Common use of Apollo Clause in Contracts

Apollo. Type of Interests Number of Interests Contribution Value of Contribution ----------------- ------------------- ------------ --------------------- Class A 3,186 $9,000,000 in Cash $9,000,000 Interests 3,895 Conversion of $11,000,000 Apollo Loan Total Since 7,086 $20,020,000 Initial Closing: New Valley: ----------- Type of Interests Number of Interests Contribution Value of Contribution ----------------- ------------------- ------------ --------------------- Class B 700 Expenditures $5,000,000 Interests as set forth in Section 2.4(d) Total Since 705 $5,005,000 Initial Closing: BrookeMil: ---------- Type of Interests Number of Interests Contribution Value of Contribution ----------------- ------------------- ------------ --------------------- Class C 6,381 Promissory Note $45,980,553 Interests for Interests in the Russian LLC (for Duca▇ ▇▇▇ce II) Total Since 6,381 $45,980,553 Initial Closing: Total for All ------------- Members Since 14,172 $71,005,553 ------------- Initial Closing: --------------- The entire amount of the Apollo Loan (including the principal and any interest accrued thereon) shall be converted into the Class A Interests at the Initial Subsequent Closing, to be credited as a contribution by Apollo in the amount of $11,000,000 towards the aggregate subscription amount set forth in Section 2.4(a), which contribution, upon such conversion, shall be considered made for the purposes of this Agreement as of the Initial Closing Date. For the avoidance of doubt, upon the conversion of the Apollo Loan into the Class A Interests as set forth herein, the Apollo Loan shall be terminated and no payment of principal, interest or any other amounts shall be due thereon.