TCMI definition
Examples of TCMI in a sentence
This Agreement and the Related Agreements contain the entire agreement by and among the parties with respect to the subject matter hereof and all prior negotiations, writings and understandings relating to the subject matter of this Agreement, including the letter of intent dated October 9, 2007 between the Company and TCV VI and the Confidentiality Letter dated July 11, 2007 between the Company and TCMI, Inc.
This Agreement and the Related Agreements (as defined in the Purchase Agreement) contain the entire agreement by and among the parties with respect to the subject matter hereof and all prior negotiations, writings and understandings relating to the subject matter of this Agreement, including the letter of intent dated October 9, 2007 between the Company and TCV VI and the Confidentiality Letter dated July 11, 2007 between the Company and TCMI, Inc.
The projected operating income and expense budget of the CORPORATION for each fiscal year shall be prepared by the Chief Financial Officer of the TCMI at least sixty (60) days prior to the end of each preceding fiscal year.
TCMI, in consultation with CORPORATION, shall determine the content of all marketing materials prepared for the purpose of promoting or marketing the Product.
This Agreement shall terminate upon the earlier to occur of an Event of Termination or the expiration of the Term.
CORPORATION shall indemnify, defend, and hold TCMI and its directors, officers, employees, agents, and servants, free and harmless from and against any and all claims, demands, liabilities, losses, damages, costs and expenses, including reasonable attorneys' fees, resulting in any manner, directly or indirectly, from any negligent or willful act or omission of CORPORATION or of its officers or directors.
TCMI shall be solely responsible for the hiring, training, employing, setting and paying of compensation and benefits, as applicable, and supervising of all administrative, technical, and production personnel (hereinafter referred to as "TCMI Personnel"), if any, who are now or may hereafter be reasonably necessary to effectively and efficiently operate the Activity at the Facility.
CORPORATION agrees to give TCMI its banking account number and routing number necessary for TCMI to debit the amount payable to TCMI each month by CORPORATION under this Agreement.
TCMI shall provide modifications, enhancements and upgrades to existing hardware and/or software used in connection with the Activity and, to the extent necessary or appropriate, select and provide new hardware and/or software, on the basis as is common in the medical marijuana industry.
TCMI shall not participate in or have any control over the Joint Venture business nor shall it have any authority or right to act for or bind the Joint Venture.