Company: EAI
Filing Date: 2025-08-06
Form Type: S-3ASR
Source: 0001193125-25-174487
Chunk: 212

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-06
Form: S-3ASR
Chunk 212
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 of all the conditions described above, we would be released and discharged from all our obligations and covenants under the mortgage and on the first mortgage bonds then outstanding unless we elect to waive such release and discharge. (Mortgage, Section 1204.) The mortgage does not prevent or restrict:

| • |     | any conveyance or other transfer, or lease, of any part of the Mortgaged Property that does not constitute the 
 entirety, or substantially the entirety, of the Mortgaged Property; or (Mortgage, Section 1205.)               |

| • |     | any conveyance, transfer or lease of any of our properties where we retain Mortgaged Property with a fair value                                                                                                                                  
 in excess of 143% of the aggregate principal amount of all outstanding first mortgage bonds, and any other outstanding debt secured by a Purchase Money Lien that ranks equally with, or senior to, the first mortgage bonds with respect to the 
 Mortgaged Property. This fair value will be determined within 90 days of the conveyance, transfer or lease by an independent expert that we select. (Mortgage, Section 1206.)                                                                    |

12

Although the successor entity may, in its sole discretion, subject to the lien of the mortgage property then owned or thereafter acquired by the successor entity, the lien of the mortgage generally will not cover the property of the successor entity other than the mortgaged property it acquires from us and improvements, extensions and additions to such property and renewals, replacements and substitutions thereof, within the meaning of the mortgage. (Mortgage, Section 1203.) The terms of the mortgage do not restrict mergers in which we are the surviving entity. (Mortgage, Section 1205.) A statutory merger in which our assets and liabilities may be allocated among one or more entities shall not be considered to be a merger, consolidation or conveyance of Mortgaged Property subject to the provisions of the mortgage described above unless all or substantially all of the Mortgaged Property is allocated to one or more other entities. Events of Default “Event of default,” when used in the mortgage with respect to first mortgage bonds, means any of the following:

| • |     | failure to pay interest on any first mortgage bond for 30 days after it is due unless we have made a valid     
 extension of the interest payment period with respect to such first mortgage bond as provided in the mortgage; |

| • |     | failure to pay the principal of or any premium