Contracts and Client Contracts. 6.1 If we carry out a Transaction on your request or pursuant to Clause 24 below: (a) a corresponding Client Contract shall come into existence on the purchase or sale of a Contract or, as the case may be exercise and allocation of an option Contract in respect of which the underlying Asset is a futures Contract. The Client Contract will terminate when the Contract is closed out, settled or delivered; and (b) you will have the obligations in relation to the Transaction and the Client Contract that are mentioned in this Agreement and the Customer Documents.
Appears in 2 contracts
Sources: Customer Agreement (Morgan Stanley Dean Witter Spectrum Technical Lp), Customer Agreement (Morgan Stanley Tangible Asset Fund L P)