Company Pro Rata Offer to Purchase. (a) Notwithstanding any provision in this section 24 to the contrary, if the Company proposes to purchase any portion of the Notes of any Holder (the "Selling Holder") pursuant to section 24.1(a) or (b), the Company shall provide to each holder of Notes, at least 20 days prior to the closing of such sale, written notice, in accordance with section 20 herein, of its intention to purchase Notes from the Selling Holder, the aggregate principal amount of Notes proposed to be purchased from the Selling Holder, the price and other material terms under which the sale is proposed to be made and that the holder is entitled to sell a certain principal amount of the Notes then held by the holder to the Company on the terms and conditions contained therein (the "First Offer Notice").
Appears in 5 contracts
Samples: Mezzanine Note Securities Purchase Agreement (Alion Science & Technology Corp), Mezzanine Note Securities Purchase Agreement (Alion Science & Technology Corp), Mezzanine Note Securities Purchase Agreement (Alion Science & Technology Corp)
