Template:Gmsla 11.7 comp
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In its headlong rush to pursue the path of least resistance, the tremendous opportunity the 2018 Pledge GMSLA presented to ISLA’s crack drafting squad™ for once and for all to rid this form of its unfortunate and pointless reference to LIBOR went missed. Pity really.
But see also Clause {{{{{1}}}|15}}, where this throwaway reference really bites.