Epstein Secrets

rns that have been geometrically linked based on capital contributions. distributions and dividend reinvestments. as applicable; 'our manager" means AGM Management. LW. a Delaware limited liability company that is controlled by our managing partners: 'permanent capital" means capital of funds that do not have r

miting UBTI from "debt-financed" property and, thus, an investment in Class A shares will give rise to UBTI to tax-exempt holders of Class A shares. APO Asset Co.. LLC may borrow funds from APO Corp. or third parties from time to time to make investments. These investments will give rise to UBTI from "debt-fi

ompleted a reorganization of its predecessor businesses on July 13. 2007 (the "Reorganization"). The Company is managed and operated by its manager. AGM Management. LLC. which in turn is wholly-owned and controlled by Leon Black. Joshua Harris and Marc Rowan (the "Managing Partners"). As of December 31. 2011.

e intermediate holding companies that include APO Corp.. a Delaware corporation that is a domestic corporation for U.S. Federal income tax purposes. APO Asset Co.. LW ("APO Asset"), a Delaware limited liability company that is a disregarded entity for U.S. Federal income tax purposes. and APO (-c). LLC ("APO

parties have caused this Agreement to be duly executed and delivered, all as of the date first set forth above. APOLLO GLOBAL MANAGEMENT, LLC By: AGM Management, LLC its Manager By: BRH Holdings GP, Ltd. its Sole Member By: John J. Suydam Vice President APOLLO PRINCIPAL HOLDINGS I L.P. By: Apollo Prin

laware, and any successor thereto. "APO FC" means APO (FC), LLC, an Anguilla limited liability company, and any successor thereto. "APO LLC" means APO Asset Co, LLC., a limited liability company formed under the laws of the State of Delaware, and any successor thereto. "Apollo Operating Group" shall have t