Right, this is html text. And this ' is escaped.

<ul>
<% for each ( let item in this.foobar ) { %>
	<li><%= item %></li>
<% } %>
</ul>

<% if ( !arguments.length ) { %><p>Nothing was passed</p><% } %>

<%= <p>This is E4X</p> %>

<%h="This is HTML Escaped <right>!"%>

<%u="This is URL Encoded"%>

<%= this.someFunction( %>What the? I'm being passed as a function? And echoed from there?<% ); %>