in 3 contracts

Samples: Commodity Futures Customer Agreement (Morgan Stanley Tangible Asset Fund L P), Commodity Futures Customer Agreement (Morgan Stanley Tangible Asset Fund L P), Commodity Futures Customer Agreement (Morgan Stanley Tangible Asset Fund L P)

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