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Old 07-02-2020 | 03:59 PM
  #127  
fcoolaiddrinker
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Joined: Dec 2012
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JB could TEMPERARILY take thier ALV of 74 and match it to thier line holder guarantee of 70. This would Potentially create an additional 5% more lines. Just narrow the build a bit to keep everyone happy. I.e if you have a build between 93-74 credit just make it 86-70. A required holdback on block of 1-2% for open time during the build for those that like high credit helps as well. I would think you want a lowered alv. I can’t really think of a reason to have it much above guarantee under jb agreement? Rigs and min calendar days should keep your schedules fairly efficient. Also exempting premium pickups from any potential TEMPORARY credit cap keeps that intact. Sec 23 language exists for a time like right now. What I mentioned is available in your current agreement and I’m sure is being discussed. That’s it for me because I’m sure I’m about to get roasted as some will view this as concessionary no doubt.

Last edited by fcoolaiddrinker; 07-02-2020 at 04:15 PM.
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