Template:Gmsla 8 comp

Observers will note: in the 2018 Pledge GMSLA there is no equivalent of the 2010 GMSLA’s Paragraph 8.5 dealing with what to do with Letters of Credit, and no equivalent of the 2010 GMSLA’s Paragraph 8.6 requiring the delivery obligations to be reciprocal.

Instead, we assume to bulk out a paragraph which otherwise seems a bit textually anaemic, ISLA’s crack drafting squad™ went to town adding a couple of new paragraphs boasting quite some textual complexity, twice avoiding some doubt which wasn’t, hitherto, there — but no real forensic interest.