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al partner. "Heritage Points Percentage" means, with respect to any Principal Group and Heritage Fund, such Principal Group's Pecuniary Interest in the Heritage Points of such Heritage Fund divided by the Pecuniary Interest of all the Principal Groups in the Heritage Points of such Heritage Fund as set forth on Sc
Principal or his Group shall be an Excluded Asset); (iv) no Principal shall be required to make any future capital commitment to any Fund that has a First Closing after the date of such Principal's termination or to any co-investment vehicle established to invest in any Fund that has a First Closing after the
iately prior to any Exchange, the excess (if any) of the number of Equivalent Heritage Points of such Principal Group over the Pecuniary Interest in the Heritage Points of such Principal Group. "Exchange" means (i) the exchange by Holdings of an AOG Unit for a Class A Share pursuant to the Exchange Agreement, and
a Principal or his Group shall be an Excluded Asset); (iv) no Principal shall be required to make any future capital commitment to any Fund that has a First Closing after the date of such Principal's termination or to any co-investment vehicle established to invest in any Fund that has a First Closing after the
al partner. "Heritage Points Percentage" means, with respect to any Principal Group and Heritage Fund, such Principal Group's Pecuniary Interest in the Heritage Points of such Heritage Fund divided by the Pecuniary Interest of all the Principal Groups in the Heritage Points of such Heritage Fund as set forth on Sc
Principal or his Group shall be an Excluded Asset); (iv) no Principal shall be required to make any future capital commitment to any Fund that has a First Closing after the date of such Principal's termination or to any co-investment vehicle established to invest in any Fund that has a First Closing after the
Entities connected to both the Heritage Points and a First Closing
Apollo Investment Fund IV
ORGANIZATIONApollo Overseas Partners IV
ORGANIZATIONApollo Advisors IV
ORGANIZATIONApollo Netherlands Partners
ORGANIZATIONAIF V Euro Holdings
ORGANIZATIONthe Group of another Principal
ORGANIZATIONBRH Holdings GP
ORGANIZATION
United States
LOCATION
Exchange
ORGANIZATIONthe AOG Units
ORGANIZATIONthe Tax Receivable Agreement
ORGANIZATIONJohn J. Suydam
PERSONFund IV
ORGANIZATIONLeon Black
PERSONthe Apollo Operating Group
ORGANIZATIONCayman
LOCATIONApollo Management Holdings
ORGANIZATIONBlack Family GP
ORGANIZATIONApollo Real Estate Investment Fund
ORGANIZATIONAIC Co-Investors
ORGANIZATION