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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)
1:I07703$ EFTA00808265 Apollo Real Estate Management V, LP Apollo International Real Estate Management, LP Apollo EU Real Estate Management II,12 Apollo Real Estate Co-Investors (EU), LLC AREA Co-Investors (EU), LLC Apollo Corp. EU II Co-Investors, LLC Apollo Real Estate Mezzanine Management, LP AP Excelsior Management, L
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
ate Management IV, LP Apollo Real Estate Management V, LP Apollo International Real Estate Management, LP Apollo EU Real Estate Management II, LP Apollo Real Estate Co-Investors (EU), LLC AREA Co-Investors (EU), LW Apollo Corp. EU II Co-Investors, LLC Apollo Real Estate Mezzanine Management, LP AP Excelsior Management, LP
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
e Management V, LP Apollo International Real Estate Management, LP Does: USI: I0770389v IS EFTA00583374 Apollo EU Real Estate Management II, LP Apollo Real Estate Co-Investors (EU), LLC AREA Co-Investors (EU), LLC Apollo Corp. EU II Co-Investors, LLC Apollo Real Estate Mezzanine Management, LP AP Excelsior Management, L
Entities connected to both Transferred Interests and Apollo Real Estate Co-Investors
Sections 2.8(b)(i
ORGANIZATIONGroup'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 Mezzanine Management
ORGANIZATIONAP Excelsior Management
ORGANIZATION