Enforcement of Voting Rights Sample Clauses

Enforcement of Voting Rights. In the event that after December 15, 2004 the Company does not pay interest in cash on four consecutive Interest Payment Dates (as defined in the Indenture) or on six Interest Payment Dates, each of the DLJ Buyers agrees to cause, to the extent such DLJ Buyers and their affiliates shall have the power to cause, two people selected by the Holders (as defined in the Indenture) of a majority of the Accreted Value (as defined in the Indenture) of the Notes, voting as a single class, to be elected to the Board of Directors of Parent. Further, each of the DLJ Buyers agrees to cause, to the extent such DLJ Buyers shall have the power to cause, such directors to serve on the Board of Directors of Parent until such time as the Company pays interest in cash on four consecutive Interest Payment Dates following their election.

Enforcement of Voting Rights. 22 EXHIBITS Exhibit A -- Form of Notes, including attached Form of Indenture Exhibit B -- Form of Registration Rights Agreement Exhibit C -- Form of Warrants SCHEDULE Schedule 3.05 -- Subsidiaries SUBSCRIPTION AGREEMENT AGREEMENT dated as of December 22, 1999 by and among DLJ Merchant Banking Partners II, L.P., DLJ Merchant Banking Partners II-A, L.P., DLJ Offshore Partners II, C.V., DLJ Diversified Partners, L.X., XXX Xxxxxxxxxxx Xxxxxxxx-X, X.X., XXXXX Xxxding II, Inc., DLJ Millennium Partners, L.P., DLJ Millennium Partners-A, L.P., DLJ EAB Partners, L.P., DLJ ESC II L.P. and DLJ First ESC, L.P., (each of the foregoing, a "DLJ Buyer", and collectively, the "DLJ Buyers" and sometimes referred to as the "Buyers"), Thermadyne Holdings Corporation, a Delaware corporation ("Parent"), and Thermadyne Mfg. LLC, a Delaware limited liability company and a wholly-owned subsidiary of Parent (the "Company").