Examples of Ares Owners in a sentence
If any Ares Owners Class Issuer Units are forfeited or cancelled for no consideration, a number of shares of Class A Common Stock held by Ares Owners LP equal to the product of the number of Ares Owners Class Issuer Units so forfeited or cancelled multiplied by the Corresponding Rate shall be automatically forfeited or cancelled.
For purposes of this definition, Ressler and his Related Parties shall be deemed to own Class A Common Stock and Ares Operating Group Units that are deliverable to such Person (or the net proceeds from the sale of which are deliverable to such Person) pursuant to the Ares Owners LP Agreement, the Exchange Agreement or any other exchange agreement with an Ares Company, in each case, without regard to any vesting, transfer or similar restrictions set forth therein.
Xxxxxx Title: Authorized Signatory Ares Owners Holdings L.P. By: Ares Partners Holdco LLC, its general partner By: /s/ Xxxxxxx X.
Any Ares Operating Group Limited Partner (other than Alleghany) still holding any Common Units on the last day of such period shall cause all such Common Units to be transferred immediately to a partnership, trust or other entity (other than an entity disregarded as an entity separate from its parent for U.S. federal income tax purposes), including, at the Issuer’s request, to Ares Owners or other Person designated by the Issuer.
If the Issuer makes a request pursuant to the foregoing sentence, any Ares Operating Group Limited Partner still holding any Class A Shares on the last day of such period 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 U.S. federal income tax purposes), including, at the Issuer’s request, to Ares Owners or other Person designated by the Issuer.
If the Issuer makes a request pursuant to the foregoing sentence, any Ares Operating Group Limited Partner (other than Alleghany) still holding any Common Shares on the last day of such period shall cause all such Common 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 U.S. federal income tax purposes), including, at the Issuer’s request, to Ares Owners or other Person designated by the Issuer.
Ares Management Corporation By: /s/ Xxxxxx Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Xxxxxx Title: Authorized Signatory Ares Holdings L.P By: Ares Holdco LLC, its general partner By: /s/ Xxxxxx Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Xxxxxx Title: Authorized Signatory Ares Owners Holdings L.P. By: Ares Partners Holdco LLC, its general partner By: /s/ Xxxxxx Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Xxxxxx Title: Authorized Signatory Limited Partner signatures on file with the Parent.
Assuming the full exchange of Ares Operating Group Units for shares of our Class A common stock, as of December 31, 2020, Ares Owners Holdings L.P. would hold 51.19% and the public would hold 48.81% of Ares Management Corporation.
Ares Owners is controlled by Ares Partners Holdco LLC (“Ares Partners”), which, in turn, is directly owned and controlled by five individual persons: Antony Ressler, Michael Arougheti, David Kaplan, John Kissick and Bennett Rosenthal (together, the “Ares Co-Founders”).Ares Holdings is a wholly-owned, direct subsidiary of Ares Management, L.P. (“Ares Management”), which is a publicly traded, alternative asset management firm with approximately $79 billion of assets under management as of June 30, 2014.
Xxxxxxxx Title: Vice President Exhibit A Form of Joinder Agreement Reference is made to that certain Investor Rights Agreement (the “Agreement”) dated as of November 26, 2018, by and among (i) Ares Management Corporation, a Delaware corporation, (ii) Ares Owners Holdings L.P., a Delaware limited partnership, (iii) Alleghany Insurance Holdings LLC, a Delaware limited liability company and (iv) the other persons party thereto.