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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's termination; and (v) any mandatory capital commitments by Holdings to a Heritage Fund will be made by the Principals in accordance with the Heritage Points Percentages in such Heritage Fund without giving effect to any adjustments thereto (for the avoidance of doubt, each such capital commitment by a Principal or
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
Principal's termination; and (v) any mandatory capital commitments by Holdings to a Heritage Fund will be made by the Principals in accordance with the Heritage Points Percentages in such Heritage Fund without giving effect to any adjustments thereto (for the avoidance of doubt, each such capital commitment by a Principal or
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's termination; and (v) any mandatory capital commitments by Holdings to a Heritage Fund will be made by the Principals in accordance with the Heritage Points Percentages in such Heritage Fund without giving effect to any adjustments thereto (for the avoidance of doubt, each such capital commitment by a Principal or
Entities connected to both the Heritage Points and the Heritage Points Percentages
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