Company: EAI
Filing Date: 2025-08-06
Form Type: S-3ASR
Source: 0001193125-25-174487
Chunk: 208

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-06
Form: S-3ASR
Chunk 208
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 could have issued approximately $695 million principal amount of first mortgage bonds on the basis of Retired Securities, and we had approximately $1,781 million of unfunded property additions, entitling us to issue approximately $1,246 million principal amount of first mortgage bonds on the basis of Property Additions. Such amount will be affected by the issuance of any additional first mortgage bonds, including the New Bonds, and the retirement of existing first mortgage bonds with the proceeds of the New Bonds. New Bonds in a greater amount may also be issued for the refunding of outstanding first mortgage bonds. There is no “earnings” or similar test required under the mortgage or as a condition to the issuance of first mortgage bonds under the mortgage. Other than the security afforded by the lien of the mortgage and restrictions on the issuance of additional first mortgage bonds described above, there are no provisions of the mortgage that grant the holders of the first mortgage bonds protection in the event of a highly-leveraged transaction involving us. Release of Property Unless an event of default under the mortgage has occurred and is continuing, we may obtain the release from the lien of the mortgage of any collateral for the first mortgage bonds that constitutes Funded Property, except for cash held by the trustee, upon delivery to the trustee of an amount in cash equal to the amount, if any, by which the lower of the cost or fair value of the property to be released exceeds the aggregate of:

| • |     | an amount equal to the aggregate principal amount of any obligations secured by Purchase Money Liens upon the 
 property to be released and delivered to the trustee;                                                         |

| • |     | an amount equal to the cost or fair value to us (whichever is less) of certified Property Additions not                                                                                                                                                   
 constituting Funded Property after specified deductions and additions, primarily including adjustments to offset property retirements (except that these adjustments need not be made if the Property Additions were acquired, made or constructed within 
 the 90-day period preceding the release);                                                                                                                                                                                                                 |

| • |     | X% (as defined below) of the aggregate principal amount of first mortgage bonds that we would be entitled to 
 issue on the basis of Retired Securities (with the entitlement being waived by operation of the release);    |

| • |     | any amount in cash and/or an amount equal to the aggregate principal amount of any obligations secured by                                                              
 Purchase Money Liens delivered to a holder of a prior lien on Mortgaged Property in consideration for the release of such Mortg