Exhibit 5(a)
ASSUMPTION AGREEMENT
July 12, 2001
Reference is made to the Third Amended and Restated Credit
Agreement, dated as of May 17, 2001 (as amended, modified or
supplemented from time to time, the "Credit Agreement"), among
Entergy Corporation, a Delaware corporation (the "Borrower"), the
lenders named therein and Citibank, N.A., as administrative agent
for such lenders (the "Administrative Agent"). Unless otherwise
defined herein, terms defined in the Credit Agreement are used
herein with the same meanings.
FIRST UNION NATIONAL BANK (the "Additional Lender") and the
Borrower hereby agree as follows:
(a) The Additional Lender hereby agrees, that effective as of
July 12, 2001 (the "Effective Date"), and subject to the
satisfaction, on or prior to the Effective Date of the conditions
set forth in clauses (A)(2) and (C) of Section 2.04(c)(ii) of the
Credit Agreement, (i) the Additional Lender will become a Lender
under the Credit Agreement, (ii) the Commitment of the Additional
Lender will be $50,000,000, and (iii) the Additional Lender will
be bound by all the terms and provisions of the Credit Agreement
binding upon each Lender, including, without limitation, Section
2.04(c)(iii).
(b) The Borrower consents to the foregoing and agrees to deliver
to the Administrative Agent, on or prior to the Effective Date,
the evidence of corporate authorization, opinions and
certificates described in clauses (A)(2) and (C) of Section
2.04(c)(ii) of the Credit Agreement.
(c) THIS ASSUMPTION AGREEMENT SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
(d) This Assumption Agreement may be signed in any number of
counterparts, each of which shall be deemed an original, with the
same effect as if the signatures thereto and hereto were up on
the same instrument.
IN WITNESS WHEREOF, the parties hereto have caused this
Assumption Agreement to be executed by their respective officers
thereunto duly authorized, as of the date first above written.
FIRST UNION NATIONAL BANK
By
Name:
Title:
Domestic Lending Office (and
address for notices):
000 X. Xxxxxxx Xxxxxx, XX0000
Xxxxxxxxx, XX 00000
Attn.: Chanue Xxxxxxx
(000)000-0000
Eurodollar Lending Office:
000 X. Xxxxxxx Xxxxxx, XX0000
Xxxxxxxxx, XX 00000
Attn.: Chanue Xxxxxxx
(000)000-0000
ENTERGY CORPORATION
By
Name:
Title:
Accepted this day of July, 2001
CITIBANK, N.A., as Administrative Agent
By
Name:
Title: