TML definition
Examples of TML in a sentence
TML represents and warrants that it has on the date hereof and will have at all times from the date hereof through the Effective Time the financial capacity to pay and perform its obligations hereunder, including assets with a value sufficient to pay all amounts payable by THL and Parent hereunder.
The guarantee by TML hereunder is a guarantee of payment, performance and compliance when due, and is not conditional or contingent upon any event, contingency or circumstance except as may be set forth in this Agreement.
TML hereby unconditionally and irrevocably guarantees to the Company the due and punctual performance and payment of all obligations and liabilities of THL and Parent under this Agreement without offset or deduction.
Therefore, following this agreement’s execution, TML shall be paid the full amount detailed in this agreement, regardless of the Affiliate’s decision to undertake or not undertake all the activities included in this Agreement.
Notwithstanding any other provision in this Agreement, TML reserves sole authority to decide whether it is appropriate for a TML employee to attend any Affiliate function of any type.