Common use of EXCHANGE OF AOG UNITS Clause in Contracts

EXCHANGE OF AOG UNITS. (a) Subject to adjustment as provided in this Article II, the provisions of the Apollo Principal Partnership Agreements and the Issuer Operating Agreement, each Apollo Principal Holder shall be entitled to exchange AOG Units held by such Apollo Principal Holder on any Quarterly Exchange Date as follows:

EXCHANGE OF AOG UNITS. (a) Subject to adjustment as provided in this Article II, the provisions of the Apollo Principal Partnership Operating Agreements and the Issuer Operating Agreement, each Apollo Principal Holder shall be entitled to exchange AOG Units held by such Apollo Principal Holder on any Quarterly Exchange Date as follows:

EXCHANGE OF AOG UNITS. (a) Subject to adjustment as provided in this Article II, the provisions of the Apollo Principal Partnership Operating Agreements and the Issuer Operating AgreementCertificate of Incorporation, each Apollo Principal Holder shall be entitled to exchange AOG Units held by such Apollo Principal Holder on any Quarterly Exchange Date as follows:by surrendering AOG Units to the Issuer in exchange for the delivery by the Issuer of a number of Class A Shares equal to the product of the number of AOG Units surrendered multiplied by the Exchange Rate (such exchange, an “Exchange”).