http://minus.com/mbd6tApynq5Qyc
I am an xbox user.
I am going to enchant them and called them Pimp pants or Swag pants.
Those who voted other can Suggest a name for them.
Depends, if you walk like you have a watermelon stuck between your legs , then swag pants is the name you're looking for.
How about...
"Pants of bugged game that is missing a texture file".