ACRA HoldCo definition
Examples of ACRA HoldCo in a sentence
In the event that any such AOP Fee Rebate is paid by or charged to the ACRA Accounts under the AOP Letter Agreement, AHL shall pay to ISG an amount equal to the percentage of the economic interest of ACRA HoldCo owned indirectly by AHL multiplied by the AOP Fee Rebate, which payment shall be included in the invoice following the payment of the applicable AOP Fee Rebate and otherwise made in accordance with Section 6.
For the avoidance of doubt, none of the Company or its Subsidiaries (other than ACRA HoldCo and its Subsidiaries) shall be deemed to be a member of the Apollo Group for purposes of these Procedures.
Notwithstanding the terms of the AOP Letter Agreement, AHL hereby agrees to waive any right to receive its allocable portion of the AOP Fee Rebate in respect of the ACRA Accounts with respect to all periods on or following January 1, 2022 (which, for the avoidance of doubt, shall be an amount equal to the percentage of the economic interests of ACRA HoldCo owned indirectly by AHL multiplied by the AOP Fee Rebate).
The shares held by ADIP are non-voting and the shares held by ALRe, through its subsidiary Athene Asset LP, represent 100% of the voting power and 36.55% of the economic interests in ACRA HoldCo.** ACRA 1A is the direct parent of ACRAI, indirect parent of ACRA 1B and owns 99% of the economic interest and 100% of the voting power in Athene Co-Invest Reinsurance Affiliate LP.
The shares held by ADIP are non-voting and the shares held by ALRe, through its subsidiary Athene Asset LP, represent 100% of the voting power and 36.55% of the economic interests in ACRA HoldCo.** ACRA 1A is the direct parent of ACRAI, indirect parent of ACRA 1B and owns 99% of the economic interest and 100% of the voting power in ACRA LP.