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).

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.