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

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

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

llo Capital Management V. Inc. Apollo Advisors V. LP. Apollo Principal Holdings I. LP. Apollo Capital Management VI. LLC Apollo Advisors VI. LP. APO Asset Co.. LLC Apollo Principal Holdings I GP. LLC Apollo Principal Holdings III GP. Ltd. Apollo Advisors V (EH). LLC Apollo Advisors V (Eli Cayman). L.P.