Brexit definition

Brexit means withdrawal of the United Kingdom from the European Union;

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Brexit means the UK ceasing to be a member state of the European Union;

Brexit means the UK ceasing to be a member state of the European Union, regardless of which countries comprise the UK at such date.

Examples of Brexit in a sentence

• The extent of the impact will depend in part on the nature of the arrangements that are put in place between the UK and the EU following the eventual Brexit deal and the extent to which the UK continues to apply laws that are based on EU legislation.

• Following such notice the Company shall be entitled to adjust the Contract Price and any other charges, after taking all reasonable steps to mitigate any additional costs and expenses, from the date of receipt of such notice so that the Company is financially no worse off than if the Brexit Event had not occurred.

• The Company shall notify the Customer should it suffer any adverse impact on this Agreement occurring at any time following UK’s decision to cease to be a Member State of the European Union as a result of a Brexit Event.

• The exact arrangement of how long the UK are able to exchange under this legislation are dependent on the outcome of the Ministerial vote of the Brexit deal.

• This discussion will include any changes which may be required as a result of the impact of Brexit on the application of any indirect taxes, including VAT and Customs and Excise Duties, or withholding taxes, to this Agreement.

More Definitions of Brexit

Brexit means the UK ceasing to be a member state of the European Union and ceasing to be subject to the transition or implementation arrangements provided for by Part 4 of the withdrawal agreement between the UK and the European Union negotiated under Article 50(2) of the Treaty of the European Union which sets out the arrangements for the UK's withdrawal from the European Union (as such arrangements are extended from time to time); and‌

Brexit means the United Kingdom ceasing to be a member state of the European Union regardless of which countries comprise the United Kingdom at such date.

Brexit means the UK’s withdrawal from the European Union pursuant to Article 50 of the Treaty of Lisbon, which took place on 31 January 2020 at 11pm GMT.

Brexit means the United Kingdom’s withdrawal from the European Union.

Brexit means the United Kingdom ceasing to be a member state of the European Union.

Brexit means the potential departure of the UK from the EU;

Brexit means the UK leaving the European Union;