‘Sole Borrower’ definition
‘Sole Borrower’ means, following the Business Combination, the ultimate surviving entity that will hold substantially all of the assets held by ELL and EGSL on the Restatement Effective Date (it being recognized that ELL anticipates that it will transfer the Algiers Assets to Entergy New Orleans, Inc. after the Restatement Effective Date but prior to the date of completion of the Business Combination). As of the Restatement Effective Date, the Sole Borrower is anticipated to be Entergy Louisiana Power, LLC, a Texas limited liability company, which, upon completion of the Business Combination, is anticipated to be renamed as Entergy Louisiana, LLC.
‘Sole Borrower’ means the surviving or resulting Borrower upon the effectiveness of a Sole Borrower Transaction as described in the final sentence of Section 5.03(c).”