Common use of Priority on Registrations Clause in Contracts

Priority on Registrations. If a Piggyback Registration is initiated as an underwritten primary or secondary registration on behalf of the Company or holders of the Company's securities, and the managing underwriters advise the Company in writing that in their reasonable opinion the number of securities requested to be included in such registration exceeds the number that can be sold in such offering, at a price reasonably related to fair value, the Company may limit the number of Registrable Securities included in such registration.

Priority on Registrations. If a Piggyback ------------------------- Registration is initiated as an underwritten primary or secondary registration on behalf of the Company or holders of the Company's securitiesits affiliates, and the managing underwriters advise the Company in writing that in their reasonable opinion the all or a number of the securities requested to be included in such registration by ATI Shareholders exceeds the number that which can be sold in an orderly manner in such offering, at offering within a price reasonably related range acceptable to fair valuethe Company, the Company may limit the number of Registrable Securities included in such registration.Company

Priority on Registrations. If a Piggyback Registration is initiated as relates to an underwritten primary or secondary registration on behalf public offering of equity securities by the Company or any holders of the Company's securities, securities and the managing underwriters advise the Company in writing that in their reasonable opinion the number of securities requested to be included in such registration exceeds would interfere with the number that can be sold in successful marketing of such offering, at a price reasonably related to fair valuesecurities, the Company may limit the number of Registrable Securities included will include in such registration.registration (i) first, the securities