Exhibit










EXECUTION COPY
Exhibit 4(p)
EXTENSION AGREEMENT


August 8, 2016


Citibank, N.A., as Administrative Agent under the Credit Agreement 
referred to below 


Citibank, N.A.
1615 Brett Road, Building III
New Castle, Delaware 19720


Ladies and Gentlemen:


Reference is made to (i) the Amended and Restated Credit Agreement, dated as of August 14, 2015 (as amended, restated, modified or otherwise supplemented from time to time prior to the date hereof, the “Credit Agreement”), among Entergy Louisiana, LLC, as the Borrower, the banks and other financial institutions party thereto as Lenders, Citibank, N.A., as Administrative Agent and as an LC Issuing Bank, and the other LC Issuing Banks party thereto, and (ii) the Borrower’s request, dated July 8, 2016, for an extension of the Termination Date to August 14, 2021 (the “Extension Request”).  Unless otherwise indicated, capitalized terms used herein and not otherwise defined herein have the meanings given such terms in the Credit Agreement.  


Solely in connection with the “Extension” (as defined in the Extension Request), each undersigned Lender agrees, subject to the Administrative Agent’s receipt of the documents described in Section 2.18(c) of the Credit Agreement, to extend the Termination Date applicable to such Lender’s Commitment to August 14, 2021, such extension to be effective on August 8, 2016. 


This Extension Agreement shall be construed in accordance with and governed by the law of the State of New York.  Except as specifically provided above, (i) the Credit Agreement and the other Loan Documents shall remain in full force and effect and are hereby ratified and confirmed in all respects by the parties hereto, and (ii) the execution and delivery of this Extension Agreement shall not operate as a waiver of any right, power or remedy of the Administrative Agent or any Lender under the Credit Agreement or any Loan Documents, nor constitute a waiver of any provision of the Credit Agreement or any Loan Documents.  This Extension Agreement may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument.  




[Signature pages follow]


2016 Extension Agreement (Entergy Louisiana, LLC)











JPMORGAN CHASE BANK, N.A.


By: /s/ Bridget Killackey            
Name:  Bridget Killackey
Title:   Executive Director


2016 Extension Agreement (Entergy Louisiana, Inc.)











WELLS FARGO BANK, NATIONAL ASSOCIATION


By: /s/ Nick Schmiesing            
Name: Nick Schmiesing
Title: Director






2016 Extension Agreement (Entergy Louisiana, LLC)











BNP PARIBAS 


By: /s/ Theodore Sheen        
Name: Theodore Sheen
Title:   Director






By: /s/ Karima Omar        
Name: Karima Omar
Title:   Vice President










2016 Extension Agreement (Entergy Louisiana, LLC)











MIZUHO BANK, LTD.


By: /s/ Nelson Chang        
Name: Nelson Chang
Title:   Authorized Signatory






2016 Extension Agreement (Entergy Louisiana, LLC)











THE BANK OF NOVA SCOTIA


By: /s/ David Dewar         
Name: David Dewar
Title:   Director






2016 Extension Agreement (Entergy Louisiana, LLC)











THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.


By: /s/ Lindsay Minneman        
Name:  Lindsay Minneman
Title:    Vice President






2016 Extension Agreement (Entergy Louisiana, LLC)











BANK OF AMERICA, N.A.


By: /s/ William A. Merritt, III        
Name: William A. Merritt, III
Title:   Director






2016 Extension Agreement (Entergy Louisiana, LLC)











GOLDMAN SACHS BANK USA


By: /s/ Ryan Durkin        
Name:  Ryan Durkin
Title:  Authorized Signatory






2016 Extension Agreement (Entergy Louisiana, LLC)











MORGAN STANLEY BANK, N.A.


By: /s/ Michael King        
Name: Michael King
Title: Authorized Signatory






2016 Extension Agreement (Entergy Louisiana, LLC)











KEYBANK NATIONAL ASSOCIATION


By: /s/ Sukanya V. Raj            
Name: Sukanya V. Raj
Title:  Senior Vice President






2016 Extension Agreement (Entergy Louisiana, LLC)











BARCLAYS BANK PLC, as lender


By: /s/ Vanessa A. Kurbatskiy        
Name: Vanessa A. Kurbatskiy
Title:   Vice President






2016 Extension Agreement (Entergy Louisiana, LLC)











COBANK, ACB, 


By: /s/ Mike Rehmer        
Name: Mike Rehmer
Title:   Vice President






2016 Extension Agreement (Entergy Louisiana, LLC)











THE BANK OF NEW YORK MELLON


By: /s/ Hussam S. Alsahlani        
Name: Hussam S. Alsahlani
Title:  Vice President






2016 Extension Agreement (Entergy Louisiana, LLC)











REGIONS BANK


By: /s/ Brian J. Walsh        
Name: Brian J. Walsh
Title:   Director






2016 Extension Agreement (Entergy Louisiana, LLC)











SUMITOMO MITSUI BANKING CORP.


By: /s/ James D. Weinstein        
Name: James D. Weinstein
Title:   Managing Director






2016 Extension Agreement (Entergy Louisiana, LLC)











U.S. BANK NATIONAL ASSOCIATION


By: /s/ Michael T. Sagges            
Name: Michael T. Sagges
Title:   Vice President




2016 Extension Agreement (Entergy Louisiana, LLC)











AGREED AND ACCEPTED:


ENTERGY LOUISIANA, INC.




By: /s/ Stacey M. Lousteau    
Name: Stacey M. Lousteau
Title:  Assistant Treasurer






2016 Extension Agreement (Entergy Louisiana, LLC)











CITIBANK, N.A.,
as Administrative Agent, an LC Issuing Bank
and a Lender




By: /s/ Richard Rivera        
Name:  Richard Rivera 
Title:    Vice President