Can someone explain this line of code to me? It's too embedded to make sense.
=IF(ISTEXT(VLOOKUP(LEFT($E4,5),SLTOwner!A:B,2,FALSE)),VLOOKUP(LEFT($E4,5),SLTOwner!A:B,2,FALSE),IF(ISTEXT(VLOOKUP(LEFT($E4,4),SLTOwner!A:B,2,FALSE)),VLOOKUP(LEFT($E4,4),SLTOwner!A:B,2,FALSE),"TBD"))
Thank you.