Company: EAI
Filing Date: 2025-08-06
Form Type: S-3ASR
Source: 0001193125-25-174487
Chunk: 106

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-06
Form: S-3ASR
Chunk 106
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 payment date, |

| 2. | during the 10 days before any designation of such New Bond to be redeemed, or |

| 3. | selected for redemption. |

Security The New Bonds, together with all other first mortgage bonds outstanding now or in the future under the mortgage, will be secured, equally and ratably, by the lien of the mortgage, which constitutes a first mortgage lien on substantially all of our property that was owned by Old Entergy Louisiana just before the effectiveness of the business combination of Old Entergy Louisiana and EGSL on October 1, 2015, together with replacements, additions and extensions of or to such property that we acquire on or after October 1, 2015 (the “mortgaged property”), which lien is subject to bankruptcy law and to:

| 1. | leases of minor portions of our mortgaged property to others for uses which do not interfere with our business; |

| 2. | leases of certain of our mortgaged property not used in our business; and |

| 3. | excepted encumbrances. |

There is excepted from the lien certain of our property, including:

| 1. | cash and securities; |

| 2. | certain equipment, materials and supplies; |

5

| 3. | automobiles and other vehicles and aircraft, timber, minerals, mineral rights and royalties; and |

| 4. | receivables, contracts, leases and operating agreements. |

Unless we elect otherwise, the mortgaged property will not include, and the New Bonds will not be secured by, (1) the property and franchises that were owned by EGSL just before the effectiveness of the business combination on October 1, 2015, or (2) any property acquired by us on or after October 1, 2015, other than replacements, additions or extensions of or to the mortgaged property that was owned by Old Entergy Louisiana just before the effectiveness of the business combination on October 1, 2015. On September 30, 2015, the day before the effectiveness of the business combination of Old Entergy Louisiana and EGSL, the mortgaged property owned by Old Entergy Louisiana was primarily its utility plant, which had a net book value of approximately $6.5 billion shown on its balance sheet as of September 30, 2015. We also plan to issue other secured debt in the form of collateral trust mortgage bonds under our Mortgage and