The paper examines the Lotzean background of Husserl’s logic with respect to the so-called Frege’s principles, the context principle (“the word has a meaning only in the context of a sentence”), the priority thesis (the judgment is prior to the concepts in it), and the principle of compositionality (the sense of a complex expression is compounded out of the senses of its constituents). While some commentators hold that for Frege, the context principle, inherited from Lotze, is an expression of his epistemological view of logic, Husserl’s indebtedness to Lotze is diametrically opposite: he owes to Lotze a kind of ontological holism, which is independent of the context principle.