and Guarantors are located.
For purposes of determining compliance with the conditions specified in this
Schedule 3.1, each Lender that has signed the Agreement shall be deemed to have
consented to, approved or accepted or to be satisfied with, each document or
other matter required thereunder to be consented to or approved by or acceptable
or satisfactory to a Lender unless Agent shall have received notice from such
Lender prior to the proposed Closing Date specifying its objection thereto.
SCHEDULE 4.1
CAPITALIZATION OF BORROWERS AND BORROWERS' SUBSIDIARIES
Parent
Subsidiary
Percentage of
Ownership
PolyOne Corporation
Burton Rubber Company
100 %
PolyOne
Corporation
ColorMatrix Group, Inc.
100 %
PolyOne Corporation
Conexus, Inc.
100 %
PolyOne Corporation
GEON Development, Inc.
100
%
GLS International, Inc.
GLS Hong Kong Limited
100 %
PolyOne
Corporation
GLS International, Inc.
100 %
GLS International, Inc.
GLS Thermoplastic Alloys (Suzhou) Co., Ltd.
100 %
GLS International, Inc.
GLS Trading (Suzhou) Co., Ltd.
100 %
PolyOne Corporation
Hanna-Itasca Company
100 %
PolyOne Corporation
Hanna Proprietary
Limited
100 %
PolyOne Corporation
Hollinger Development Company
100 %
PolyOne Corporation
M.A. Hanna Asia Holding Company
100 %
PolyOne Corporation
M.A. Hanna Export Services Corporation
100 %
PolyOne Corporation
M.A. Hanna Plastic Group, Inc.
100 %
PolyOne
Corporation
NEU Specialty Engineered Materials, LLC
100 %
PolyOne
Corporation
P.I. Europe CV
92 %
PolyOne LLC
8 %
PolyOne
Corporation
Polymer Diagnostics, Inc.
100 %
PolyOne Corporation
PolyOne Canada Inc.
100 %
PolyOne Corporation
PolyOne Controladora S.A.
de C.V.
100 %
PolyOne Corporation
PolyOne Funding Corporation
100
%
PolyOne Corporation
PolyOne Hong Kong Holding Ltd.
100 %
PolyOne
Corporation
PolyOne International Trading (Shanghai) Co., Ltd.
100 %
PolyOne Corporation
PolyOne LLC
100 %
PolyOne Corporation
PolyOne
Engineered Films, Inc.
100 %
PolyOne Corporation
PolyOne Shenzhen Co.
Ltd.
100 %
PolyOne Corporation
PolyOne Singapore Pte. Ltd.
100 %
Conexus, Inc.
PolyOne Termoplasticos do
0.01 %
PolyOne Corporation
Brasil Ltda.
99.99 %
PolyOne Corporation
PolyOne
Vinyl Compounds Asia Holdings Limited
97.2 %
PolyOne Corporation
PolyOne Wilflex Australasia Pty. Ltd.
100 %
M.A. Hanna Asia Holding
Company
Star Color Co. Ltd.
100 %
M.A. Hanna Plastic Group, Inc.
L.E. Carpenter & Company
100 %
M.A. Hanna Plastic Group, Inc.
RA
Products, Inc.
100 %
PolyOne Engineered Films, LLC
O'Sullivan Plastics
LLC
100 %
PolyOne Engineered Films, LLC
Regalite Plastics, LLC
100
%
PolyOne Engineered Films, LLC
Shawnee Holdings, LLC
100 %
PolyOne
Termoplásticos do Brasil Ltda.
Uniplen Indústria de Polímeros Ltda.
100
%
PolyOne Termoplásticos do Brasil Ltda.
Braspenco Indústria de Compostos
Plásticos Ltda.
100 %
PolyOne Controladora, S.A. de C.V.
PolyOne de
Mexico S.A. de C.V.
100 %
PolyOne Canada Inc.
Auseon Ltd.
80 %
The Geon Company Australia Limited
20 %
PolyOne Canada Inc.
The Geon
Company Australia Limited
100 %
PolyOne Canada Inc.
LP Holdings Inc.
100 %
PolyOne Canada Inc.
PolyOne Funding Canada Corporation
100 %
P.I. Europe C.V.
PolyOne International Finance Company
100 %
P.I.
Europe C.V.
PolyOne Management International Holding, S.L. (ETVE)
100 %
PolyOne Management International Holding, S.L. (ETVE)