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Exhibit
3.120
AGREEMENT OF LIMITED
PARTNERSHIP
OF
GREEN OAKS HOSPITAL
SUBSIDIARY
LIMITED
PARTNERSHIP
The undersigned parties,
being all of the partners (the “Partners”) of GREEN
OAKS HOSPITAL SUBSIDIARY, L.P. (the “Limited
Partnership”), a Texas limited partnership, hereby form the
Limited Partnership pursuant to the provisions of the Texas Revised
Limited Partnership Act (the “Act”), and hereby agree
that the ownership interests in the Limited Partnership and the
capital contributions of the Partners are as follows:
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Name and
Address
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Percentage
Ownership
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Initial
Contribution
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SOLE GENERAL PARTNER:
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Columbia North Texas
Subsidiary GP, LLC
One Park Plaza
Nashville, Tennessee
37203
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.01 |
% |
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$ |
.01 |
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SOLE LIMITED PARTNER:
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Columbia North Texas
Healthcare
System, L.P.
One Park Plaza
Nashville, Tennessee
37203
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99.99 |
% |
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$ |
99.99 |
Neither Partner shall be
required to make any additional contributions of capital to the
Limited Partnership, although the Partners may from time to time
agree to make additional contributions to the Limited
Partnership,
The Limited Partnership may
engage in any lawful business permitted by the Act, including
without limitation, acquiring, constructing, developing, owning,
operating, selling leasing, financing and otherwise dealing with
real property and health care businesses.
The address of the registered
and principal office of the Limited Partnership in the State of
Texas is c/o Corporation Service Company d/b/a CSC-Lawyers
Incorporating Service Company 800 Brazos, Austin TX 78701 and the
name and address of the registered agent for service of process on
the Limited Partnership in the State of Texas is Corporation
Service Company d/b/a CSC-Lawyers Incorporating Service Company 800
Brazos, Austin, Texas 78701. The address of the principal office
where records are required to be kept or made available is One Park
Plaza, Nashville, TN 37203.
The Limited Partnership shall
be terminated and dissolved upon the earlier of (I) the mutual
agreement of the Partners of (ii) December 31,
2050.
Prior to the dissolution of
the Partnership, no Partner shall have the right to receive any
distributions of or return of its capital contribution.
All distributions and all
allocations of income, gains, losses and credits shall be made in
accordance with the percentage Ownership of each
Partner.
The General Partner shall
have the exclusive right and full power and authority to manage,
control, conduct and operate the business of the Partnership, and
may take any and all action without the consent of the Limited
Partner
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