We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Fundamental Term definition

Fundamental Term means, in respect of a Senior Finance Document:
Fundamental Term means any of the following:
Fundamental Term has the meaning given in clause 16.2(a).

Examples of Fundamental Term in a sentence

  • An Additional Term cannot conflict with a Key Matter, a Fundamental Term or a Supplementary Term.

  • A Fundamental Term may only be amended or waived by agreement between the Obligors which are a party to the Senior Finance Document which contains that Fundamental Term and each Lender (and, in the case of the provisions referred to in paragraphs (a), (b), (f), (g), (h), (i), (j), (k) and (l) of the definition of Fundamental Term, each Hedging Counterparty).

  • The initial version of MET provides the means of specifying alerts in rule form as a collection of Boolean expressions applied to thresholds compared to each of the calculated statistics.

  • However, Section 33 of the Act allows for minor editorial changes so long as the meaning of the Fundamental Term is unchanged.

  • A Fundamental Term may only be amended or waived by agreement between the Obligors which are a party to the Senior Finance Document which contains that Fundamental Term and each Lender (and, in the case of the provisions referred to in paragraphs (a), (b), (f), (g), (h), (i) and (j) of the definition of Fundamental Term, each Hedging Counterparty).

  • If your Contract is a Converted Contract then the existing terms of your Contract are Additional Terms and will continue to apply unless they conflict with a Key Matter or a Fundamental Term.

  • Regarding an IRS Ruling Dispute stemming from a failure of the Parties to agree under Section 2.2(A)(3) hereof to revisions to this Agreement in response to IRS Objections, each Party shall submit to the Arbitrators its respective proposed resolution (which shall not contain any modification to a Fundamental Term) to address the specific IRS Objection in reasonable detail (being the last written proposal submitted by one Party to the other, each a “Final IRS Proposal”).

  • Any breach by the Tenant of a Fundamental Term constitutes a repudiation of this Lease.

  • Delta (through Board Action) and the Creditors Committee will jointly set the Fundamental Terms of the New Equity Investment Rights Offering and shall have the right to specify any other terms in the Rights Offering Appendix and to vary any term (including a Fundamental Term) at any time.

  • Fundamental Term means the obligations of the Lessee listed in Schedule 2 and Schedule 6.


More Definitions of Fundamental Term

Fundamental Term means, in respect of the Client, clause 4, 6, 8, 9, 10, 11, 14, and 24.

Related to Fundamental Term

  • Fundamental Transaction shall have the meaning set forth in Section 5(e).

  • Fundamental Change Expiration Time has the meaning specified in Section 3.03(a)(i).

  • Make-Whole Fundamental Change Period shall have the meaning specified in Section 14.03(a).

  • Non-Stock Fundamental Change means any Fundamental Change other than a Common Stock Fundamental Change.

  • Fundamental Change Effective Date means the date on which any Fundamental Change becomes effective.

  • Fundamental Change Purchase Notice has the meaning specified in Section 3.03(a)(i).

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Fundamental Change Purchase Price has the meaning specified in Section 3.02(a) hereof.

  • Fundamental Change Purchase Date has the meaning specified in Section 3.02(a) hereof.

  • Fundamental Change Notice has the meaning specified in Section 8.02(a).

  • Common Stock Fundamental Change means any Fundamental Change in which more than 50% of the value (as determined in good faith by the Board of Directors of the Company) of the consideration received by holders of Common Stock consists of common stock that, for the 10 Trading Days immediately prior to such Fundamental Change, has been admitted for listing or admitted for listing subject to notice of issuance on a national securities exchange or quoted on Nasdaq National Market, provided, however, that a Fundamental Change shall not be a Common Stock Fundamental Change unless either (i) the Company continues to exist after the occurrence of such Fundamental Change and the outstanding Preferred Stock continues to exist as outstanding Preferred Stock, or (ii) not later than the occurrence of such Fundamental Change, the outstanding Preferred Stock is converted into or exchanged for shares of convertible preferred stock, which convertible preferred stock has powers, preferences and relative, participating optional or other rights, and qualifications, limitations and restrictions substantially similar (but no less favorable) to those of the Preferred Stock.

  • Fundamental Change shall be deemed to have occurred at the time after the Notes are originally issued if any of the following occurs:

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.

  • Fundamental Change Repurchase Notice shall have the meaning specified in Section 15.02(b)(i).

  • Make-Whole Fundamental Change means any transaction or event that constitutes a Fundamental Change (as defined above and determined after giving effect to any exceptions to or exclusions from such definition, but without regard to the proviso in clause (b) of the definition thereof).

  • Fundamental Change Repurchase Price shall have the meaning specified in Section 15.02(a).

  • Fundamental Change Repurchase Date shall have the meaning specified in Section 15.02(a).

  • Conversion Period means the period of time commencing on the eighth day after the Offer Date and terminating on the Expiry Date;

  • Fundamental Representation has the meaning set forth in Section 9.1.

  • Fundamental Change Company Notice shall have the meaning specified in Section 15.02(c).

  • Parent Fundamental Representations means the representations and warranties of Parent set forth in Section 5.1 (Corporate Existence and Power), Section 5.3 (Corporate Authorization), Section 5.6 (Finders’ Fees), Section 5.7 (Issuance of Shares), and Section 5.8 (Capitalization).

  • Fundamental Representations has the meaning set forth in Section 8.1.

  • Fundamental research means basic and applied research in science and engineering, the results of which ordinarily are published and shared broadly within the scientific community, as distinguished from proprietary research and from industrial development, design, production, and product utilization, the results of which ordinarily are restricted for proprietary or national security reasons.

  • Initial Termination Date shall have the meaning set forth in Section 7.1(b).

  • Termination Price As defined in Section 9.01.

  • Form of Fundamental Change Purchase Notice means the “Form of Fundamental Change Purchase Notice” attached as Attachment 2 to the Form of Note attached hereto as Exhibit A.