“…determined as a matter of construction of this particular contract in its particular context” (per Longmore LJ at [14] of Barclays Bank plc v Unicredit Bank AG [2014] EWCA Civ 302; [2014] 2 Lloyd’s Rep 59). The only other case which has considered the present provision in the GMRA is the decision of Blair J in Exxonmobil. Whilst the judg…”