Common use of AT&T Restructuring Clause in Contracts

AT&T Restructuring. By the provision of notice in accordance with this Agreement, AT&T shall have the right to assign this Agreement and to assign its rights and delegate its obligations and liabilities under this Agreement, either in whole or in part (an "Assignment") to (i) any entity that is, or that was immediately preceding such Assignment: a current or former subsidiary, business unit, or division of AT&T; or (ii) an entity in which AT&T has an ownership interest and that is licensed to promote and market the Promoted AT&T Services using the AT&T brand. The notice of Assignment shall state the effective date thereof. Upon the effective date and to the extent of the Assignment, AT&T shall be released and discharged from all obligations and liabilities under this Agreement. Such Assignment, release and discharge shall be complete and shall not be altered by the termination of the affiliation between AT&T and the entity assigned rights or delegated obligations and liabilities under this Agreement.