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B Distribution Account shall be decreased by the amount of (x) any distributions from Holdings to the LB Group other than distributions pursuant to Sections 2.8(b)(i), 2.8(b)(ii) and 2.8(c), and (y) the LB Group's Sharing Percentage of any expenses incurred by Holdings, other than expenses that are expressly pay
State and New York City tax rate applicable to individuals. Transfers pursuant to this Section 4.2 shall not increase a Principal Group's number of Transferred Interests. ARTICLE V GOVERNANCE; CERTAIN RIGHTS; COMPETING ACTIVITIES Section 5.1 Executive Committee; Limitations on Holdings and the Holdings GP. (a)
oup (the "J1-1 Distribution Account"), in each case, in accordance with this Section 2.7. (b) Other than cash or in-kind distributions described in Sections 2.8(b)(i) or 2.8(b)(ii) and 2.8(cl, each Distribution Account shall be increased as follows: (i) the LB Distribution Account shall be increased by the amou
te and New York City tax rate applicable to individuals. Transfers pursuant to this Section 4.1(d) shall not increase a Principal Group's number of Transferred Interests. NYI:1686459.16 19 EFTA00623319 SECTION 4.2 FORFEITURE BY OTHER PERSONS (a) In the event of any forfeiture to (or for the benefit of) Holding
B Distribution Account shall be decreased by the amount of (x) any distributions from Holdings to the LB Group other than distributions pursuant to Sections 2.8(b)(i), 2.8(b)(ii) and 2.8(c), and (y) the LB Group's Sharing Percentage of any expenses incurred by Holdings, other than expenses that are expressly pay
ate and New York City tax rate applicable to individuals. Transfers pursuant to this Section 4.1(d) shall not increase a Principal Group's number of Transferred Interests. Section 4.2 Forfeiture by Other Persons. (a) In the event of any forfeiture to (or for the benefit of) Holdings of AOG Units or other economic
Entities connected to both Sections 2.8(b)(i and Transferred Interests
Group's Pecuniary Interest
ORGANIZATIONBRH Holdings GP
ORGANIZATIONSubsidiaries
ORGANIZATIONForfeiting Principal
ORGANIZATIONJOINDER
ORGANIZATIONTransferee
ORGANIZATIONGlovsky
PERSONthe "Selected Courts
ORGANIZATIONSelected Court
ORGANIZATIONHarrah
ORGANIZATIONLB Group
ORGANIZATIONApollo Real Estate Capital Partners
ORGANIZATIONApollo International Real Estate Advisors
ORGANIZATIONApollo Poland Real Estate Advisors
ORGANIZATIONApollo Real Estate Mezzanine Advisors
ORGANIZATIONApollo Excelsior Capital Partners
ORGANIZATIONApollo International Real Estate Management
ORGANIZATIONApollo Real Estate Co-Investors
ORGANIZATIONApollo Real Estate Mezzanine Management
ORGANIZATIONAP Excelsior Management
ORGANIZATION