{"component": "clause", "props": {"groups": [{"size": 8, "samples": [{"hash": "kdFERKRlOSY", "uri": "/contracts/kdFERKRlOSY#interdependence", "label": "Share Sale and Shareholders Agreement (Responsys Inc)", "score": 20.2539348602, "published": true}, {"hash": "21lTMN20in3", "uri": "/contracts/21lTMN20in3#interdependence", "label": "Share Sale and Shareholders Agreement (Responsys Inc)", "score": 20.1033535004, "published": true}], "snippet": "The requirements of clauses 9.2 and 9.3 are interdependent and must be carried out contemporaneously. No delivery or payment will be taken to have been made until all deliveries and payments have been made.", "snippet_links": [{"key": "the-requirements", "type": "clause", "offset": [0, 16]}, {"key": "no-delivery", "type": "clause", "offset": [102, 113]}, {"key": "deliveries-and-payments", "type": "clause", "offset": [167, 190]}], "hash": "8567335de5863767a718c671cd00cc10", "id": 1}, {"size": 2, "samples": [{"hash": "eN1RZk4S5rY", "uri": "/contracts/eN1RZk4S5rY#interdependence", "label": "Contribution Agreement (Modine Manufacturing Co)", "score": 21.0, "published": true}, {"hash": "e1rCp0E0wUE", "uri": "/contracts/e1rCp0E0wUE#interdependence", "label": "Contribution Agreement (Transpro Inc)", "score": 19.0, "published": true}], "snippet": "The transfers and deliveries described in this Article II are mutually interdependent and are to be regarded as occurring simultaneously on the Closing Date and prior to the closing of the Spin Off and Merger unless otherwise indicated on Schedule 2.1. Unless agreed to in writing by the Contributors, Newco and Transpro, no such transfer or delivery will become effective until all other transfers and deliveries provided for in this Article II have also become effective.", "snippet_links": [{"key": "the-transfers", "type": "clause", "offset": [0, 13]}, {"key": "article-ii", "type": "definition", "offset": [47, 57]}, {"key": "the-closing-date", "type": "clause", "offset": [140, 156]}, {"key": "prior-to-the-closing", "type": "clause", "offset": [161, 181]}, {"key": "the-spin", "type": "clause", "offset": [185, 193]}, {"key": "unless-otherwise-indicated", "type": "clause", "offset": [209, 235]}, {"key": "on-schedule", "type": "definition", "offset": [236, 247]}, {"key": "agreed-to", "type": "definition", "offset": [260, 269]}, {"key": "in-writing", "type": "clause", "offset": [270, 280]}, {"key": "become-effective", "type": "clause", "offset": [356, 372]}, {"key": "other-transfers", "type": "clause", "offset": [383, 398]}], "hash": "96ac899e4ed95ce18745dac132c48eee", "id": 10}, {"size": 3, "samples": [{"hash": "aa26TR3bFrt", "uri": "/contracts/aa26TR3bFrt#interdependence", "label": "Spin Off Agreement", "score": 30.3408622742, "published": true}, {"hash": "cBhh88inayV", "uri": "/contracts/cBhh88inayV#interdependence", "label": "Spin Off Agreement (Booz Allen Hamilton Holding Corp)", "score": 21.4681720734, "published": true}], "snippet": "The transfers and deliveries described in this Article II are mutually interdependent and, except as otherwise set forth herein, are to be regarded as occurring prior to the closing of the Merger. Unless otherwise set forth herein or agreed to in writing by the applicable Parties, no such transfer or delivery shall become effective until all other transfers and deliveries provided for in this Article II have also become effective.", "snippet_links": [{"key": "the-transfers", "type": "clause", "offset": [0, 13]}, {"key": "article-ii", "type": "definition", "offset": [47, 57]}, {"key": "the-closing-of-the-merger", "type": "clause", "offset": [170, 195]}, {"key": "agreed-to", "type": "definition", "offset": [234, 243]}, {"key": "in-writing", "type": "clause", "offset": [244, 254]}, {"key": "applicable-parties", "type": "clause", "offset": [262, 280]}, {"key": "become-effective", "type": "clause", "offset": [317, 333]}, {"key": "other-transfers", "type": "clause", "offset": [344, 359]}], "hash": "466732cf2f220d44ec2c8f7b65c9d8fd", "id": 7}, {"size": 7, "samples": [{"hash": "jfykwOfzBIP", "uri": "/contracts/jfykwOfzBIP#interdependence", "label": "Share Sale Agreement (Ansell LTD)", 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at or immediately after completion (as defined in each Linked Transaction Agreement) have been made.\n(c) A breach of this agreement by any party to this agreement is deemed to constitute a breach by the defaulting party of each Linked Transaction Agreement to which the defaulting party is a party.", "snippet_links": [{"key": "a-linked", "type": "clause", "offset": [37, 45]}, {"key": "subject-to-clause-4", "type": "clause", "offset": [72, 91]}, {"key": "the-co", "type": "clause", "offset": [95, 101]}, {"key": "the-obligations-of-the-parties", "type": "clause", "offset": [124, 154]}, {"key": "linked-transaction-agreements", "type": "definition", "offset": [162, 191]}, {"key": "in-respect-of", "type": "clause", "offset": [192, 205]}, {"key": "actions-at-completion", "type": "clause", "offset": [347, 368]}, {"key": "no-delivery", "type": "clause", "offset": [499, 510]}, {"key": "deliveries-and-payments", "type": "clause", "offset": [565, 588]}, {"key": "immediately-after-completion", "type": "clause", "offset": [650, 678]}, {"key": "breach-of-this-agreement", "type": "definition", "offset": [751, 775]}, {"key": "party-to-this-agreement", "type": "clause", "offset": [783, 806]}, {"key": "breach-by", "type": "clause", "offset": [833, 842]}, {"key": "defaulting-party", "type": "definition", "offset": [847, 863]}, {"key": "agreement-to", "type": "definition", "offset": [891, 903]}, {"key": "a-party", "type": "clause", "offset": [934, 941]}], "hash": "bff1881261f848e1aa47a5352bddda90", "id": 2}, {"size": 6, "samples": [{"hash": "4gAkNFOwATD", "uri": "/contracts/4gAkNFOwATD#interdependence", "label": "Membership Interest Purchase Agreement (CRAWFORD UNITED Corp)", "score": 32.0554428101, "published": true}, {"hash": "jm2taqe3EAk", "uri": "/contracts/jm2taqe3EAk#interdependence", "label": "Share Purchase Agreement", "score": 31.3408622742, "published": true}, {"hash": "fidopOZltQJ", "uri": "/contracts/fidopOZltQJ#interdependence", "label": "Share Purchase Agreement (Installed Building Products, Inc.)", "score": 27.8309383392, "published": true}], "snippet": "The sale and other transfers and deliveries described herein shall be mutually interdependent and regarded as occurring simultaneously as of the Closing, and, unless a particular transfer or delivery is waived by the party entitled to the benefit of such sale, transfer or delivery, no such sale, transfer or delivery shall become effective unless and until all the other transfers and deliveries provided for herein have also been consummated.", "snippet_links": [{"key": "the-sale", "type": "clause", "offset": [0, 8]}, {"key": "other-transfers", "type": "clause", "offset": [13, 28]}, {"key": "the-closing", "type": "definition", "offset": [141, 152]}, {"key": "the-party", "type": "clause", "offset": [213, 222]}, {"key": "the-benefit", "type": "clause", "offset": [235, 246]}, {"key": "become-effective", "type": "clause", "offset": [324, 340]}], "hash": "79668d94b6c7c6eeab6f423204970a8a", "id": 3}, {"size": 2, "samples": [{"hash": "fsYLyPQxpkL", "uri": "/contracts/fsYLyPQxpkL#interdependence", "label": "Stock Purchase Agreement (Magnegas Corp)", "score": 25.8377819061, "published": true}, {"hash": "dVHYDbnnR7a", "uri": "/contracts/dVHYDbnnR7a#interdependence", "label": "Stock Purchase Agreement (Magnegas Corp)", "score": 25.7912387848, "published": true}], "snippet": "The transfer and deliveries described in this Article 2 are mutually interdependent and regarded as occurring simultaneously as of the close of business on the Closing Date; and, unless waived by both the transferor and transferee, no such transfer or delivery shall become effective unless and until all other transfers and deliveries provided for in this Article 2 have also been consummated.", "snippet_links": [{"key": "transfer-and-deliveries", "type": "clause", "offset": [4, 27]}, {"key": "article-2", "type": "definition", "offset": [46, 55]}, {"key": "close-of-business", "type": "definition", "offset": [135, 152]}, {"key": "the-closing-date", "type": "clause", "offset": [156, 172]}, {"key": "the-transferor", "type": "clause", "offset": [201, 215]}, {"key": "become-effective", "type": "clause", "offset": [267, 283]}, {"key": "other-transfers", "type": "clause", "offset": [305, 320]}], "hash": "d2d84c574eb4c2f1f52b0d8bfc1006fe", "id": 8}, {"size": 6, "samples": [{"hash": "ju9iSkADuk4", "uri": "/contracts/ju9iSkADuk4#interdependence", "label": "Asset Sale and Purchase Agreement (Aurora Foods Inc)", "score": 18.0, "published": true}, {"hash": "3MHgIcXoEV8", "uri": "/contracts/3MHgIcXoEV8#interdependence", "label": "Asset Sale and Purchase Agreement (Zila Inc)", "score": 18.0, "published": true}], "snippet": "The transfers and deliveries described in this Article III are mutually interdependent and are to be regarded as occurring simultaneously as of the Effective Time. Unless agreed to in writing by both Seller and Buyer, no such transfer or delivery will become effective until all other transfers and deliveries provided for in this Article III have also become effective.", "snippet_links": [{"key": "the-transfers", "type": "clause", "offset": [0, 13]}, {"key": "article-iii", "type": "definition", "offset": [47, 58]}, {"key": "the-effective-time", "type": "clause", "offset": [144, 162]}, {"key": "agreed-to", "type": "definition", "offset": [171, 180]}, {"key": "in-writing", "type": "clause", "offset": [181, 191]}, {"key": "both-seller-and-buyer", "type": "definition", "offset": [195, 216]}, {"key": "become-effective", "type": "clause", "offset": [252, 268]}, {"key": "other-transfers", "type": "clause", "offset": [279, 294]}], "hash": "ebd0fee43eb2523c4ecc5de3fec5e4d0", "id": 4}, {"size": 3, "samples": [{"hash": "kdFERKRlOSY", "uri": "/contracts/kdFERKRlOSY#interdependence", "label": "Share Sale and Shareholders Agreement (Responsys Inc)", "score": 20.2539348602, "published": true}, {"hash": "21lTMN20in3", "uri": "/contracts/21lTMN20in3#interdependence", "label": "Share Sale and Shareholders Agreement (Responsys Inc)", "score": 20.1033535004, "published": true}], "snippet": "Each agreement to sell and purchase between the Vendors and Responsys is conditional and interdependent on the other, those agreements to be settled simultaneously in the manner set out in the Agreement (as amended by this Amendment).", "snippet_links": [{"key": "agreement-to-sell-and-purchase", "type": "clause", "offset": [5, 35]}, {"key": "the-vendors", "type": "clause", "offset": [44, 55]}, {"key": "set-out", "type": "definition", "offset": [178, 185]}, {"key": "in-the-agreement", "type": "clause", "offset": [186, 202]}, {"key": "as-amended", "type": "definition", "offset": [204, 214]}, {"key": "this-amendment", "type": "clause", "offset": [218, 232]}], "hash": "0fca46e9eefd46f48440c0e3c9dab504", "id": 6}, {"size": 2, "samples": [{"hash": "1SqJhsOoRC5", "uri": "/contracts/1SqJhsOoRC5#interdependence", "label": "Memorandum of Understanding", "score": 32.0248260498, "published": true}, {"hash": "bVzwTT1MFNH", "uri": "/contracts/bVzwTT1MFNH#interdependence", "label": "Memorandum of Understanding (Golden Telecom Inc)", "score": 19.0, "published": true}], "snippet": "The Parties understand that the actions envisaged by the present MoU depend on each other and may not be performed on a stand-alone basis.", "snippet_links": [{"key": "the-parties-understand-that", "type": "clause", "offset": [0, 27]}, {"key": "the-actions", "type": "clause", "offset": [28, 39]}], "hash": "ac3ee1e901293ca11fd8fa68499465e7", "id": 9}, {"size": 4, "samples": [{"hash": "9ofxk7weCu2", "uri": "/contracts/9ofxk7weCu2#interdependence", "label": "Asset Purchase and License Agreement", "score": 30.3408622742, "published": true}, {"hash": "gDTbmDm5b0z", "uri": "/contracts/gDTbmDm5b0z#interdependence", "label": "Asset Purchase and License Agreement (Mabvax Therapeutics Holdings, Inc.)", "score": 29.8651599884, "published": true}], "snippet": "The transfers and deliveries described in this Article 6 are mutually interdependent and are to be regarded as occurring simultaneously as of the Closing Date. Unless agreed otherwise in writing by MABVAX and BII, no such transfer or delivery shall become effective until all other transfers and deliveries provided for in this Article 6 have also become effective. The parties agree that the failure of MABVAX to transfer and deliver to BII [***] upon Closing in accordance with Section 8.2.2 shall have no effect on the effectiveness and validity of the other transfers and deliveries provided for in this Article 6.", "snippet_links": [{"key": "the-transfers", "type": "clause", "offset": [0, 13]}, {"key": "article-6", "type": "definition", "offset": [47, 56]}, {"key": "as-of-the-closing-date", "type": "clause", "offset": [136, 158]}, {"key": "unless-agreed-otherwise", "type": "clause", "offset": [160, 183]}, {"key": "in-writing", "type": "clause", "offset": [184, 194]}, {"key": "become-effective", "type": "clause", "offset": [249, 265]}, {"key": "other-transfers", "type": "clause", "offset": [276, 291]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [366, 388]}, {"key": "to-transfer", "type": "clause", "offset": [411, 422]}, {"key": "deliver-to", "type": "definition", "offset": [427, 437]}, {"key": "upon-closing", "type": "clause", "offset": [448, 460]}, {"key": "in-accordance-with", "type": "definition", "offset": [461, 479]}, {"key": "section-822", "type": "clause", "offset": [480, 493]}, {"key": "effect-on-the", "type": "clause", "offset": [508, 521]}, {"key": "validity-of-the", "type": "clause", "offset": [540, 555]}], "hash": "be086b1805cae91ee2031fd6b55a0539", "id": 5}], "next_curs": "ClgSUmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjQLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhhpbnRlcmRlcGVuZGVuY2UjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Interdependence", "size": 78, "children": [["", ""], ["termination-of-close-corporation-status", "TERMINATION OF CLOSE CORPORATION STATUS"], ["post-closing", "POST-CLOSING"], ["entire-agreement", "ENTIRE AGREEMENT"], ["effect-on-other-agreements-survival-of-certain-provisions", "EFFECT ON OTHER AGREEMENTS/SURVIVAL OF CERTAIN PROVISIONS"]], "parents": [["completion", "Completion"], ["closing", "Closing"], ["the-closing", "The Closing"], ["closing-actions-to-be-taken-prior-to-or-at-closing", "CLOSING ACTIONS TO BE TAKEN PRIOR TO OR AT CLOSING"], ["sale-and-purchase-of-remaining-sale-shares", "SALE AND PURCHASE OF REMAINING SALE SHARES"]], "id": "interdependence", "related": [["dependencies", "Dependencies", "Dependencies"], ["orientation", "Orientation", "Orientation"], ["cultural", "Cultural", "Cultural"], ["independence", "Independence", "Independence"], ["new-jobs", "New Jobs", "New Jobs"]], "related_snippets": [], "updated": "2026-04-08T06:04:56+00:00", "also_ask": ["How can interdependence clauses be leveraged to strengthen bargaining positions?", "What essential elements must be included to ensure enforceability of interdependence provisions?", "What are the main risks if interdependence is drafted too broadly or narrowly?", "How do courts typically interpret and enforce interdependence clauses in contract disputes?", "How does the treatment of interdependence differ across key jurisdictions or contract types?"], "drafting_tip": "Specify the obligations that are interdependent to clarify parties\u2019 responsibilities; define consequences of non-performance to ensure enforceability; use precise language to avoid ambiguity.", "explanation": "The Interdependence clause establishes that the obligations and rights of the parties under a contract are mutually dependent on each other. In practice, this means that the performance of one party is contingent upon the performance of the other, such as a supplier delivering goods only if payment is made, or a service provider commencing work only after receiving necessary information from the client. This clause ensures that neither party is unfairly required to fulfill their obligations if the other party fails to do so, thereby promoting fairness and reducing the risk of one-sided enforcement."}, "json": true, "cursor": ""}}