Company: ENBSF
Filing Date: 2025-11-17
Form Type: 424B5
Source: 0001104659-25-112992
Chunk: 25

Company: ENBRIDGE INC
Filing Date: 2025-11-17
Form: 424B5
Chunk 25
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 Note of that series as described under “— Payment of Additional
Amounts”, or (2) on or after the date of this prospectus supplement, any action has been taken by any taxing authority of,
or any decision has been rendered by a court in, Canada (or the Corporation’s successors’ jurisdiction of organization) or
any applicable political subdivision or taxing authority, including any of those actions specified in (1) above, whether or not
the action was taken or decision rendered with respect to the Corporation, or any change, amendment, application or interpretation is
officially proposed, which, in the opinion of the Corporation’s counsel, will result in the Corporation becoming obligated to pay,
on the next Interest Payment Date for the Notes of that series, additional amounts with respect to any Note of such series of Notes,
and the Corporation has determined that the obligation cannot be avoided by the use of reasonable available measures. Notice of redemption
of Notes of any series will be given once not more than 60 nor less than 10 days prior to the date fixed for redemption and
will specify the date fixed for redemption.

Provision of Financial Information

The Corporation will file
with the Trustee, within 15 days after the same are so required to be filed with the SEC, copies of its annual report and of the information,
documents and other reports (or copies of such portions of any of the foregoing as the SEC may by rules and regulations prescribe)
which the Corporation is required to file with the SEC pursuant to Section 13 or 15(d) of the U.S. Exchange Act. If the Corporation
is not required to file such information, documents or reports with the SEC, then the Corporation will file with the Trustee such periodic
reports as the Corporation files with the securities commission or corresponding securities regulatory authority in each of the Provinces
of Canada within 15 days after the same are so required to be filed with such securities commissions or securities regulatory authorities.

Covenants

The Indenture contains promises
by the Corporation, called “covenants” for the benefit of the Noteholders. The Corporation will make the covenants described
under the headings “— Limitation on Security Interests” and “— Other Indenture Covenants” for the
Noteholders.

Limitation on Security Interests

The Corporation agrees in
the Indenture, for the benefit of the Noteholders, that it will not create, assume or otherwise have outstanding any Security Interest
on its assets securing any Ind