Common use of Notices and Delivery Clause in Contracts

Notices and Delivery. 39 Section 12.8. Counterpart Execution; Facsimile Execution..................................................40 Section 12.9. Statutory Provisions........................................................................40 Section 12.10. Waiver of Partition.........................................................................40 Section 12.11. Change In Law...............................................................................40 Section 12.12. Investment Representations of the Members...................................................42 Section 12.13. Decisions by Investor Manager...............................................................43 Section 12.14. Referrals to Hospital and Ownership of Shares of Common Stock of MedCath Incorporated.......43 Section 12.15. Exhibits....................................................................................43 EXHIBIT 10.17 OPERATING AGREEMENT OF HEART HOSPITAL OF BK, LLC A North Carolina Limited Liability Company THESE SECURITIES ARE BEING ISSUED PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933 AND THE CALIFORNIA SECURITIES ACT IN RELIANCE UPON THE REPRESENTATION OF EACH PURCHASER OF THE SECURITIES THAT THE SAME ARE BEING ACQUIRED FOR INVESTMENT PURPOSES. THESE SECURITIES MAY ACCORDINGLY NOT BE RESOLD OR OTHERWISE TRANSFERRED OR CONVEYED IN THE ABSENCE OF REGISTRATION OF THE SAME PURSUANT TO THE APPLICABLE SECURITIES LAWS UNLESS AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY IS FIRST OBTAINED THAT SUCH REGISTRATION IS NOT THEN NECESSARY. ANY TRANSFER CONTRARY HERETO SHALL BE VOID. THIS OPERATING AGREEMENT (the "Agreement") of HEART HOSPITAL OF BK, LLC (the "Company"), a North Carolina Limited Liability Company is made and entered into by and among the Company and HHBF, Inc., a North Carolina corporation ("HHBF"), as a Member and each of the other parties identified on the Information Exhibit as Members (the "Investor Members").

Notices and Delivery. 39 Section 34 SECTION 12.8. Counterpart Execution; Facsimile Execution..................................................40 Section ................................................34 SECTION 12.9. Statutory Provisions........................................................................40 Section ......................................................................34 SECTION 12.10. Waiver of Partition.........................................................................40 Section ......................................................................34 SECTION 12.11. Change In Law...............................................................................40 Section ............................................................................35 SECTION 12.12. Investment Representations of the Members...................................................42 Section ................................................35 SECTION 12.13. Decisions by Investor Manager...............................................................43 Section ............................................................36 SECTION 12.14. Referrals to Hospital and Ownership of Shares of Common Stock of MedCath Incorporated.......43 Section .....................................................................36 SECTION 12.15. Exhibits....................................................................................43 .................................................................................37 EXHIBIT 10.17 A: Information Exhibit. EXHIBIT B: Glossary of Terms. EXHIBIT C: Development Budget Exhibit. EXHIBIT D: Regulatory Allocations. AMENDED AND RESTATED OPERATING AGREEMENT OF HEART HOSPITAL OF BKDTO, LLC A North Carolina Limited Liability Company NORTH CAROLINA LIMITED LIABILITY COMPANY THESE SECURITIES ARE BEING ISSUED PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933 AND THE CALIFORNIA OHIO SECURITIES ACT IN RELIANCE UPON THE REPRESENTATION OF EACH PURCHASER OF THE SECURITIES THAT THE SAME ARE BEING ACQUIRED FOR INVESTMENT PURPOSES. THESE SECURITIES MAY ACCORDINGLY NOT BE RESOLD OR OTHERWISE TRANSFERRED OR CONVEYED IN THE ABSENCE OF REGISTRATION OF THE SAME PURSUANT TO THE APPLICABLE SECURITIES LAWS UNLESS AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY IS FIRST OBTAINED THAT SUCH REGISTRATION IS NOT THEN NECESSARY. ANY TRANSFER CONTRARY HERETO SHALL BE VOID. THIS AMENDED AND RESTATED OPERATING AGREEMENT (the "Agreement") of HEART HOSPITAL OF BKHeart Hospital of DTO, LLC (the "Company"), a North Carolina Limited Liability Company limited liability company is made and entered into by and among DTO Management and the Company and HHBF, Inc., a North Carolina corporation ("HHBF"), as a Member and each of the other parties identified on the Information Exhibit as Members (the "Investor Members").

Notices and Delivery. 39 Section 12.8. Counterpart Execution; Facsimile Execution..................................................40 39 Section 12.9. Statutory Provisions........................................................................40 39 Section 12.10. Waiver of Partition.........................................................................40 39 Section 12.11. Change In Law...............................................................................40 Section 12.12. Investment Representations of the Members...................................................42 40 Section 12.13. Decisions by Investor Manager...............................................................43 Directors......................................................................41 Section 12.14. Referrals to Hospital and Ownership of Shares of Common Stock of MedCath Incorporated.......43 ........................................................................41 Section 12.15. Exhibits....................................................................................43 EXHIBIT 10.17 42 AMENDED AND RESTATED OPERATING AGREEMENT OF HEART HOSPITAL OF BK, LLC A North Carolina Limited Liability Company THESE SECURITIES ARE BEING ISSUED PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933 AND THE CALIFORNIA SECURITIES ACT IN RELIANCE UPON THE REPRESENTATION OF EACH PURCHASER OF THE SECURITIES THAT THE SAME ARE BEING ACQUIRED FOR INVESTMENT PURPOSES. THESE SECURITIES MAY ACCORDINGLY NOT BE RESOLD OR OTHERWISE TRANSFERRED OR CONVEYED IN THE ABSENCE OF REGISTRATION OF THE SAME PURSUANT TO THE APPLICABLE SECURITIES LAWS UNLESS AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY IS FIRST OBTAINED THAT SUCH REGISTRATION IS NOT THEN NECESSARY. ANY TRANSFER CONTRARY HERETO SHALL BE VOID. THIS AMENDED AND RESTATED OPERATING AGREEMENT (the "Agreement") of HEART HOSPITAL OF BK, LLC (the "Company"), a North Carolina Limited Liability Company is made and entered into by and among the Company and HHBF, Inc., a North Carolina corporation ("HHBF"), as a Member and each of the other parties identified on the Information Exhibit as Members (the "Investor Members").

Notices and Delivery. 39 Section 36 SECTION 12.8. Counterpart Execution; Facsimile Execution..................................................40 Section ................................................36 SECTION 12.9. Statutory Provisions........................................................................40 Section ......................................................................36 SECTION 12.10. Waiver of Partition.........................................................................40 Section ......................................................................36 SECTION 12.11. Change In Law...............................................................................40 Section ............................................................................37 SECTION 12.12. Investment Representations of the Members...................................................42 Section ................................................38 SECTION 12.13. Decisions by Investor Manager...............................................................43 Section ............................................................39 SECTION 12.14. Referrals to Hospital and Ownership of Shares of Common Stock of MedCath Incorporated.......43 Section ...................................................................................39 SECTION 12.15. Exhibits....................................................................................43 .................................................................................39 EXHIBIT 10.17 A: Information Exhibit. EXHIBIT B: Glossary of Terms. EXHIBIT C: Development Budget Exhibit. EXHIBIT D: Regulatory Allocations. OPERATING AGREEMENT OF HEART HOSPITAL OF BKDTO, LLC A North Carolina Limited Liability Company THESE SECURITIES ARE BEING ISSUED PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933 AND THE CALIFORNIA OHIO SECURITIES ACT IN RELIANCE UPON THE REPRESENTATION OF EACH PURCHASER OF THE SECURITIES THAT THE SAME ARE BEING ACQUIRED FOR INVESTMENT PURPOSES. THESE SECURITIES MAY ACCORDINGLY NOT BE RESOLD OR OTHERWISE TRANSFERRED OR CONVEYED IN THE ABSENCE OF REGISTRATION OF THE SAME PURSUANT TO THE APPLICABLE SECURITIES LAWS UNLESS AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY IS FIRST OBTAINED THAT SUCH REGISTRATION IS NOT THEN NECESSARY. ANY TRANSFER CONTRARY HERETO SHALL BE VOID. THIS OPERATING AGREEMENT (the "Agreement") of HEART HOSPITAL OF BKHeart Hospital of DTO, LLC (the "Company"), a North Carolina Limited Liability Company is made and entered into by and among the Company Persons whose names addresses and HHBF, Inc., a North Carolina corporation ("HHBF"), as a Member and each of the other parties identified taxpayer identification number are listed on the Information Exhibit as Members (the "Investor Members")Exhibit.

Notices and Delivery. 39 31 Section 12.8. 11.7 Counterpart Execution; : Facsimile Execution..................................................40 Execution ............... 32 Section 12.9. 11.8 Statutory Provisions........................................................................40 Provision ...................................... 32 Section 12.10. 11.9 Waiver of Partition.........................................................................40 Partition ...................................... 32 Section 12.11. 11.10 Change In Law...............................................................................40 Law ............................................ 32 Section 12.12. 11.11 Investment Representations of the Members...................................................42 Members ................ 36 Section 12.13. Decisions by Investor Manager...............................................................43 Section 12.14. Referrals to Hospital and Ownership of Shares of Common Stock of MedCath Incorporated.......43 Section 12.15. Exhibits....................................................................................43 EXHIBIT 10.17 11.12 Exhibits ................................................. 37 AMENDED AND RESTATED OPERATING AGREEMENT OF HEART HOSPITAL OF BKNEW MEXICO, LLC A North Carolina New Mexico Limited Liability Company THESE SECURITIES ARE BEING ISSUED PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933 AND THE CALIFORNIA NEW MEXICO SECURITIES ACT IN RELIANCE UPON THE REPRESENTATION OF EACH PURCHASER OF THE SECURITIES THAT THE SAME ARE BEING ACQUIRED FOR INVESTMENT PURPOSES. THESE SECURITIES MAY ACCORDINGLY NOT BE RESOLD OR OTHERWISE TRANSFERRED OR CONVEYED IN THE ABSENCE OF REGISTRATION OF THE SAME PURSUANT TO THE APPLICABLE SECURITIES LAWS UNLESS AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY IS FIRST OBTAINED THAT SUCH REGISTRATION IS NOT THEN NECESSARY. ANY TRANSFER CONTRARY HERETO SHALL BE VOID. THIS AMENDED AND RESTATED OPERATING AGREEMENT (the "Agreement") of HEART HOSPITAL OF BKHeart Hospital of New Mexico, LLC (the "Company"), a North Carolina New Mexico Limited Liability Company Company, is made and entered into by and among the Company Persons whose names, addresses and HHBF, Inc., a North Carolina corporation ("HHBF"), as a Member and each of the other parties identified taxpayer identification numbers are listed on the Information Exhibit as Members (the "Investor Members"Exhibit B).