ACRA Group definition
ACRA Group means, collectively, (i) ACRA 1A and each of its direct and indirect subsidiaries, (ii) ACRA 2 and each of its direct and indirect subsidiaries, (iii) any other ACRA Investment Entity formed after the Effective Date and each of its direct and indirect subsidiaries and (iv) any holding company the shares of which are owned by the ACRA Investors and which is formed for purposes of holding the shares of ACRA 1A, ACRA 2 or any other ACRA Investment Entity; it being understood and agreed that each of the clauses (i) through (iv) of this definition is individually referred to herein as an “ACRA Group silo”.
ACRA Group means, collectively, (i) ACRA 1A and each of its direct and indirect subsidiaries, (ii) any new alternative investment vehicle formed from time to time in accordance with the Master Framework Agreement, and in which the ACRA Investors are direct or indirect shareholders, and each of such new alternative investment vehicle’s direct and indirect Subsidiaries and (iii) any holding company (including Athene Co-Invest Reinsurance Affiliate Holding Ltd., an exempted company incorporated under the laws of Bermuda) the shares of which are owned by the ACRA Investors and which is formed for purposes of holding the shares of ACRA 1A or any new alternative investment vehicle described in sub-clause (ii) above.
ACRA Group means, collectively, (i) ACRA 1A and each of its direct and indirect subsidiaries, (ii) any new alternative investment vehicle formed from time to time in accordance with the Master Framework Agreement, and in which the ACRA Investors are direct or indirect shareholders, and each of such new alternative investment vehicle’s direct and indirect Subsidiaries and (iii) any holding company the shares of which are owned by the ACRA Investors and which is formed for purposes of holding the shares of ACRA 1A or any new alternative investment vehicle described in sub-clause (ii) above.