- 7 - ambulatory surgical centers and has the expertise necessary to operate ambulatory surgical centers; and WHEREAS, RHS and SCA Centers desire to enter into a Partnership to be equally controlled by representatives of the Partners. NOW, THEREFORE, in consideration of the mutual covenants herein contained, SCA Centers and RHS agree to be partners in a general partnership (the "Partnership") pursuant to the California Uniform Partnership Act (the "Act") on the terms and conditions hereinafter set forth. 1. Name and Purpose. (a) The Partnership shall be carried on under the name of Redlands Ambulatory Surgery Center or such other name as may be selected by the Managing Directors. The Partnership has been formed to acquire a 61 percent general partner interest (the "General Partner Interest") in a California limited partnership (the "Operating Partnership") which owns and operates a freestanding ambulatory surgery center in Redlands, California known as the Inland Surgery Center (the "Center"). The Partnership may engage in any and all other activities as may be necessary, incidental or convenient to carry out the business of the Partnership as contemplated by this Agreement. * * * * * * * 3. Term. The Partnership shall commence on April 30, 1990, or such later date as the Partners shall mutually agree, and shall continue until March 31, 2020, or such other date as the partners shall mutual [sic] agree. 4. Management.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011