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AMENED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF SHC-KPH, LP

Limited Partnership Agreement

AMENED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF SHC-KPH, LP | Document Parties: HHC Kingwood Investment, LLC | Kingwood Pines Hospital, LLC | National Registered Agents, Inc | Revised Limited Partnership | SHC-KPH, LP You are currently viewing:
This Limited Partnership Agreement involves

HHC Kingwood Investment, LLC | Kingwood Pines Hospital, LLC | National Registered Agents, Inc | Revised Limited Partnership | SHC-KPH, LP

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Title: AMENED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF SHC-KPH, LP
Date: 7/25/2007

AMENED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF SHC-KPH, LP, Parties: hhc kingwood investment  llc , kingwood pines hospital  llc , national registered agents  inc , revised limited partnership , shc-kph  lp
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EXHIBIT 3.183
AMENDED AND RESTATED
LIMITED PARTNERSHIP AGREEMENT
OF
SHC-KPH, LP
     This Limited Partnership Agreement is made and entered into this 31st day of May, 2007, by and between Kingwood Pines Hospital, LLC, a Texas limited liability company, the principal place of business of which is 6640 Carothers Parkway, Suite 500 Franklin, TN 37067, as the general partner (the “General Partner”), and HHC Kingwood Investment, LLC, a Delaware limited liability company, the principal place of business of which is 6640 Carothers Parkway, Suite 500 Franklin, TN 37067, as the limited partner (the “Limited Partner”). (The General Partner and Limited Partner are collectively referred to herein as the “Partners.”)
     The Partners hereby agree as follows:
ARTICLE 1.
GENERAL
     1.1 Formation . The Partners hereby form SHC-KPH, LP (the “Partnership”) as a limited partnership under the Texas Revised Limited Partnership Act (the “Limited Partnership Act”).
     1.2 Name . The name of the Partnership shall be “SHC-KPH, LP” and all business of the Partnership shall be conducted in such name; provided, however, the General Partner may change the name of the Partnership at any time and from time to time by notice to the Limited Partner.
     1.3 Purpose . The purpose of the Partnership is to engage in any lawful act or activity in which a limited partnership may engage under the Limited Partnership Act including, without limitation, the acquisition, development, construction, owning, mortgaging, encumbering, leasing, disposition, improvement of and otherwise dealing with real property and related personal property.
     1.4 Term . The term of the Partnership shall commence upon filing of the Certificate of Limited Partnership of SHC-KPH, LP (the “Certificate”) with the Texas Secretary of State and shall continue until the completion of the Partnership’s dissolution, winding up, and liquidation as provided herein.
     1.5 Place of Business . The Partnership may have such places of business within the United States of America as the General Partner determines to be appropriate from time to time.
     1.6 Registered Agent . The registered agent for service of process on the Partnership in the State of Texas shall be National Registered Agents, Inc., 350 N. St. Paul St., Suite 2900, Dallas, Texas 75201, or such other person as the General Partner may designate from time to time.

 


 
     1.7 Filings . The General Partner has executed and shall cause to be filed the Certificate in the office of the Texas Secretary of State, in accordance with the provisions of the Limited Partnership Act, and shall execute and file such other certificates or documents required by any state or other jurisdiction in which the Partnership engages in business. The General Partner shall take any and all other actions reasonably necessary to perfect and maintain the status of the Partnership as a limited partnership and shall execute and file for public record any and all filings in all places and at such times as necessary for the continuation of and transaction of business by the Partnership.
ARTICLE 2.
CAPITAL CONTRIBUTIONS AND CAPITAL ACCOUNTS
     2.1 General Partner . The General Partner shall contribute the sum of One Dollar ($1.00) as and for the General Partner’s initial capital contribution for its general partnership interest in the Partnership. Except as provided in this Section 2.1, the General Partner shall not be required to make any other capital contributions to the Partnership.
     2.2 Contribution of Limited Partner . The Limited Partner shall contribute the sum of Ninety-Nine Dollars ($99.00) to the Partnership as and for its initial capital contribution for its limited partnership interest in the Partnership.
     2.3 No Right to Demand Capital Contributions; No Priorities . Except as otherwise provided in this Agreement and permitted by the Limited Partnership Act, the Limited Partner shall not demand or receive a return of all or a portion of its capital contributions or withdraw from the Partnership without the written consent of the General Partner. Under circumstances requiring a return of any capital contributions, no Partner shall have the right to receive property other than cash except as may be specifically provided herein. No Partner shall have priority over any other Partner, either with respect to the return of capital contributions or with respect to profits, losses or distributions.
     2.4 No Interest on Capital Contributions . No Partner shall receive any interest, salary or drawing with respect to its capital contributions or its capital account or for services rendered to the Partnership or otherwise in its capacity as a Partner, except as otherwise provided in this Agreement.
     2.5 Limited Liability . The Limited Partner shall not be liable for the debts, liabilities, contracts or any other obligations of the Partnership. Except as otherwise provided by applicable law, the Limited Partner shall be liable only to make its capital contributions and shall not be required to lend any funds to the Partnership or, after its initial capital contribution has been made, to make any additional capital contributions to the Partnership. Except as otherwise provided in this Agreement, the General Partner shall not have any personal liability for the repayment of any capital contributions of the Limited Partner. The Limited Partner shall not participate in the control of the business of the Partnership.
     2.6 Establishment of Capital Accounts . A capital account shall be established and maintained for each Partner in accordance with Section 704(b) of the Internal Revenue Code of 294483-1 1986, as amended from time to time (the “Code”), the U.S. Treasury Regulations promulgated thereunder (the “Regulations”) and this Agreement.

 


 
ARTICLE 3.
ALLOCATIONS AND DISTRIBUTIONS
     3.1 Participation in Profits or Losses . Profits or losses of the Partnership, including all items of income, gain, loss, deduction, and credit, for each fiscal >ear shall be allocated one percent (1%) to the General Partner and ninety-nine percent (99%) to the Limited Partner.
     3.2 Basis for Determining Profits or Losses . For purposes of determining the profits, losses, and each item thereof allocable to any period, profits, losses, and each item thereof shall be determined on a daily, monthly, or other basis, as determined by the General Partner using any permissible method under Code Section 706 and the Regulations thereunder.
     3.3 Distributions . Except as otherwise provided in Article 7 hereof, distributions of cash or other property shall be made, at such times as the General Partner may determine, one percent (1%) to the General Partner and ninety-nine percent (99%) to the Limited Partner.
ARTICLE 4.
MANAGEMENT
     4.1 Management of the Partnership . The General Partner shall have full, exclusive and complete charge of all affairs and business of the Partnership and of the management and control of the Partnership, subject only to the limitations in this Agreement. The General Partner shall have all the rights and powers that may be possessed by a general partner under the Limited Partnership Act and such rights and powers as are otherwise conferred by law or it deems necessary, advisable or convenient in managing the business and affairs of the Partnership.
     4.2 Limited Role of Limited Partner . Except as otherwise set forth in this Section 4.2, the Limited Partner shall not take part in, or interfere in any manner with, the conduct or control of the business or affairs of the Partnership or have any authority to act for, or on behalf of, the Partnership; provided, however, at the sole and absolute discretion of the General Partner, the Limited Partner may possess and exercise any of the powers allowed to be possessed or exercised by a limited partner under the Limited Partnership Act without the Limited Partner being deemed to participate in the control of the Partnership’s business.
     4.3 Exculpation of General Partner . No act or omission by the Partnership or the General Partner, except gross negligence or willful misconduct, shall ever subject the General Partner or its parent corporation, their shareholders, officers, directors, employees, or agents to any liability to the Partnership or any Partner. The foregoing exculpation and exoneration expressly covers acts or omissions which constitute or are accompanied by simple, common or ordinary negligence.
     4.4 Indemnification of General Partner . To the fullest extent provided by law, the Partnership shall indemnify the General Partner and its parent corporation, their shareholders, 294483-1 officers, directors, partners, agents and employees, and hold them harmless from and against all claims and liabilities arising from, or related to, any qualified act or omission of the Partnership and/or the General Partner under this Agreement, including all damages, judgments, fees, settlements, costs and attorneys’ fees actually and reasonably paid or incurred by the General Partner or its parent corporation in connection with any action, claim, suit or proceeding covered by this indemnity. A “qualified act or omission” for purposes of this Section 4.4 is an act or omission done in good faith or in a manner the

 


 
General Partner or its. parent corporation reasonably believed to be in, or not opposed to, the best interest of the Partnership.
ARTICLE 5.
TRANSFERS OF INTERESTS
     5.1 Voluntary Transfers by General Partner . The General Partner shall have the right to sell, assign, transfer, give or in any other way dispose of its entire interest as general partner of the Partnership. Prior to the effective date of such sale, assignment or transfer, such purchaser, assignee or transferee shall be admitted as an additional general partner of the Partnership and is hereby authorized to continue the business of the Partnership without dissolution. Upon such a sale or other disposition, the General Partner shall cease to be a general partner of the Partnership as provided in Article 6. Notwithstanding anything in this Agreement to the contrary, the General Partner may pledge, encumber, or otherwise give as collateral for loans or other indebtedness, its general partnership interest in the Partnership without notice to or the consent of the Limited Partner; upon any

 
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