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Exhibit 4.31
  ELEVENTH AMENDMENT AND CONSENT
to
SECOND AMENDED AND RESTATED CREDIT AGREEMENT
 Amendment Industries Dynamics Tweco Victor C & G Stoody Thermal Arc ProTip International Borrowers Agent Annex A
 RECITALS
 Credit Agreement
 TSA Plant Rental Van Zyl Plant Rental Acquisition Plant
Rental Sale Plant Rental Transaction Maxwell
Acquisition TSA Acquisition Crous Transactions
   Consents
 Plant Rental Transaction




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Section
l(A)(ii)
 Section 1(A)(i)
    Crous Transactions
 Section
l(B)(ii)
 Section 1(B)(i)
    Limited Waiver
 Amendment to Section 6.2
 2




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Representations and Warranties of Credit Parties
   Conditions To Effectiveness
   Section
11.3(a)
 Reference To And Effect Upon The Credit Agreement
   3




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Governing Law
 Headings
 Counterparts
 Reaffirmation of Guaranties
  4




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LENDER:GENERAL ELECTRIC CAPITAL CORPORATION,
as Agent and LenderBy:
    
    /s/ [ILLEGIBLE]

     Duly Authorized SignatoryCREDIT PARTIES:THERMADYNE INDUSTRIES, INC.By:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.THERMAL DYNAMICS CORPORATIONBy:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.TWECO PRODUCTS, INC.By:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.VICTOR EQUIPMENT COMPANYBy:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.
 S-1




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C & G SYSTEMS, INC.By:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.STOODY COMPANYBy:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.THERMAL ARC, INC.By:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.THERMADYNE
INTERNATIONAL CORP.By:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.PROTIP CORPORATIONBy:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.




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THERMADYNE HOLDINGS CORPORATIONBy:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.MECO HOLDING COMPANYBy:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.C&G SYSTEMS HOLDING, INC.By:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.THERMADYNE AUSTRALIA PTY LTD.By:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.DUXTECH PTY LTD.By:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.CIGWELD PTY LTD.By:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.




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QUETALA PTY. LTD.By:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.QUETACK PTY. LTD.By:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.THERMADYNE WELDING PRODUCTS CANADA LIMITEDBy:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.THERMADYNE INDUSTRIES LIMITEDBy:
Name:
    
    /s/ Patricia S. Williams

PATRICIA S. WILLIAMSTitle:
    
    V. P. SECTY & G. C.