Code description for \tl_if_empty:VTF

Question

Is the following code description correct ?

%% Test for empty Token List \feuds_teorema_parent_tl.
%% VTF are Type Specifers for the arguments to the function.
%% V  Indicates that first argument is a variable (a Token List
%%    Variable in this case). The variable is specified by its name
%%    without the backslash.
%% T  Indicates the code block to execute when test is true,
%%    when Token List Variable is empty.
%% F  Indicates the code block to execute when test is false,
%%    when Token List Variable is not empty.
\tl_if_empty:VTF \feuds_teorema_parent_tl
    %% IF CONDITION - Empty Parent, No Parent Counter
    {
      \tl_if_empty:VTF \feuds_teorema_shared_tl
          %% IF CONDITION Empty Code Block
          {
            \feuds_newteora_simple:VV
            \feuds_teorema_name_tl
            \feuds_teorema_label_tl
          }
        %% ELSE CONDITION
        {
          %% Shared Counter
          \feuds_newteorema_shared:VVV
          \feuds_teorema_name_tl
          \feuds_teorema_label_tl
          \feuds_teorema_shared_tl
        }
    }
%% ELSE CONDITION Non-Empty Parent
  {
    %% Parent Counter
    \feuds_newteorema_parent:VVV
    \feuds_teorema_name_tl
    \feuds_teorema_label_tl
    \feuds_teorema_parent_tl
  }