{"component": "clause", "props": {"groups": [{"size": 6, "samples": [{"hash": "bv8F0Og7v3d", "uri": "/contracts/bv8F0Og7v3d#the-restructuring", "label": "Separation and Distribution Agreement (Aimco OP L.P.)", "score": 31.9541416168, "published": true}, {"hash": "53pgvs4Sy19", "uri": "/contracts/53pgvs4Sy19#the-restructuring", "label": "Separation and Distribution Agreement (Aimco Properties L.P.)", "score": 31.9541416168, "published": true}, {"hash": "jKTWh7rh6Fm", "uri": "/contracts/jKTWh7rh6Fm#the-restructuring", "label": "Separation and Distribution Agreement (Aimco OP L.P.)", "score": 31.8966464996, "published": true}], "snippet": "Section 2.1 Transfers of Assets and Assumptions of Liabilities 18 Section 2.2 DevCo Assets and SpinCo Assets 24 Section 2.3 SpinCo Liabilities and DevCo Liabilities 25 Section 2.4 Termination of Intercompany Agreements 26 Section 2.5 Settlement of Intercompany Accounts 27 Section 2.6 Replacement of Guarantees 27", "snippet_links": [{"key": "section-21", "type": "clause", "offset": [0, 11]}, {"key": "transfers-of-assets-and-assumptions-of-liabilities", "type": "clause", "offset": [12, 62]}, {"key": "section-22", "type": "clause", "offset": [66, 77]}, {"key": "devco-assets-and-spinco-assets", "type": "clause", "offset": [78, 108]}, {"key": "section-23", "type": "clause", "offset": [112, 123]}, {"key": "spinco-liabilities-and-devco-liabilities", "type": "clause", "offset": [124, 164]}, {"key": "section-24", "type": "definition", "offset": [168, 179]}, {"key": "termination-of-intercompany-agreements", "type": "clause", "offset": [180, 218]}, {"key": "settlement-of-intercompany-accounts", "type": "clause", "offset": [234, 269]}, {"key": "section-26", "type": "clause", "offset": [273, 284]}, {"key": "replacement-of-guarantees", "type": "clause", "offset": [285, 310]}], "hash": "c443dd69ef45514fb84fce741e3f32db", "id": 1}, {"size": 3, "samples": [{"hash": "cvmVND7FaWg", "uri": "/contracts/cvmVND7FaWg#the-restructuring", "label": "Plan of Reorganization and Distribution Agreement (Abf Capital Corp)", "score": 18.0, "published": true}, {"hash": "3UwgyqkKvGQ", "uri": "/contracts/3UwgyqkKvGQ#the-restructuring", "label": "Plan of Reorganization and Distribution Agreement (Abf Capital Corp)", "score": 18.0, "published": true}, {"hash": "3O5q6NwmPnU", "uri": "/contracts/3O5q6NwmPnU#the-restructuring", "label": "Plan of Reorganization and Distribution Agreement (Abf Capital Corp)", "score": 18.0, "published": true}], "snippet": "Prior to the Distribution, the Company shall take any and all steps necessary and desirable to segregate the assets, liabilities and other accounts properly belonging to each of the Company and ABF so as to assure the smooth and effective transition of the ABF Business after the Distribution. In connection with the restructuring and the assignment of assets and the assumption of liabilities rightfully belonging to each of the Company and ABF, the parties shall execute, or cause to be executed by the appropriate entities, the conveyancing and assumption instruments in such forms as the parties shall reasonably agree.", "snippet_links": [{"key": "prior-to-the-distribution", "type": "clause", "offset": [0, 25]}, {"key": "the-company-shall", "type": "clause", "offset": [27, 44]}, {"key": "the-assets", "type": "clause", "offset": [105, 115]}, {"key": "other-accounts", "type": "clause", "offset": [133, 147]}, {"key": "of-the-company", "type": "clause", "offset": [175, 189]}, {"key": "in-connection-with", "type": "clause", "offset": [294, 312]}, {"key": "assignment-of-assets", "type": "clause", "offset": [339, 359]}, {"key": "assumption-of-liabilities", "type": "definition", "offset": [368, 393]}, {"key": "the-parties-shall", "type": "clause", "offset": [447, 464]}, {"key": "executed-by", "type": "clause", "offset": [489, 500]}, {"key": "conveyancing-and-assumption-instruments", "type": "clause", "offset": [531, 570]}], "hash": "c1a088753a2e763977b8c9f13f88aad6", "id": 2}, {"size": 3, "samples": [{"hash": "adS3rUdbhmm", "uri": "/contracts/adS3rUdbhmm#the-restructuring", "label": "Distribution Agreement (Verizon Communications Inc)", "score": 21.0, "published": true}, {"hash": "4TpjzgXZSf8", "uri": "/contracts/4TpjzgXZSf8#the-restructuring", "label": "Distribution Agreement (Idearc Inc.)", "score": 21.0, "published": true}], "snippet": "Business Separation 10 Section 2.2 Conveyancing and Assumption Agreements 11 Section 2.3 Certain Resignations 11 Section 2.4 Other Agreements 11 Section 2.5 Transfers Not Effected Prior to the Distribution 11 Section 2.6 Debt Exchange; Other Financing Arrangements 12 Section 2.7 Financial Instruments 13", "snippet_links": [{"key": "business-separation", "type": "definition", "offset": [0, 19]}, {"key": "section-22", "type": "clause", "offset": [23, 34]}, {"key": "conveyancing-and-assumption-agreements", "type": "clause", "offset": [35, 73]}, {"key": "section-23", "type": "clause", "offset": [77, 88]}, {"key": "certain-resignations", "type": "clause", "offset": [89, 109]}, {"key": "section-24", "type": "definition", "offset": [113, 124]}, {"key": "other-agreements", "type": "definition", "offset": [125, 141]}, {"key": "transfers-not-effected-prior-to-the-distribution", "type": "clause", "offset": [157, 205]}, {"key": "section-26", "type": "clause", "offset": [209, 220]}, {"key": "debt-exchange", "type": "definition", "offset": [221, 234]}, {"key": "other-financing-arrangements", "type": "clause", "offset": [236, 264]}, {"key": "financial-instruments", "type": "definition", "offset": [280, 301]}], "hash": "65e4bd5d89d8df7c134f3a367ac2e8a2", "id": 3}, {"size": 3, "samples": [{"hash": "7wl7p0czyHy", "uri": "/contracts/7wl7p0czyHy#the-restructuring", "label": "Share Purchase Agreement (Data Systems & Software Inc)", "score": 18.0, "published": true}], "snippet": "Prior to the Closing Date, the Sellers and the Company shall make their best effort to cause the Company and the Subsidiaries to complete a restructuring of the Business commenced prior to the date hereof, so as to separate the Retained Business from the Excluded Business by way of assigning, conveying and transferring (i) the Excluded Business, including all of the Excluded Contracts, to Endan; and (ii) the Retained Business and the Contracts to the Company; and (iii) the selling of the Excluded Subsidiaries to certain of the Sellers, all in a manner that will leave the Company and the Retained Subsidiary free of any rights and liabilities relating or connected to, arising under or resulting from the Excluded Business (the \"Restructuring\"). Without limiting the generality of the foregoing sentence, in connection with the implementation of the Restructuring the Company and the applicable Subsidiaries (as the case may be) shall, inter alia:\n6.3.1 Assign each of the Excluded Contracts listed in Section 6.3.1(a) of the Company's Disclosure Schedule initially entered into by the Company or the Retained Subsidiary, to Endan, which shall assume all liabilities for the performance of such Excluded Contracts (both with respect to the period preceding the assignment and thereafter) and rights thereunder, and obtain the written consent of the other parties to such Excluded Contracts to the said assignment. It is agreed that each of the other parties to any Excluded Contract assigned to Endan shall execute and deliver to the Company, or the Retained Subsidiary, a letter of consent in the form attached hereto as Annex 5, or any other form agreed to in writing by the Buyer.\n6.3.2 Assign each of the Contracts listed in Section 6.3.2 of the Company's Disclosure Schedule, initially entered into by one of the Excluded Subsidiaries, to the Company, which shall assume all liabilities for the performance of such Contracts (both with respect to the period preceding the assignment and thereafter) and rights thereunder, and obtain the written consent of the other parties to such Contracts to the said assignment. It is agreed that each of the other parties to any Contract assigned to the Company shall execute and deliver, a letter of consent in the form attached hereto as Annex 6, or any other form agreed to in writing by the Buyer. For the avoidance of doubt, nothing in this Section 6.3.2 shall derogate from the Seller's undertaking to indemnify the Buyer Indemnified Persons for any breach of the said Contracts occurring prior to the Closing Date, as provided and subject to the limitations set forth in Section 9.2 below.\n6.3.3 Obtain the approval of Chief Scientist of the Ministry of Industry and Trade's Industrial Research and Development Administration or any other Government Entity to the Restructuring, to the extent required.\n6.3.4 At Sellers' discretion, negotiated a preliminary Tax ruling with respect to each of the Sellers, in connection with the transactions contemplated by this Agreement and the Restructuring (the \"Tax Ruling\"); provided, however, that (i) the Sellers, the Company and the Retained Subsidiary shall refrain from making any representation in the name of the Company or the Retained Subsidiary in connection with the obtaining of the Tax Ruling, or taking any other action which may bind the Company or the Retained Subsidiary in any way with respect to, or resulting from, the process of or the obtaining of the Tax Ruling; (ii) prior to the agreeing with the Tax authorities as to any binding Tax Ruling, the Sellers shall disclose the terms of any such Tax Ruling to the Buyer. Should the Buyer believe in good faith, and based on a written opinion obtained by it from a respectable tax advisor who is not then engaged by the Buyer or any affiliate thereof (other than for the purpose of obtaining such opinion), that the Tax Ruling is likely to have a material adverse effect on the Company, the Retained Subsidiary and/or the Buyer, then Buyer shall have the right to terminate the Agreement, in accordance with Section 8.1.3 below; and (iii) should all of the Closing Conditions included in Sections 7.1 and 7.3 be satisfied or waived prior to the date of receipt of the Tax Ruling, the Buyer shall have the right to Close the transaction without the Sellers' obtaining the Tax Ruling.\n6.3.5 Obtain any remaining consents and waivers from the Retained Employees and Excluded Employees, as contemplated under Section 4.17.4 above.\n6.3.6 Assign, transfer or convey to Endan and cause Endan to assume all assets and liabilities associated with the Company's and/or DSS's leased real-estate.\n6.3.7 Assign, transfer or convey to Endan and cause Endan to assume Mr. Yacov Neuwirth's debt to the Co\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 \u2587\u2587\u2587 other debt of any shareholders or any affiliates thereof to the Company or the Retained Subsidiary;\n6.3.8 Assign transfer or convey to Endan and cause Endan to assume all intangible assets and goodwill associated with the Excluded Business, as well as all of the other assets and liabilities of the Company and the Retained Subsidiary including without limitation the Excluded Contracts, other than (i) the assets and liabilities directly connected to the Retained Business, reflected in the Reviewed Balance Sheet; (ii) other assets and liabilities (including, for the avoidance of doubt, intangible assets and/or goodwill) which the Parties shall have agreed not to assign to the Excluded Subsidiaries and which shall also be reflected on the Reviewed Balance Sheet; (iii) advance payments to the tax authorities on account of non-deductible expenses (\"Odfot\") in respect of the Company and the Retained Subsidiary, (iv) deferred Taxes of the Company and the Retained Subsidiary, (v) the fixed assets listed in Section 4.6 of the Company's Disclosure Schedule; and (vi) any other assets of the Company and the Subsidiaries that cannot be assigned to the Excluded Subsidiaries under the Applicable Laws. Assets of the Company and the Subsidiaries that were not included in the Reviewed Balance Sheet or fall within the criteria set forth in paragraphs (i) through (vi) above, shall be deemed transferred to the Excluded Subsidiaries under the Restructuring, and the Buyer shall sign all of the required documents to transfer them and the benefits resulting therefrom, to the Excluded Subsidiaries, if not transferred to the Excluded Subsidiaries prior to the Closing.\n6.3.9 To the extent that (i) any Excluded Contract entered into by the Company or the Retrained Subsidiary or (ii) any Contract entered into by an Excluded Subsidiary, which should have been assigned, conveyed or transferred to or from the Company under this Section 6.3, as the case maybe, or any claim, right or benefit arising thereunder or resulting therefrom (\"Un-assignable Contract\"), is not capable of being conveyed, assigned or transferred without the approval, consent or waiver of the other party thereto, then except as expressly provided herein (and without derogating from the provisions of Section 6.1.2 above and Section 7.3.5 below (i.e., the Closing Condition regarding completion of the Restructuring), this Agreement shall not constitute a conveyance, assignment or transfer thereof, or an attempted sale, conveyance, assignment or transfer thereof absent such approvals, consents or waivers. From and after the Closing, (A) the Excluded Subsidiaries shall promptly and with reasonable degree of care pay to the Company when received all monies received by any of the Excluded Subsidiaries which are connected to or arising from the Retained Business (against the issuance of a valid tax receipt) and (B) the Company and/or the Retained Subsidiary shall promptly and with reasonable degree of care pay to the applicable Excluded Subsidiaries when received all monies received by them, which are connected to or arising from the Excluded Business (against the issuance of a valid tax receipt). During the first six-month period commencing on the Closing Date, each of the Company and the Subsidiaries shall fulfill its obligations under this Section 6.3.9 free of charge. Upon the expiration of such six-month period, the Company shall have the right to charge the Excluded Subsidiaries, a fee in an amount of 1% (one percent) of any amounts collected and paid by it pursuant to the provisions of this Section 6.3.9, and upon the expiration of a period of 12 months from the Closing Date, the said fee shall be increased to 2% (two percent) of any amounts collected and paid by the Company pursuant to the provisions of this Section 6.3.9. Furthermore, the Company's obligation to collect and remit payments to the Excluded Subsidiaries under this Section 6.3.9 shall expire on the second anniversary of the Closing Date. For the avoidance of doubt, the Excluded Subsidiaries shall not be entitled to collect any fees whatsoever in connection with the provision of the said service to the Company nor shall their obligation to do so expire at any time prior to the completion of the assignment of each of the Contracts to the Company or the expiration of their term in accordance with the provisions thereof. Furthermore, for the avoidance of doubt, and not withstanding any of the limitations set forth in Article 9, it is agreed that the Person for the benefit of whom the collecting and paying services are performed pursuant to this Section 6.3.9 (the \"Beneficiary of the Service\"), shall indemnify and hold harmless the Person providing such collecting and remittance services (the \"Provider of Services\"), from and against (x) any liability arising from or connected to the provision of such services and (y) any other liability resulting from the fact that the Provider of Services has remained the \"front\" vis-a-vis the legal relationship with the other party to the applicable Contract or Excluded Contract, as the case may be (including any liability resulting from the breach of such contract by the Beneficiary of the Service); provided however that nothing in this paragraph shall be construed to release the Provider of Services from its obligation to transfer to the Beneficiary of the 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"by-the-company", "type": "clause", "offset": [1085, 1099]}, {"key": "liabilities-for", "type": "clause", "offset": [1161, 1176]}, {"key": "the-performance", "type": "clause", "offset": [1177, 1192]}, {"key": "with-respect-to", "type": "clause", "offset": [1226, 1241]}, {"key": "the-period", "type": "clause", "offset": [1242, 1252]}, {"key": "assignment-and", "type": "clause", "offset": [1267, 1281]}, {"key": "and-rights", "type": "clause", "offset": [1294, 1304]}, {"key": "the-other-parties", "type": "clause", "offset": [1351, 1368]}, {"key": "it-is-agreed-that", "type": "clause", "offset": [1420, 1437]}, {"key": "deliver-to", "type": "definition", "offset": [1525, 1535]}, {"key": "letter-of-consent", "type": "clause", "offset": [1579, 1596]}, {"key": "annex-5", "type": "definition", "offset": [1628, 1635]}, {"key": "agreed-to", "type": "definition", "offset": [1655, 1664]}, {"key": "in-writing", "type": "clause", "offset": [1665, 1675]}, {"key": "by-the-buyer", "type": "clause", "offset": [1676, 1688]}, {"key": "section-632", "type": "clause", "offset": [1735, 1748]}, {"key": "annex-6", "type": "definition", "offset": [2289, 2296]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [2351, 2377]}, {"key": "nothing-in-this-section", "type": "clause", "offset": [2379, 2402]}, {"key": "undertaking-to-indemnify", "type": "clause", "offset": [2442, 2466]}, {"key": "buyer-indemnified-persons", "type": "definition", "offset": [2471, 2496]}, {"key": "breach-of-the", "type": "clause", "offset": [2505, 2518]}, {"key": "subject-to-the", "type": "definition", "offset": [2587, 2601]}, {"key": "section-92", "type": "clause", "offset": [2627, 2638]}, {"key": "approval-of", "type": "definition", "offset": [2663, 2674]}, {"key": "chief-scientist", "type": "definition", "offset": [2675, 2690]}, {"key": "ministry-of-industry-and-trade", "type": "clause", "offset": [2698, 2728]}, {"key": "research-and-development", "type": "clause", "offset": [2742, 2766]}, {"key": "government-entity", "type": "definition", "offset": [2795, 2812]}, {"key": "to-the-extent", "type": "clause", "offset": [2835, 2848]}, {"key": "tax-ruling", "type": "clause", "offset": [2914, 2924]}, {"key": "the-transactions-contemplated-by-this-agreement", "type": "clause", "offset": [2981, 3028]}, {"key": "subsidiary-shall", "type": "definition", "offset": [3141, 3157]}, {"key": "name-of-the-company", "type": "clause", "offset": [3204, 3223]}, {"key": "other-action", "type": "definition", "offset": [3317, 3329]}, {"key": "the-process", "type": "clause", "offset": [3431, 3442]}, {"key": "tax-authorities", "type": "definition", "offset": [3518, 3533]}, {"key": "terms-of", "type": "definition", "offset": [3595, 3603]}, {"key": "to-the-buyer", "type": "clause", "offset": [3624, 3636]}, {"key": "in-good-faith", "type": "definition", "offset": [3663, 3676]}, {"key": "based-on", "type": "clause", "offset": [3682, 3690]}, {"key": "written-opinion", "type": "clause", "offset": [3693, 3708]}, {"key": "tax-advisor", "type": "definition", "offset": [3743, 3754]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [3829, 3847]}, {"key": "likely-to-have", "type": "clause", "offset": [3896, 3910]}, {"key": "material-adverse-effect-on-the-company", "type": "clause", "offset": [3913, 3951]}, {"key": "right-to-terminate-the-agreement", "type": "clause", "offset": [4021, 4053]}, {"key": "in-accordance-with", "type": "definition", "offset": [4055, 4073]}, {"key": "section-813", "type": "clause", "offset": [4074, 4087]}, {"key": "the-closing-conditions", "type": "clause", "offset": [4119, 4141]}, {"key": "receipt-of", "type": "clause", "offset": [4219, 4229]}, {"key": "the-buyer-shall", "type": "clause", "offset": [4246, 4261]}, {"key": "consents-and-waivers", "type": "definition", "offset": [4376, 4396]}, {"key": "retained-employees", "type": "clause", "offset": [4406, 4424]}, {"key": "excluded-employees", "type": "definition", "offset": [4429, 4447]}, {"key": "to-assume", "type": "clause", "offset": [4551, 4560]}, {"key": "all-assets", "type": "definition", "offset": [4561, 4571]}, {"key": "associated-with", "type": "definition", "offset": [4588, 4603]}, {"key": "debt-to", "type": "clause", "offset": [4740, 4747]}, {"key": "debt-of", "type": "definition", "offset": [4774, 4781]}, {"key": "intangible-assets", "type": "clause", "offset": [4939, 4956]}, {"key": "assets-and-liabilities-of-the-company", "type": "clause", "offset": [5037, 5074]}, {"key": "including-without-limitation", "type": "clause", "offset": [5103, 5131]}, {"key": "the-assets", "type": "clause", "offset": [5171, 5181]}, {"key": "reviewed-balance-sheet", "type": "definition", "offset": [5260, 5282]}, {"key": "the-parties-shall", "type": "clause", "offset": [5399, 5416]}, {"key": "have-agreed", "type": "clause", "offset": [5417, 5428]}, {"key": "not-to-assign", "type": "clause", "offset": [5429, 5442]}, {"key": "payments-to-the", "type": "clause", "offset": [5551, 5566]}, 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