EXHIBIT 1
AGREEMENT
WHEREAS, The TCW Group, Inc. ("TCWG"), Trust Company of the West
("TCW"), TCW Asset Management Company ("TAMCO"), TCW Special Credits
("Special Credits"), and TCW Special Credits Fund III and TCW Special Credits
Fund IIIb (collectively, the "Special Credits Limited Partnerships"), and TCW
Special Credits Fund V - The Principal Fund ("The Principal Fund"), and TCW
Special Credits Trust and TCW Special Credits Trust IIIb (collectively,
Special Credits Trusts"), and Oaktree Capital Management, LLC ("Oaktree"),
individually or collectively, may be deemed to be a beneficial owner within
the meaning of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), for purposes of Section 13(d) of the Exchange Act of the Common Stock,
$0.01 par value per share, of Triangle Pacific Corporation, a Delaware
corporation; and
WHEREAS, TCWG, TCW, TAMCO, Special Credits, Special Credits Limited
Partnerships, Special Credits Trusts, The Principal Fund, and Oaktree each
desires to satisfy any filing obligation each may have under Section 13(d) of
the Exchange Act by filing a single Schedule 13D pursuant to such Section
with respect to each class of securities.
NOW THEREFORE, TCWG, TCW, TAMCO, Special Credits, Special Credits
Limited Partnerships, Special Credits Trusts, The Principal Fund, and Oaktree
agree to file a Schedule 13D under the Exchange Act relating to the Common
Stock of Triangle Pacific Corporation and agree further to file any such
amendments thereto as may become necessary unless and until such time as one
of the parties shall give written notice to the other parties of this
Agreement that it wishes to file a separate Schedule 13D relating to the
Common Stock of Triangle Pacific, provided that each person on whose behalf
the Schedule 13D or any amendment is filed is responsible for the timely
filing of such Schedule 13D and any amendments thereto necessitated by the
actions or intentions of such person and for the completeness and accuracy of
the information pertaining to it and its actions and intentions.
The Agreement may be executed in two or more counterparts, each of which
shall constitute but one instrument.
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Dated as of 19th day of July, 1995.
THE TCW GROUP, INC.
_______________________________________
Xxxxxxx X. Xxxxxx
Managing Director and General Counsel
TRUST COMPANY OF THE WEST
_______________________________________
Xxxxxxx Xxxxx, Authorized Signatory
TCW ASSET MANAGEMENT COMPANY
_______________________________________
Xxxxxxx Xxxxx, Authorized Signatory
TCW SPECIAL CREDITS
________________________________________
Xxxxxxx Xxxxx, Authorized Signatory of
TCW Asset Management Company,
the Managing General Partner of
TCW Special Credits
TCW SPECIAL CREDITS FUND III
_________________________________________
Xxxxxxx Xxxxx, Authorized Signatory of
TCW Asset Management Company,
the Managing General Partner of
TCW Special Credits, the General
Partner of TCW Special Credits Fund III
TCW SPECIAL CREDITS FUND IIIb
_________________________________________
Xxxxxxx Xxxxx, Authorized Signatory of
TCW Asset Management Company,
the Managing General Partner of
TCW Special Credits, the General
Partner of TCW Special Credits Fund IIIb
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TCW SPECIAL CREDITS FUND V - THE PRINCIPAL FUND
_________________________________________
Xxxxxxx Xxxxx, Authorized Signatory of
TCW Asset Management Company, the
General Partner of TCW Special Credits
Fund V - The Principal Fund
TCW SPECIAL CREDITS TRUST
_________________________________________
Xxxxxxx Xxxxx, Authorized Signatory of
Trust Company of the West, the trustee of
TCW Special Credits Trust
TCW SPECIAL CREDITS TRUST IIIb
_________________________________________
Xxxxxxx Xxxxx, Authorized Signatory of
Trust Company of the West, the trustee of
TCW Special Credits Trust IIIb
OAKTREE CAPITAL MANAGEMENT, LLC
_________________________________________
Xxxxxxx Xxxxx, Managing Director and
General Counsel
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