Common use of ORIGINAL AND VARIATION MARGIN; PREMIUMS; OTHER CONTRACT OBLIGATIONS Clause in Contracts

ORIGINAL AND VARIATION MARGIN; PREMIUMS; OTHER CONTRACT OBLIGATIONS. Customer shall make, or cause to be made, all applicable original margin, intra-day margin and premium payments, and perform all other obligations attendant to transactions or positions in such Contracts, as may be required by Applicable Law or by Xxxxxx Xxxxxxx. Requests for margin deposits and/or premium payments may, at Xxxxxx Xxxxxxx'x election, be communicated to Customer orally, telephonically or in writing. Customer margin deposits and/or premium payments shall be made by wire transfer to Xxxxxx Xxxxxxx'x Customer Segregated Account and shall be in U.S. dollars unless Xxxxxx Xxxxxxx and the Customer specifically agree otherwise. All Contracts for the Account shall be margined at the applicable exchange or clearing house minimum rates for speculative accounts.

Appears in 4 contracts

Samples: Commodity Futures Customer Agreement (Morgan Stanley Dean Witter Spectrum Select Lp), Commodity Futures Customer Agreement (Morgan Stanley Dean Witter Spectrum Currency Lp), Commodity Futures Customer Agreement (Dean Witter Spectrum Global Balanced Lp)

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