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GBP definition

GBP means the lawful currency of the United Kingdom.
GBP. “£” and “sterling” denote the lawful currency of the United Kingdom.

Examples of GBP in a sentence

  • If applicable law provides that Licensor incurs any liability to you for damages or losses notwithstanding the terms of Section 7, then with respect to any damages or losses that you might incur for any reason whatsoever (including, without limitation, all damages or losses referenced in Section 7), the entire liability of Licensor under this Agreement and your exclusive remedy for any and all claims, damages and losses in connection with this Agreement is limited to UK GBP £10.00.

  • Lot Number 3 is for Mechanical and Electrical Works Call-off contracts up to the value of 1 000 000 GBP.

  • Call-off contract values up to 50 000 GBP with the option to increase value in order to respond reactively to operational requirements.

  • Subject to Clauses 12.2, 13.1, 13.3 and 13.5 of this Schedule 2, the total liability of each Party to the other under or in connection with this Contract whether arising in contract, tort, negligence, breach of statutory duty or otherwise shall be limited in aggregate to the greater of: (a) five million GBP (£5,000,000); or (b) one hundred and twenty five percent (125%) of the total Contract Price paid or payable by the Authority to the Supplier for the Goods and Services.

  • Requirement to call-off individual contracts of a value up to 500 000 GBP with an option to increase to a value of up to 750 000 GBP on a project by project basis and at the discretion of the Authority.


More Definitions of GBP

GBP means the lawful currency of the United Kingdom;
GBP and “£” mean British Pounds.
GBP or “Pound Sterling” means Pound Sterling, the lawful currency of the United Kingdom;
GBP. , “Sterling” and “£” means the lawful currency for the time being of the United Kingdom.
GBP means the lawful currency of the United Kingdom, the relevant amount being expressed in pennies (one hundredth of a Pound Sterling).