Fundamental definition

Fundamental means “[s]erving as the base or foundation” and “primary, original; from which others are derived.”27 A “requirement” is “[s]omething called for or demanded.”28 Thus, the “fundamental requirement” that measures for which exemption from reduction commitments under Article 6 is claimed must have “no, or at most minimal, trade-distorting effects or effects on production” is “something called for or demanded” “from which others are derived.”
Fundamental means a duty that is a basic task or function and may be low frequency, but is an essential component of a job.¶

Examples of Fundamental in a sentence

  • If holders of Common Stock are given any choice as to the securities, cash or property to be received in a Fundamental Transaction, then the Holder shall be given the same choice as to the Alternate Consideration it receives upon any exercise of this Warrant following such Fundamental Transaction.

  • For purposes of any such exercise, the determination of the Exercise Price shall be appropriately adjusted to apply to such Alternate Consideration based on the amount of Alternate Consideration issuable in respect of one share of Common Stock in such Fundamental Transaction, and the Company shall apportion the Exercise Price among the Alternate Consideration in a reasonable manner reflecting the relative value of any different components of the Alternate Consideration.

  • Fundamental Company Report Including Financial, SWOT, Competitors and Industry An...

  • The payment of the Black Scholes Value will be made by wire transfer of immediately available funds (or such other consideration) within the later of (i) five Business Days of the Holder’s election and (ii) the date of consummation of the Fundamental Transaction.

  • If holders of Common Stock are given any choice as to the securities, cash or property to be received in a Fundamental Transaction, then the Holder shall be given the same choice as to the Alternate Consideration it receives upon any conversion of this Note following such Fundamental Transaction.


More Definitions of Fundamental

Fundamental means asking the basic questions, “Why do we do what we do? And why do we do it the way we do?”4 Hammer and Champy suggest that the answers to these questions force people to look at rules and assumptions that are foundational to the way business is conducted. Many times however, these rules are, “obsolete, erroneous or inappropriate.”5 The example given is that of a business wanting to perform credit checks more efficiently on its customers. The question they say shouldn’t be, “How can we perform credit checks more efficiently?” because that assumes that credit checks must be done. Instead, the business should ask the basic question, “Why do we perform credit checks on customers?” This basic question allows for the possible answer that the cost of performing the credit checks may exceed the bad debt loss the credit checks are designed to prevent.6 If it is determined that credit checks are necessary and cost beneficial, then the business can began the fundament process of re-engineering by asking, “Why do we do it the way we do it?”
Fundamental means Funko International and Fundamental Capital together.
Fundamental is defined in Section 2.2 of this Agreement.
Fundamental together with Wexford, the "Stockholders").
Fundamental means [Affiliate of Fundamental Advisors, LP], a Delaware limited liability company, and includes any assignees and/or any successors to any of the Interest held thereby, in each case for so long as such Person is a Member. ​
Fundamental means Fundamental II and Fundamental III], collectively. ​
Fundamental defined: "Fundamental" means something absolutely different in this Equal Protection context than it means in the Substantive Due Process context. Remember that in due process, the fundamental rights are ones related to privacy. Here, the fundamental rights are related to a variety of other interests protected by the Constitution, but generally having nothing to do with privacy. [319]