AP Professional definition

AP Professional means AP Professional Holdings, L.P., a Cayman Islands exempted limited partnership.

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AP Professional is defined in the Recitals of this Agreement.

AP Professional is defined in the Recitals of this Agreement. Doc#: US1:8509067v5 2

Examples of AP Professional in a sentence

• AP Professional Holdings, L.P. ▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Electronic Mail: Reference is hereby made to the Seventh Amended and Restated Exchange Agreement, dated as of July 29, 2020 (the “Exchange Agreement”), among Apollo Global Management, Inc., the Apollo Principal Entities from time to time party thereto, and the Apollo Principal Holders from time to time party thereto, as amended or amended and restated from time to time, in accordance with its terms.

• Notwithstanding the immediately preceding sentence, this Agreement does not supersede or preempt the Shareholders Agreement, the Agreement Among Principals, the Exchange Agreement, the exempted limited partnership agreement of AP Professional Holdings, L.P., the exempted limited partnership agreement of BRH Holdings, L.P., or any other agreement to which Executive became a party in connection with the Company’s initial public offering.

• Upon its execution of the Amended Agreement, (a) each of APH X GP, APO UK (FC), and AP Professional was thereby admitted as a Member of the Company, and (b) each of APH X GP and APO UK (FC) was admitted as a Voting Member.

• Any Apollo Principal Holder, other than AP Professional, that is unable to sell or otherwise dispose of such Class A Shares in a prompt manner as set forth in the preceding sentence (but in any event, within ten (10) days) shall cause all such Class A Shares to be transferred immediately to a partnership, trust or other entity (other than an entity disregarded as an entity separate from its parent for United States federal income tax purposes).

• Upon its execution of this Agreement, (a) each of APH X GP, APO UK (FC), and AP Professional is hereby admitted as a Member of the Company, and (b) each of APH X GP and APO UK (FC) is admitted as a Voting Member.

• The Producing Agent understands that, absent a change in the Agent of Record, commissions paid on Accounts may be transferred between Primary Agents only if the Primary Agent now receiving the commission consents to the transfer or the Agreement between the Primary Agent and the Carriers is terminated.

More Definitions of AP Professional

AP Professional means AP Professional Holdings, L.P., a Cayman Islands exempted limited partnership. “APO Corp.” means APO Corp., a Delaware corporation. “APH X GP” means Apollo Principal Holdings X GP, Ltd., a Cayman Islands exempted company. “APO UK (FC)” means APO UK (FC), Limited, a United Kingdom incorporated company. “Apollo Operating Group” means each of the Company, Apollo Principal Holdings I, L.P., a Delaware limited partnership, Apollo Principal Holdings II, L.P., a Delaware limited partnership, Apollo Principal Holdings III, L.P., a Cayman Islands exempted limited partnership, Apollo Principal Holdings IV, L.P., a Cayman Islands exempted limited partnership, Apollo Principal Holdings V, L.P., a Delaware limited partnership, Apollo Principal Holdings VI, L.P., a Delaware limited partnership, Apollo Principal Holdings VII, L.P., a Cayman Islands exempted limited partnership, Apollo Principal Holdings VIII, L.P., a Cayman Islands exempted limited partnership, Apollo Principal Holdings IX, L.P., a Cayman Islands exempted limited partnership, Apollo Principal Holdings X, L.P., a Cayman Islands exempted limited partnership, Apollo Principal Holdings XII, L.P., a Cayman Islands exempted limited partnership, AMH Holdings (Cayman), L.P., a Cayman Islands exempted limited partnership, Apollo Management Holdings, L.P., a Delaware limited partnership, and any successors thereto or other entities formed to serve as holding vehicles for the Issuer’s carry vehicles, management companies or other entities formed to engage in the asset management business (including alternative asset management), as set forth on Annex A, as amended from time to time. “Applicable Tax Representative” means, with respect to a tax matter, the Tax Matters Member or the Partnership Representative (each in its capacity as such), as applicable. “Assignee” has the meaning set forth in Section 8.04. “Assumed Tax Rate” means the highest effective marginal combined United States federal, state and local income tax rate for a Fiscal Year prescribed for an individual or corporate resident in New York, New York (taking into account (a) the nondeductibility of expenses subject to the limitation described in Section 67(a) of the Code and (b) the character (e.g., long-term or short-term capital gain or ordinary or exempt income) of the applicable income, but not taking into account the deductibility of state and local income taxes for United States federal income tax purposes). For the avoidance of doubt, the A...