Cauchy-Lipschitz theorem with multi-variables

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If we have the initial value problem $$y’(t)=f(t,y(t))$$ $$y(t_0)=y_0$$ Then if $f$ is Lipschitz continuous with respect to the second variable, then the IVP has a unique solution

Does Cauchy Lipschitz theorem holds if $$y(t)=(y_1(t),...,y_m(t))$$ ?