How to get rid of 'move texture space' in transform ?

Hi
I made the mistake of activating the function ‘move texture space’ in object-> transform
Now there is a box floating around and doind nothing as I can experience. What is the use of that function and how do I get rid of it, cancel it or whatever…
Thanks

You can move (shift+t) and scale (shift+alt+t) generated texture mapping in the viewport.
Here are the settings. Right one to actually hide it.
[ATTACH=CONFIG]210293[/ATTACH]
(Screenshot by Olson)

Great! thank you it worked. what is the use of texture space?