DBAB definition
Examples of DBAB in a sentence
The certificates for the Optional Securities being purchased on each Optional Closing Date will be in definitive form, in such denominations and registered in such names as DBAB requests upon reasonable notice prior to such Optional Closing Date and will be made available for checking and packaging for delivery at DTC at a reasonable time in advance of such Optional Closing Date.
Proxima represents and warrants to In Focus that Proxima has received the opinion of Duetche Banc Alex, ▇▇▇▇▇ ("DBAB"), to the effect that, as of the date of this Agreement, the Exchange Offer Ratio is fair from a financial point of view to the holders of Proxima Ordinary Shares.
In addition, upon written notice from DBAB given to the Company from time to time, the Underwriters may purchase all or less than all of the Optional Securities at the purchase price per Security to be paid for the Firm Securities.
DBAB calculated Prodigy's implied total enterprise value ("TEV") at both the Original Offer price of $5.45 and the Amended Offer price of $6.60 and the resulting TEV multiples of Prodigy's gross revenues, adjusted EBITDA and subscribers.
DBAB also calculated the ratios of Prodigy's TEV multiples of gross revenues and adjusted EBITDA to Prodigy's projected gross revenues and adjusted EBITDA growth rates, respectively ("Growth Adjusted TEV Multiples").
The Company will advise DBAB and CSFBC promptly of any such filing pursuant to Rule 424(b).
Neither the consent of DBAB and CSFBC to, nor the Underwriters' delivery of, any such amendment or supplement shall constitute a waiver of any of the conditions set forth in Section 6 hereof.
DBAB used varying weighted average costs of capital (between 18.5% and 22.5%) and perpetuity growth rates (between 2% and 4%) to derive a high, mid and low implied equity valuation for each case.
Such Optional Securities shall be purchased from the Company for the account of each Underwriter in the same proportion as the number of Firm Securities set forth opposite such Underwriter's name bears to the total number of Firm Securities (subject to adjustment by DBAB to eliminate fractions) and may be purchased by the Underwriters only for the purpose of covering over-allotments made in connection with the sale of the Firm Securities.
Except for SSB, whose fees shall be the sole responsibility of In Focus, and DBAB, whose fees shall be the sole responsibility of Proxima, no financial advisor, broker, agent or finder has been retained by either Representing Party in connection with this Agreement or any transaction contemplated hereby, and no such financial advisor, broker, agent or finder is entitled to any fee or other compensation on account of this Agreement or any transaction contemplated hereby.