Subsidiaries; Equity Interests. As of the Closing Date, no Loan Party (to the extent such Loan Party was a Loan Party on the Closing Date) has any Subsidiaries other than those specifically disclosed in [Schedule 6.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable and are directly or indirectly owned by a Loan Party (except for certain immaterial director’s qualifying shares and as a result of the PDH Minority Interest) free and clear of all Liens except those created under the Collateral Documents and as otherwise disclosed in [Schedule 6.13]. All of the outstanding Equity Interests in each Loan Party and its Subsidiaries have been validly issued, are fully paid and non-assessable (to the extent such concepts are applicable in such Loan Party’s jurisdiction of organization).

Subsidiaries; Equity Interests.Interests; Loan Parties. As of the Closing Date, no Loan Party (to the extent such Loan Party was a Loan Party on the Closing Date) has any Subsidiaries other than those specifically disclosed in Part # of [Schedule 6.5.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable and are directly or indirectly owned by a Loan Party (except for certain immaterial director’s qualifying shares and as a resultin the amounts specified on Part # of the PDH Minority Interest)[Schedule 5.13] free and clear of all Liens except those created under the Collateral Documents and as otherwiseDocuments. As of the Closing Date, no Loan Party has any equity investments in any other corporation or entity other than those specifically disclosed in Part # of [Schedule 6.5.13]. AllSet forth on Part # of [Schedule 5.13] is a complete and accurate list of all Loan Parties, showing as of the outstanding Equity Interests inClosing Date (as to each Loan PartyParty) the jurisdiction of its incorporation, the address of its principal place of business and its SubsidiariesU.S. taxpayer identification number or, in the case of any non-U.S. Loan Party that does not have been validly issued, are fully paid and non-assessable (toa U.S. taxpayer identification number, its unique identification number issued to it by the extent such concepts are applicable in such Loan Party’s jurisdiction of organization).its incorporation.

Section # Subsidiaries; Equity Interests. As of the Closing Date,Date (after giving effect to the Transactions), no Loan Party (to the extent such Loan Party was a Loan Party on the Closing Date) has any Subsidiaries (other than Excluded Subsidiaries pursuant to [clause (b)] of the definition thereof) other than those specifically disclosed in [Schedule 6.13]5.11], and all of the outstanding Equity Interests owned by the Loan Parties (or a Subsidiary of any Loan Party) in such material Subsidiaries have been validly issued,issued and are fully paid and non-assessable and are directly or indirectlyall Equity Interests owned by a Loan Party (except for certain immaterial director’s qualifying shares and as a result of the PDH Minority Interest)in such material Subsidiaries are owned free and clear of all Liens except # those created under the Collateral Documents and as otherwise disclosed in [Schedule 6.13]# any Lien that is permitted under ‎[Section 7.01]. AllAs of the outstanding Equity Interests inClosing Date, [Schedules 1(a)] and 9(a) to the Perfection Certificate # set forth the name and jurisdiction of each Domestic Subsidiary that is a Loan Party and its# set forth the ownership interest of the Borrower and any other Guarantor in each wholly owned Subsidiary (other than Excluded Subsidiaries have been validly issued, are fully paid and non-assessable (topursuant to [clause (b)] of the extentdefinition thereof), including the percentage of such concepts are applicable in such Loan Party’s jurisdiction of organization).ownership.

Section # Subsidiaries; Equity Interests. As of the Closing Date,Date (after giving effect to the Transactions), no Loan Party (to the extent such Loan Party was a Loan Party on the Closing Date) has any Subsidiaries (other than Excluded Subsidiaries pursuant to [clause (b)] of the definition thereof) other than those specifically disclosed in [Schedule 6.13]5.11], and all of the outstanding Equity Interests owned by the Loan Parties (or a Subsidiary of any Loan Party) in such material Subsidiaries have been validly issued,issued and are fully paid and non-assessable and are directly or indirectlyall Equity Interests owned by a Loan Party (except for certain immaterial director’s qualifying shares and as a result of the PDH Minority Interest)in such material Subsidiaries are owned free and clear of all Liens except those created under the Collateral Documents and as otherwise disclosed in [Schedule 6.13]. All of the outstanding Equity Interests in each Loan Party and its Subsidiaries have been validly issued, are fully paid and non-assessable (to the extent such concepts are applicable in such Loan Party’s jurisdiction of organization).

Subsidiaries; Equity Interests.Interests As of the Closing Date, no Loan Party (to the extent such Loan Party was a Loan Party on the Closing Date) has anyBorrowers have no Subsidiaries other than those specifically disclosed in Part # of [Schedule 6.5.13], and all of the outstanding Equity Interests in such Material Subsidiaries have been validly issued, are fully paid and non-assessablenonassessable and are owned directly or indirectly owned by a Loan Party (except for certain immaterial director’s(other than directors’ qualifying shares and as a resultrequired by law) in the amounts specified on Part # of the PDH Minority Interest)[Schedule 5.13] free and clear of all Liens exceptLiens. As of the Closing Date, ​ has no equity investments in any other corporation or entity other than those created under the Collateral Documents and as otherwisespecifically disclosed in Part # of [Schedule 6.5.13]. All of the outstanding Equity Interests in each Loan Party and its Subsidiaries have been validly issued, are fully paid and non-assessable (to the extent such concepts are applicable in such Loan Party’s jurisdiction of organization).

Subsidiaries; Equity Interests. As of the Closing Date,Date (after giving effect to the Transactions), # the Company has no Loan Party (to the extent such Loan Party was a Loan Party on the Closing Date) has any Subsidiaries other than those specifically disclosed in Part # of [Schedule 6.5.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessablenonassessable and are directly or indirectly owned by a Loan Party (except for certain immaterial director’s qualifying shares and as a result of the PDH Minority Interest) free and clear of all Liens except those created under the Collateral DocumentsLoan Documents. As of the Closing Date (after giving effect to the Transactions), the Company has no equity investments in any other corporation or entity other than Cash Equivalents and as otherwisethose specifically disclosed in Part # and Part # of [Schedule 6.5.13]. All of the outstanding Equity Interests in each Loan Party and its Subsidiariesthe Company have been validly issued, and are fully paid and non-assessable (tononassessable. The Organization Documents of companies whose Equity Interests are subject to Liens pursuant to the extentCollateral Documents do not restrict or inhibit any transfer of such concepts are applicable inEquity Interests or creation or enforcement of such Loan Party’s jurisdiction of organization).Liens.

Subsidiaries; Equity Interests.Interests; Loan Parties. As of the Closing Date, no Loan Party (to the extent such Loan Party was a Loan Party on the Closing Date)Borrower has anyno Subsidiaries other than those specifically disclosed in [Exhibit 21] to the Form 10-K for the fiscal year ended ​ or on [Schedule 6.5.13], hereto, and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable and are directly or indirectly owned by a Loan Party (except for certain immaterial director’s qualifying shares and as a result of the PDH Minority Interest) free and clear of all Liens exceptLiens. The Borrower has no equity investments in any other corporation or entity other than those created under the Collateral Documents and as otherwisespecifically disclosed in [Exhibit 21] to the Form 10-K for the fiscal year ended ​. Set forth on [Schedule 6.5.13]. All is a complete and accurate list of all Loan Parties, showing as of the outstanding Equity Interests inClosing Date (as to each Loan Party) the jurisdiction of its incorporation, the address of its principal place of business and its U.S. taxpayer identification number. The copy of the charter of each Loan Party and its Subsidiaries have been validly issued, are fully paideach amendment thereto provided pursuant to [Section 4.01(a)(iv)] is a true and non-assessable (to the extentcorrect copy of each such concepts are applicabledocument, each of which is valid and in such Loan Party’s jurisdiction of organization).full force and effect.

As of the Closing Date,Date (after giving effect to the Transactions), no Loan Party (to the extent such Loan Party was a Loan Party on the Closing Date) has any material Subsidiaries other than those specifically disclosed in [Schedule 6.13]5.12], and all of the outstanding Equity Interests owned by the Loan Parties (or a Subsidiary of any Loan Party) in such material Subsidiaries have been validly issued,issued and are fully paid and non-assessable and are directly or indirectlyall Equity Interests owned by a Loan Party (except for certain immaterial director’s qualifying shares and as(or a resultSubsidiary of the PDH Minority Interest)any Loan Party) in such material Subsidiaries are owned free and clear of all Liens except # those created under the Collateral Documents and as otherwise disclosed in [Schedule 6.13]# any Lien that is permitted under [Section 7.01]. AllAs of the outstanding Equity Interests inClosing Date, [Section 1(a)] of, and [Schedule 4] to, the Perfection Certificate # set forth the name and jurisdiction of each Loan Party and its Subsidiaries have been validly issued, are fully paid# set forth the ownership interest of the Borrower and non-assessable (toany other Guarantor in each Subsidiary, including the extentpercentage of such concepts are applicable in such Loan Party’s jurisdiction of organization).ownership.

Section # Subsidiaries; Equity Interests. As of the ClosingAgreement Date, no Loan Party (toBorrower has any direct or indirect Subsidiaries or investments (other than Cash Equivalents) in, or joint ventures or partnerships with, any Person, except as disclosed in [Schedule 5.13]. Such Schedule sets forth # the extentname and jurisdiction of organization or incorporation of each Subsidiary, # the ownership interest of each Borrower and their respective Subsidiaries in each of their respective Subsidiaries, including the percentage of such Loan Party was a Loan Partyownership and # identifies each Person the Equity Interests of which are required to be pledged on the Closing Date)Date pursuant to the Collateral Requirement. No Borrower nor any of its Subsidiaries has issued any Disqualified Equity Interests and there are no outstanding options or warrants to purchase Equity Interests of any Borrower or any of its Subsidiaries of any class or kind, and there are no agreements, voting trusts or understandings with respect thereto or affecting in any manner the sale, pledge, assignment or other than those specifically disclosed in [Schedule 6.13], and alldisposition thereof, including any right of first refusal, option, redemption, call or other rights with respect thereto, whether similar or dissimilar to any of the foregoing. All of the issued and outstanding Equity Interests owned by any Borrower in suchits Subsidiaries have been validly issued,duly authorized and issued and are fully paid and non-assessable and are directly or indirectly owned by a Loan Party (except for certain immaterial director’s qualifying shares and as a result of the PDH Minority Interest) free and clear of all Liens except those createdother than Liens in favor of the Administrative Agent under the Collateral Documents and as otherwise disclosed in [Schedule 6.13]. All of the outstanding Equity Interests in each Loan Party and its Subsidiaries have been validly issued, are fully paid and non-assessable (to the extent such concepts are applicable in such Loan Party’s jurisdiction of organization).Documents.

As of the Closing Date, no Loan Party (to the extent such Loan Party was a Loan Party on the Closing Date)Company has anyno Subsidiaries other than those specifically disclosed in Part # of [Schedule 6.5.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessablenonassessable and are directly or indirectly owned by a Loan Party (except for certain immaterial director’s qualifying shares and as a result ofin the PDH Minority Interest) free and clear of all Liens except those created under the Collateral Documents and as otherwise disclosed in [Schedule 6.13]. All of the outstanding Equity Interests in each Loan Party and its Subsidiaries have been validly issued, are fully paid and non-assessable (to the extent such concepts are applicable in such Loan Party’s jurisdiction of organization).amounts specified on Part

SECTION # Subsidiaries. As of the Closing Date, no Loan Party (to the extent such Loan Party was a Loan Party on the Closing Date) has any Subsidiaries other than those specifically disclosed in [Schedule 6.13], and all of the outstanding Equity Interests in suchthe ​ and its Subsidiaries have been validly issued,issued and are fully paid and (if applicable) non-assessableassessable, and are directly or indirectlyall Equity Interests owned by a Loan Party (except for certain immaterial director’s qualifying sharesHoldings (in the ​), and as a resultby the ​ or any Subsidiary Guarantor in any of the PDH Minority Interest)their respective Subsidiaries are owned free and clear of all Liens of any Person except # those Liens created under the Collateral Documents and as otherwise disclosed in [Schedule 6.13]# any Lien that is permitted under [Section 7.01]. AllAs of the outstandingClosing Date, [Schedule 5.12] # sets forth the name and jurisdiction of each Subsidiary, # sets forth the ownership interest of Holdings, the ​ and each Subsidiary in each Subsidiary, including the percentage of such ownership and # identifies each Subsidiary that is a Subsidiary the Equity Interests in each Loan Party and its Subsidiaries have been validly issued,of which are fully paid and non-assessable (torequired to be pledged on the extent such concepts are applicable in such Loan Party’s jurisdiction of organization).Closing Date pursuant to the Collateral Documents.

Section # Subsidiaries; Equity Interests. As of the Closing Date, after giving effect to the Transaction, there are no Loan Party (tomembers of the extent such Loan Party was a Loan Party on the Closing Date) has any SubsidiariesRestricted Group other than those specifically disclosed in [Schedule 6.13]5.12], and all of the outstanding Equity Interests in such Subsidiarieseach member of the Restricted Group that are owned by Parent or another Loan Party have been validly issued, are fully paid and non-assessable (other than for those Restricted Subsidiaries that are limited liability companies and to the extent such concepts are not applicable in the relevant jurisdiction) and are directly or indirectly owned by a Loan Party (except for certain immaterial director’s qualifying shares and as a result of the PDH Minority Interest) free and clear of all Liens except # those created under the Collateral DocumentsDocuments, # any nonconsensual Lien that is permitted under [Section 7.01] and as otherwise disclosed in [Schedule 6.13]. All of# if such representation is made after the outstanding Equity Interests inClosing Date, Liens related to New Incremental Notes and Refinancing Notes (in each Loan Party and its Subsidiaries have been validly issued, are fully paid and non-assessable (tocase, to the extent such concepts are applicablepermitted to be secured in such Loan Party’s jurisdictionaccordance with the terms of organization)this Agreement).

. As of the ClosingRestatement Effective Date, no Loan Party (to the extent such Loan Party was a Loan Party on the Closing Date) has any Subsidiaries other than those specifically disclosed in Part # of [Schedule 6.5.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessablenonassessable and are directly or indirectly owned by a Loan Party (except for certain immaterial director’s qualifying shares and asor a resultSubsidiary thereof in the amounts specified on Part # of the PDH Minority Interest) free and clear of all Liens except those created under the Collateral Documents and as otherwise disclosed in [Schedule 6.5.13]. All of the outstanding Equity Interests in each Loan Party and its Subsidiaries have been validly issued,issued and are fully paid and non-assessable (tononassessable. Set forth on Part # of [Schedule 5.13] is a complete and accurate list of all Loan Parties as of the extent such concepts are applicable in suchRestatement Effective Date, showing as of the Restatement Effective Date (as to each Loan Party’sParty) the jurisdiction of organization).its incorporation or organization and the type of organization it is.