Document Page 1 of 9 1O-D I a08$16.htm 1O-D UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-D ASSET-BACKED ISSUER DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 for the semi-annual distribution period from february 1,2016 to July 31, 2016 Commission file Number of Issuing Entity: 333-161911-01 Central Index Key Number of Issuing Entity: 0001471722 ENTERGY TEXAS RESTORATION FUNDING, LLC (Exact name of issuing entity as specified in its charter) Commission File Number of Depositor: 333-161911 Central Index Key Number of Depositor: 0001427437 ENTERGY TEXAS, INC. (Exact name of sponsor as specified in its charter) Dawn Balash Assistant General Counsel - Corporate and Securities (504) 576-6755 (Name and telephone number, including of area code, of the person to contact in connection with this filing) DELAWARE (State or other jurisdiction of incorporation or organization of the issuing entity) 27-0727900 (IRS Employer Identification No.) Capital Center 919 Congress Avenue, Suite 840-C Austin, Texas 78701 https://www.sec.gov/archives/edgar/data!1 471728/00000659841600065 8/a08 $1 6.htm 2/24/2017
Document Page 2 of 9 (Address of principal executive offices of the issuing entity) (Zip Code) (512) 487-3982 (Registrant s Telephone Number, Including Area Code) None https ://www.sec.gov/archives/edgar/data/ 1471728/00000659841600065 8/a08$ 1 6.htm 8/24/2017
Document Page 3 of 9 (former Name or Former Address, if Changed Since Last Report) Registered/reporting pursuant to (check one) Name of exchange Title of Class Section 12(b) Section 12(g) Section 15(d) (If Section 12(b)) Senior Secured Transition Bonds, Tranche A-i Senior Secured Transition Bonds, Tranche A-2 Senior Secured Transition Bonds, Tranche A-3 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. x x x x Yes No PART I - DISTRIBUTION INFORMATION Item 1. Distribution and Pool Performance Information. The response to Item 1 is set forth in part herein and in part in Exhibit 99.1, and supplemental servicer information is provided in Exhibit 99.2. The record date for distributions described in Exhibit 99.1 is July 31, 2016. Introductory and explanatory information regarding the material terms, parties and distributions described in Exhibits 99.1 and 99.2 is included in the Prospectus Supplement relating to the Senior Secured Transition Bonds (the Bond& ), dated October 29, 2009, and related Prospectus, dated October 23, 2009, of Entergy Texas Restoration Funding, LLC (the Issuing Entity ) filed with the Securities and Exchange Commission pursuant to Rule 424(b)(5) of the Securities Act of 1933 on November 2, 2009. As indicated in Exhibit 99.1, all required interest and scheduled principal payments on the Bonds have been made with respect to the August 1, 2016 distribution date for the semi-annual distribution period of February 1, 2016 to July 31, 2016. Item IA. Asset-Level Information. https://www.sec.gov/archives/edgar/datal1471728/00000659841600065 8/aO$8 1 6.htm 8/24/2017
Document Page 4 of 9 Omitted pursuant to General Instruction C of Form 1 O-D. Item I B. Asset Representations Reviewer and Investor Communications. https://www.sec.gov/archives/edgar/datal 1471728/00000659841600065 8/a088 16.htm 8/24/2017
Document Page 5 of 9 Omitted pursuant to General Instruction C of Form 1 0-D. PART II- OTHER INFORMATION Item 2. Legal Proceedings. None. Item 3. Sale of Securities and Use of Proceeds. None. Item 4. Defaults Upon Senior Securities. Omitted pursuant to General Instruction C of form I 0-D. Item 5. Submission of Matters to a Vote of Security Holders. Omitted pursuant to General Instruction C of Form 1 0-D. Item 6, Significant Obligors of Pool Assets Omitted pursuant to General Instruction C of Form 1 O-D. Item 7. Change in Sponsor Interest in the Securities. None. Item 8. Significant Enhancement Provider Information. Omitted pursuant to General Instruction C of Form 1 0-D. Item 9. Other Information Omitted pursuant to General Instruction C of form 1 0-D. Item 10. Exhibits. (a) Documents filed as a part of this report (exhibits marked with an asterisk are filed herewith): *99.1 Semi-annual Servicer s Certificate relating to the Bonds, dated July 25, 2016. https://www.sec.gov/archives/edgar/datal 1471728/00000659841600065 $/a08 81 6.htm 8/24/2017
Document Page 6 of 9 *99.2 Monthly Servicer s Certificates for each month in the distribution period from february 1, 2016 to July 31, 2016. https://www.sec.gov/archives/edgar/dataj 1471728/00000659841600065 8/a088 1 6.htm 8/24/2017
Document Page 7 of 9 (b) Exhibits required by this Form and Item 601 of Regulation S-K (exhibits marked with an asterisk are filed herewith): 3.1 Certificate of Formation of the Issuing Entity filed with the Delaware Secretary of State on August 12, 2009 (incorporated by reference to exhibit 3.3 included as an exhibit to the Issuing Entity s form S-3/A dated October 20, 2009). 3.2 Amended and Restated Limited Liability Company Agreement of the Issuing Entity executed as of October 16, 2009 (incorporated by reference to exhibit 3.4 included as an exhibit to the Issuing Entity s Form S-3/A dated October 20, 2009). 4.1 Indenture dated as of November 6, 2009 between the Issuing Entity and The Bank of New York Mellon providing for the issuance of Senior Secured Transition Bonds (incorporated by reference to the exhibit with the same numerical designation included as an exhibit to the Issuing Entity s Report on form 8-K dated November 10, 2009). 4.2 form of Senior Secured Transition Bonds, (included as Exhibit A to the Indenture filed as Exhibit 4.1) (incorporated by reference to the exhibit with the same numerical designation included as an exhibit to the Issuing Entity s Report on form 8-K dated November 10, 2009). 10.1 Transition Property Purchase and Sale Agreement dated as of November 6, 2009 between the Issuing Entity and Entergy Texas, Inc., as seller (incorporated by reference to exhibit 99.2 included as an exhibit to the Issuing Entity s Report on form 8-K dated November 10, 2009). 10.2 Transition Property Servicing Agreement dated as of November 6, 2009 between the Issuing Entity and Entergy Texas, Inc., as servicer (incorporated by reference to exhibit 99.1 included as an exhibit to the Issuing Entity s Report on form 2-K dated November 10, 2009). 10.3 Administration Agreement dated as of November 6, 2009 between the Issuing Entity and Entergy Texas, Inc., as servicer (incorporated by reference to exhibit 99.3 included as an exhibit to the Issuing Entity s Report on form 8-K dated November 10, 2009). *99 1 Semi-aimual Servicer s Certificate relating to the Series A Bonds, dated July 25, 2016. *99.2 Monthly Servicer s Certificates for each month in the distribution period from february 1, 2016 to July 31, 2016. https://www.sec.gov/archives/edgar/data/1471728/00000659$416000658/ao$816.htm 8/24/2017
Document Page $ of 9 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ENTERGY TEXAS RESTORATION FUNDING, LLC (Issuing Entity) Date: August 12, 2016 By: Entergy Texas, Inc., as servicer By:/s/ Steven C. McNeal Name: Steven C. McNeal Title: Vice President and Treasurer https://www.sec.gov/archives/edgar/data/ 1471728/00000659841600065 $/ao$8 1 6.htm 8/24/2017
Document Page 9 of 9 EXHIBIT INDEX 99.1 Semi-annual Servicer s Certificate relating to the Bonds, dated July 25, 2016. 99.2 Monthly Servicer s Certificates for each month in the distribution period from february 1, 2016 to July 31, 2016. https://www.sec.gov/archives/edgar/datajl47l 728/00000659841600065$/a08816.htm 8/24/2017
Exhibit Page 1 of 7 EX-99.1 2 a08816991.htm EXHIBIT 99.1 Exhibit 99.1 SEMI-ANNUAL SERVICER S CERTIFICATE Pursuant to Section 4.01(c)(ii) of the Transition Property Servicing Agreement, dated as of November 6, 2009 (the Servicing Agreement ), between ENTERGY TEXAS, INC., as servicer and ENTERGY TEXAS RESTORATION FUNDING, LLC, the Servicer does hereby certify, for the August 1, 2016 Payment Date (the Current Payment Date ), as follows: Capitalized terms used herein have their respective meanings as set forth in the Indenture. References herein to certain sections and subsections are references to the respective sections of the Servicing Agreement or the Indenture, as the context indicates. 1. Allocation of Remittances as of Current Payment Date allocable to principal and interest: a) Principal 1. TrancheA-1 ii. Tranche A-2 iii. Tranche A-3 iv. Total: Aggregate 0 19,105,439.09 $ 19,105,439.09 b) Interest i. TrancheA-1 ii. TrancheA-2 iii. Tranche A3 iv. Total: Aggregate 1,71 5,57$,47 4,787,340.00 $ 6,502,918.47 2. Outstanding Amount of Bonds prior to, and after giving effect to the payment on the Current Payment Date and the difference, if any, between the Outstanding Amount specified in the Expected Amortization Schedule (after giving effect to payments to be made on such Payment Date under 1 a) above) and the Principal Balance to be Outstanding (following payment on Current Payment Date): a) Principal Balance Outstanding (as of the date of this certification): i. TrancheA-1 ii. Tranche A2 iii. TrancheA-3 iv. Total: Aggregate 94,004,299.62 218,600,000.00 $ 312,604,299.62 https://www.sec.gov/archives/edgar/data!1 471728/000006598416000658/a088 16991.htm 8/24/2017
Exhibit Page 2 of 7 https//www.sec.gov/archiv&edgar/datw1471728/000006598416000658/a088 16991 hun 2fl4/2017
Exhibit Page 3 of 7 b) Principal Balance to be Outstanding (following payment on Current Payment Date): i. TrancheA-l ii. Tranche A-2 iii. Tranche A-3 iv. Total: Aggregate 74,898,860.53 218,600,000.00 $ 293,498,860.53 c) Difference between (b) above and Outstanding Amortization Schedule: i. TrancheA-1 ii. iii. iv. TrancheA-2 TrancheA-3 Total: S $ Amount specified in Expected Aggregate 3. All other transfers to be made on the Current Payment Date, including amounts to be paid to the Indenture Trustee and to the Servicer: a) Operating Expenses 1. Trustee Fees and Expenses: (subject to $1,000,000 cap on Indemnity Amounts per Section 8.02(e)(1)) ii. iii. iv. Servicing Fee: Administration Fee: Independent Manager s Fees: Stradley Ronon Stevens & Young, LLP Wire Instructions: Citizens Bank of PA ABA Number: 036076150 For Credit to Stradley Ronon Stevens & Young Account Number: 620096-961-6 For invoice number: Attention: Joseph Donahue Entergy Texas, Inc. Wire Instructions: Capital One, NA New Orleans, LA ABA Number: 065000090 Account Name: ETI - General Fund Account Number: 67154807$ Entergy Texas, Inc. Wire Instructions: Capital One, NA New Orleans, LA ABA Number: 065000090 Account Name: ETI - General fund Account Number: 67154807$ Wilmington Trust SP Services, Inc. Wire Instructions: Wilmington Trust SP Services Inc. Bank Name: M&T Bank $0.00 145,000.00 50,000.00 0.00 https://www. sec.gov/archives/edgar/data/1 471728/00000659841600065 8/a08 816991.htm 8/24/2017
Exhibit Page 4 of 7 ABA Number: 031100092 Account Number: 2460-3504 For Invoice Number: DCM000000 17353$ https://www.sec.gov/archives/edgar/datal 1471728/00000659841600065 8/a088 16991.htm 8/24/2017
Exhibit Page 5 of 7 v. Other Operating Expenses: 1. Richards, Layton & Finger Wire Instructions: Bank Name: M&T Bank ABA Number: 022000046 Account Number: 2264-1174 Invoice Number: 925802 1,202.66 2. Sidley Austin LLP Wire instructions: Bank Name: JPMorgan Chase Bank, N.A. Chicago, IL Account Name: Sidley Austin LLP ABA Number: 071000013 Account number: SWIFT code: CHASUS33XXX for invoice number: N/A 0.00 3. Duggins, Wren, Mann & Romero Wire instructions: Frost National Bank Downtown Financial Center 401 Congress Ave. 12th Floor Austin, Texas 78767 Phone Number: 512-473-4407 Bank Contact: Kelley Tucker Name on Account: Duggins Wren Mann & Romero, LLP ABA Number: 114000093 Account Number: 591442015 For invoice No: 20866 0.00 4. FitchRatings Wire instructions: Fitch Ratings Inc. JP Morgan Chase New York, NY ABA Number: 021-0000-2 1 Account Number: 530-501 1-63 For invoice no: 7119030342 0.00 5. Standard and Poor s Ratings Services Wire instructions: Bank of America-San Francisco CA Standard & Poor s Account Number: 12334-02500 ABA Number: 0260-0959-3 For invoice No: 10381169 0.00 6. Deloitte & Touche LLP 0.00 Wire instructions: Bank Name: Bank of America. US ACH: 011900571 US WIRE: 026009593 Swift Code: BOfAUS3N Account Name: Deloitte & Touche LLP Account Number: 385015866213 For invoice No: 8002480444 https://www. sec.gov/archives/edgar/datall 471728/00000659841600065 8/a08 816991.htm 8/24/2017
Exhibit Page 6 of 7 7. Entergy Texas, Inc. Wire Instructions: Capital One, NA New Orleans, LA ABA Number: 065000090 Account Name: ETI - General fund Account Number: 67154807$ vi. Total of 3 a. i.-iv.: $ 196,202.66 0.00 https://www.sec.gov/archives/edgar/data11471728/00000659841600065$/a08816991.htm 8/24/2017
Exhibit Page 7 of 7 b) Other Payments i. Operating Expenses (payable pursuant to Section 8.02(e) (4))(3.a.v. above): $ 196,202.66 ii. Withdraw from Capital Subaccount: 132,435.58 iii. Interest Earnings on Capital Subaccount to Entergy Texas Restoration Funding as of7/20/20l6**: Wire Instructions: Capital One, NA New Orleans, LA ABA Number: 065000090 Account Name: ETI - General Fund Account Number: 67154807$ 0.00 iv. Operating Expenses and Indemnity Amounts over $1,000,000 (payable pursuant to Section 8.02(e)(8)): 0.00 v. Withdrawal from Excess Funds Subaccount (to occur on payment date)***: 165.30 vi. Total: $328,803.54 **tnterest is posted monthly on the second business day of the following month. ***Thjs amount assumes that estimated remittances of $1,534,279.24 covering the period of July 21, 2016- July 31, 2016 will be deposited into the General Subaccount. The amount that is withdrawn from the Capital Subaccount may be less/more if remittances to the General Subaccount are higher/lower than such estimated amount. 4. Estimated amounts on deposit in the Capital Subaccount and Excess funds Subaccount after giving effect to the foregoing payments: a) Capital Subaccount i. Total as of 8/1/2016: $1,934,421.96 b) Excess Funds Subaccount i. Totalasof$/1/2016: $0.00 IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Servicer s Certificate this 25 day of July 2016. ENTERGY TEXAS, INC., as Servicer By:/s/ Steven McNeal Name: Steven McNeal Title: VP & Treasurer https://www.sec.gov/archives/edgar/datal 1471728/00000659841600065 8/a088 16991.htm 8/24/2017
$ Exhibit Page 1 of 12 EX-99.2 3 a08816992.htm EXHIBIT 99.2 Monthly Servicer c Certificate Remittance Dates: (to be delivered each month pursuant to Section 301(b) of the Transition Property Servicing Agreement) ENTERGY TEXAS RESTORATION FUNDING, LLC Entergy Texas, Inc., as Servicer January 22, 2016 through February 22, 2016 Pursuant to Transition Property Servicing Agreement dated November 6, 2009 (the Transition Property Servicing Agreement ) between Entergy Texas, Inc., as Servicer, and Entergy Texas Restoration Funding, LLC. as Issuer, the Servicer does hereby certify as follows: Reconciliation Period: October 29, 2015 through October 2$, 2016 Remittance Dates: January 22, 2016 through February 22, 2016 Line TC Class a. TCs in Effect b. TCs Billed c. Estimated TC No. Payments Received I Residential Service $000546 per kwh $ 2,682,759.53 $ 2,671,384.62 2 Small General Service $000630 perkwh $ 183,798.64 $ 183,538.01 3 General Service $000373 perkwh $ 1,017,264.7$ $ 1,016,855.85 4 Large General Service $000232 perkwh $ 265,613.26 $ 265,570.21 5 Large Industrial Power Service $0.1 5945 per kw $ 174,385.52 $ 174,385.52 6 Economic As-Available Service $000000 per kwh $ 7 Standby and Maintenance Service $002637 per kw $ 12,808.9$ $ 12,808.9$ $ Street and Outdoor Lighting $002380 per kwh 181,419.2$ 178,886.1 9 Total $ 4,518,049.99 $ 4,503,429.29 10 Results of Annual Reconciliation (if applicable): II Reconciliation Period: f. Remittance TC Class d. Estimated TC e. Actual TC Shortfall g. Excess Remittance Payments Received Collections for this Collection for this Collection 12 Residential Service $ $ $ $ 13 Small General Service $ $ $ $ 14 General Service $ $ $ $ 15 Large General Service $ $ $ $ 16 Large Industrial Power Service $ $ $ $ 17 Economic As-Available Service $ $ $ $ 18 Standby and Maintenance Service $ $ $ $ 19 StreetandOutdoorLighting $ $ $ 20 Total$ $ $ $ h. Daily remittances previously made by the Servicer to the Collection Account in respect of this Collection Period (c): $ 4,503,429.29 https ://www.sec.gov/archives/edgar/datal1471728/00000659841600065 8/a08 816992.htm 8/24/2017
Exhibit Page 2 of 12 i. The amount to be remitted by the Servicer to the Collection Account for this Collection Period is (c $4,503,429.29 +f-g): j. If(i>h), (i-h) equals net amount due from the Servicer to the Collection Account: $ k. lf(h>i), (h-i) equals net amount due to the Servicer from the Collection Account: $ Capitalized terms used herein have their respective meanings set forth in the Transition Property Servicing Agreement. In WITNESS HEREOF, the undersigned has duly executed and delivered this Monthly Servicer s Certificate the 24th day of February 2016. ENTERGY TEXAS, INC., as Servicer By Is! Stacey Lousteau Title: Assistant Treasurer https://www.sec.gov/archives/edgar/datajl47l 728/00000659841600065$/aO$$16992.htm 8/24/2017
$ Exhibit Page 3 of 12 Monthly Servicer c Certificate Remittance Dates: (to be delivered each month pursuant to Section 3.01(b) of the Transition Property Servicing Agreement) ENTERCY TEXAS RESTORATION FUNDING, LLC Entergy Texas, Inc., as Servicer Pursuant to Transition Property Servicing Agreement dated November 6, 2009 (the February 23, 2016 through March 23, 2016 Transition Property Servicing Agreement ) between Entergy Texas, Inc., as Servicer, and Entergy Texas Restoration Funding, LLC. as Issuer, the Servicer does hereby certify as follows: Reconciliation Period: October 29, 2015 through October 28, 2016 February 23, 2016 through March 23, Remittance Dates: 2016 Line TC Class a. TCs in Effect b. TCs Billed c. Estimated TC No. Payments Received I Residential Service $000546 perkwh $ 2,343,953.49 $ 2,334,015.13 2 Small General Service $000630 perkwh $ 163,736.96 $ 163,504.77 3 General Service $000373 per kwh $ 955,856.74 $ 955,472.5 4 Large General Service $000232 per kwh $ 259,233.09 $ 259,191.09 5 Large Industrial Power Service $0.1 5945 per kw $ 180,952.12 $ 180,952.12-6 Economic As-Available Service $000000 per kwh $ Standby and Maintenance 7 Service $002637 perkw $ 13,868.1 $ 13,868,1 8 Street and Outdoor Lighting $002380 per kwh 181,478.39 178,944.4 9 Total $ 4,099,078.89 $ 4,085,948.11 10 Results of Annual Reconciliation (if applicable): 11 Reconciliation Period: f. Remittance TC Class d. Estimated TC e. Actual TC Shortfall g. Excess Remittance Payments Received Collections for this Collection for this Collection 12 Residential Service $ $ $ $ 13 Small General Service $ $ $ $ 14 General Service $ $ $ $ 15 Large General Service $ $ $ $ 16 Large Industrial Power Service $ $ $ $ 17 Economic As-Available Service $ $ $ $ Standby and Maintenance 18 Service $ $ $ $ 19 Street and Outdoor Lighting $ $ 20 Total$ $ $ $ h. Daily remittances previously made by the Servicer to the Collection Account in respect of this Collection Period (c): $4,085,948.11 https://www.sec.gov/archives/edgar/datall 471728/00000659841600065 8/a088 1 6992.htm 8/24/2017
Exhibit Page 4 of 12 i. The amount to be remitted by the Servicer to the Collection Account for this Collection Period $4,085,948.11 is (c + f- g): j. If (i>h), (i-h) equals net amount due from the Servicer to the Collection Account: $ k. lf(h>i), (h-i) equals net amount due to the Servicer from the Collection Account: $ Capitalized terms used herein have their respective meanings set forth in the Transition Property Servicing Agreement. In WITNESS HEREOF, the undersigned has duly executed and delivered this Monthly Servicer s Certificate the 22nd day of March 2016 ENTERGY TEXAS, INC.. as Servicer By/si Stacey Lousteau Title: Assistant Treasurer https ://www. sec.gov/archives/edgar/datall 471728/00000659841600065 8/a088 1 6992.htm 8/24/2017
$ Exhibit Page 5 of 12 Monthly Servicer s Certificate Remittance Dates: March 24, 2016 through April 21, 2016 (to be delivered each month pursuant to Section 3.0 1(b) of the Transition Property Servicing Agreement) ENTERGY TEXAS RESTORATION FUNDING, LLC Entergy Texas, Inc., as Servicer Pursuant to Transition Property Servicing Agreement dated November 6, 2009 (the Transition Property Servicing Agreement ) between Entergy Texas, Inc., as Servicer, and Entergy Texas Restoration Funding, LLC. as Issuer, the Servicer does hereby certify as follows: Reconciliation Period: October 29, 2015 through October 28, 2016 Remittance Dates: March 24, 2016 through April 21, 2016 Line TC Class a. TCs in Effect b. TCs Billed c. Estimated TC No. Payments Received I Residential Service $000546 per kwh $ 1,905,911.6 $ 1,897,830.53 2 SmallGeneral Service $000630 per kwh $ 146,474.13 $ 146,266.42 3 General Service $000373 per kwh $ 927,917.66 $ 927,544.63 4 Large General Service $000232 per kwh $ 262,785.37 $ 262,742.77 5 Large Industrial Power Service $0.1 5945 per kw $ 169,018.77 $ 169,018.77 6 Economic As-Available Service $000000 per kwh $ 7 Standby and Maintenance Service $002637 per kw $ 11,645.96 $ 11,645.96 8 Street and Outdoor Lighting $002380 per kwh 181,392.56 178,859.77 9 Total $ 3,605,l46.05 $ 3,593,908.85 10 Results of Annual Reconciliation (if applicable): II Reconciliation Period: f. Remittance TC Class d. Estimated TC e. Actual TC Shortfall g. Excess Remittance Payments Received Collections for this Collection for this Collection 12 Residential Service $ $ $ $ 13 Small General Service $ $ $ $ 14 General Service $ $ $ $ 15 Large General Service $ $ $ $ 16 Large Industrial Power Service $ $ $ $ 17 Economic As-Available Service $ $ $ $ 1$ Standby and Maintenance Service $ $ $ $ 19 StreetandOutdoorLighting $ $ 20 Total$ $ $ $ h. Daily remittances previously made by the Servicer to the Collection Account in respect of this Collection Period (c): $ 3,593,908.85 $3,593,908.85 https://www.sec.gov/archives/edgar/datall471728/00000659841600065 8/a088 1 6992.htm 8/24/2017
Exhibit Page 6 of 12 i. The amount to be remitted by the Servicer to the Collection Account for this Collection Period is (c +f-g): j. lf(i>h), (i-h) equals net amount due from the Servicer to the Collection Account: $ k. lf(h>i), (h-i) equals net amount due to the Servicer from the Collection Account: $ Capitalized terms used herein have their respective meanings set forth in the Transition Property Servicing Agreement. In WITNESS HEREOF, the undersigned has duly executed and delivered this Monthly Servicers Certificate the 21st day of April 2016 ENTERGY TEXAS, INC., as Servicer By Is! Stacey Lousteau Title: Assistant Treasurer https://www. sec.gov/archives/edgar/datall 471728/00000659841600065 $/a088 1 6992.htm 8/24/2017
Exhibit Page 7 of 12 Monthly Servicer s Certificate Remittance Dates: April 22,2016 through May 20, 2016 (to be delivered each month pursuant to Section 3.01(b) of the Transition Property Servicing Agreement) ENTERGY TEXAS RESTORATION FUNDING, LLC Entergy Texas, Inc., as Servicer Pursuant to Transition Property Servicing Agreement dated November 6, 2009 (the Transition Property Servicing Agreement ) between Entergy Texas, Inc., as Servicer, and Entergy Texas Restoration Funding, LLC. as Issuer, the Servicer does hereby certify as follows: Reconciliation Period: October 29, 0 15 through October 28, 2016 Remittance Dates: April 22, 2016 through May 20, 2016 Line TC Class a. TCs in Effect b. TCs Billed c. Estimated TC No. Payments Received I Residential Service $000546 per kwh $ 1,753,428.17 $ 1,745,493.93 2 Small General Service $000630 per kwh $ 136,229.57 $ 136,035.1$ 3 General Service $000373 per kwh $ 885,032.84 $ $84,675.28 4 Large General Service $000232 per kwh $ 266,384.54 $ 266,339.54 5 Large Industrial Power Service $0.1 5945 per kw $ 162,139.7 $ 162,139.7 6 Economic AsAvailable Service $000000 per kwh $ $ Standby and Maintenance 7 Service $002637 perkw $ 12,703.21 $ 12,703.21 $ Street and Outdoor Lighting $002380 per kwh 181,947.23 179,199.27 9 Total $ 3,397,865.26 $ 3,386,586.11 10 Results of Annual Reconciliation (if applicable): II Reconciliation Period: f. Remittance TC Class d. Estimated TC e. Actual TC Shortfall g. Excess Remittance Payments Received Collections for this Collection for this Collection 12 Residential Service $ $ $ $ 13 Small General Service $ $ $ $ 14 General Service $ $ $ $ 15 Large General Service $ $ $ $ 16 Large Industrial Power Service $ $ $ $ 17 Economic AsAvaiIable Service $ $ $ $ Standby and Maintenance 1$ Service $ $ $ $ 19 Street and Outdoor Lighting $ $ I 20 Total$ $ $ $ h. Daily remittances previously made by the Servicer to the Collection Account in respect of this Collection Period (c): $3,386,586.11 https ://www.sec.gov/archives/edgar/datall 471728/00000659841600065 8/a088 1 6992.htm 8/24/2017
Exhibit Page 8 of 12 i. The amount to be remitted by the Servicer to the Collection Account for this Collection Period is (c S 3,386,586.11 + f- g): j. lf(i>h), (i-h) equals net amount due from the Servicer to the Collection Account: $ k. lf(h>i), (h-i) equals net amount due to the Servicer from the Collection Account: $ Capitalized terms used herein have their respective meanings set forth in the Transition Property Servicing Agreement. In WITNESS HEREOF, the undersigned has duly executed and delivered this Monthly Servicer s Certificate the 23rd day of May 2016. ENTERGY TEXAS. INC., as Servicer By Is! Stacey Cousteau Title: Assistant Treasurer https://www.sec.gov/archives/edgar/data!1 471728/00000659841600065 8/a088 1 6992.htm 8/24/2017
Exhibit Page 9 of 12 Monthly Servicer s Certificate Remittance Dates: May 23, 2016 through June 20, 2016 (to be delivered each month pursuant to Section 301(b) of the Transition Property Servicing Agreement) ENTERGY TEXAS RESTORATION FUNDING, LEC Entergy Texas, Inc., as Servicer Pursuant to Transition Property Servicing Agreement dated November 6, 2009 (the Transition Property Servicing Agreement ) between Entergy Texas, Inc., as Servicer, and Entergy Texas Restoration Funding, LLC. as Issuer, the Servicer does hereby certify as follows: Reconciliation Period: October 29, 2015 through October 28, 2016 Remittance Dates: May 23, 2016 through June 20, 2016 Line TC Class a. TCs in Effect b. TCs Billed c. Estimated IC No. Payments Received I Residential Service $000585 per kwh $ 2,262,812.84 $ 2,252,573.62 2 Small General Service $000680 per kwh $ 164,171.87 $ 163,937.59 3 General Service $000401 per kwh $ 1,075,411.21 $ 1,074,976.75 4 Large General Service $000248 per kwh $ 334,003.42 $ 333,946.95 5 Large Industrial Power Service $0171 19 perkw $ 191,786.77 $ 191,786.77 6 Economic As-Available Service $000000 per kwh $ $ Standby and Maintenance 7 Service $002812 perkw $ 13,616.5$ $ 13,616.5$ 8 Street and Outdoor Lighting $002551 per kwh 195,191.96 192,243.98 9 Total $ 4,236,994.65 $ 4,223,082.24 10 Results of Annual Reconciliation (if applicable): II Reconciliation Period: f. Remittance TC Class d. Estimated TC e. Actual TC Shortfall g. Excess Remittance Payments Received Collections for this Collection for this Collection 12 Residential Service $ $ $ $ 13 Small General Service $ $ $ $ 14 General Service $ $ $ $ IS Large General Service $ $ $ $ I 6 Large Industrial Power Service $ $ $ $ 17 Economic As-Available Service $ $ $ $ Standby and Maintenance 1$ Service $ $ $ $ 19 Street and Outdoor Lighting $ $ $ 20 Total $ $ $ $ h. Daily remittances previously made by the Servicer to the Collection Account in respect of this Collection Period (c): $4,223,082.24 $4,223,082.24 https://www.sec.gov/archives/edgar/data1147172$/000006598416000658/a08816992.htm 8/24/2017
Exhibit Page 10 of 12 i. The amount to be remitted by the Servicer to the Collection Account for this Collection Period is (c + f- g): j. If (i>h), (i-h) equals net amount due from the Servicer to the Collection Account: $ k. lf(h>i). (h-i) equals net amount due to the Servicer from the Collection Account: $ Capitalized terms used herein have their respective meanings set forth in the Transition Property Servicing Agreement. In WITNESS HEREOF, the undersigned has duly executed and delivered this Monthly Servicer s Certificate the 24th day of June 2016. ENTERGY TEXAS, INC., as Servicer By Is! Stacey Lousteau Title: Assistant Treasurer https :Hwww. sec.gov/archives/edgar/datal 1471728/00000659841600065 8/a088 1 6992.htm 8/24/2017
Exhibit Page 11 of 12 Monthly Servicer c Certflcate Remittance Dates; June 22, 2016 through July 20, 2016 (to be delivered each month pursuant to Section 301(b) of the Transition Property Servicing Agreement) ENTERGY TEXAS RESTORATION FUNDING, LLC Entergy Texas, Inc., as Servicer Pursuant to Transition Property Servicing Agreement dated November 6, 2009 (the Transition Property Servicing Agreement ) between Entergy Texas, Inc., as Servicer, and Entergy Texas Restoration funding, LLC. as Issuer, the Servicer does hereby certity as follows; Reconciliation Period; October 29, 2015 through October 2$, 2016 Remittance Dates; June 22, 2016 through July 20, 2016 Line TC Class a. TCs in Effect b. TCs Billed c. Estimated TC No. Payments Received I Residential Service $000585 per kwh $ 2,898,347.29 $ 2,885.232.27 2 Small General Service $000680 per kwh $ 191,048.23 5 190,775.62 3 General Service $000401 per kwh $ 1.181.216.58 $ 1.180,739.36 4 Large General Service $000248 per kwh $ 26$,278.$ $ 26$,233.46 5 Large Industrial Power Service $0171 19 per kw $ 185,434.29 $ 185,434.29 6 Economic As-Available Service $000000 per kwh $ $ Standby and Maintenance 7 Service 50.02812 perkw $ 13,223.4 $ 13,223,4 $ Street and Outdoor Lighting $002551 per kwh 195,495.93 $ 192,543.33 9 Total $ 4,933,044.52 $ 4,916,181.73 10 Results of Annual Reconciliation (if applicable); II Reconciliation Period; f. Remittance TC Class d. Estimated TC e. Actual TC Shortfall g. Excess Remittance Payments Received Collections for this Collection for this Collection 12 Residential Service $ $ $ $ 13 Small General Service $ $ $ $ 14 General Service $ $ $ $ IS Large General Service $ $ $ $ 16 Large Industrial Power Service $ $ $ $ 17 Economic As-Available Service $ $ $ $ Standby and Maintenance 1$ Service $ $ $ $ 19 Street and Outdoor Lighting $ $ 20 Total$ $ $ $ h. Daily remittances previously made by the Servicer to the Collection Account in respect of this Collection Period (c); $4,916,181.73 $4,916,181.73 https://www.sec.gov/archives/edgar/datajl47l 72$100000659$416000658/aO$$16992.htm 8/24/2017
Exhibit Page 12 of 12 i. The amount to be remitted by the Servicer to the Collection Account for this Collection Period is (c+f-g): j. lf(i>h), (i-h) equals net amount due from the Servicer to the Collection Account: $ k. lf(h>i), (h-i) equals net amount due to the Servicer from the Collection Account: $ Capitalized terms used herein have their respective meanings set forth in the Transition Property Servicing Agreement. In WITNESS HEREOF, the undersigned has duly executed and delivered this Monthly Servicer s Certificate the 22nd day of July 2016. ENTERGY TEXAS, INC., as Servicer By /5/ Stacey Cousteau Title: Assistant Treasurer https://www.sec.gov/archives/edgar/datajl47l 72$/000006598416000658/a08816992.htm 8/24/2017