Principle of separation of parts in 2 shells
To achieve the separation of part in 2 shells you only have to build up the necessary parting lines.
Once the parting lines have been built up you have to associate the necessary parting surfaces.
It is not necessary for this operation to have in consideration
the undercuts and/or future mold movements.
Take as example the following part:

There are various possibilities to build up the parting surface and cavity blocks. Here we are going to examine 2 methods.
External parting surface + internal hole surface
In Blue : Upper shell
In Magenta : Lower shell
In Green : Parting surface

To better visualize the 2 shells system, imagine that the 2 shells (part surfaces) + parting surfaces must "close tight" the upper and lower part (blue zone and magenta zone). Afterwards the hole will be made by an insert.
External
parting surface + internal surface at the part base
In Blue : Upper shell
In Magenta : Lower shell
In Green : Parting surface

This method is not the most appropriate for this example but shows how the system works when considering your parting lines and surfaces.
It will not be necessary in this case to built up a parting
line on the hole.
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