Company: ENBSF
Filing Date: 2025-11-19
Form Type: 424B5
Source: 0001104659-25-114102
Chunk: 22

Company: ENBRIDGE INC
Filing Date: 2025-11-19
Form: 424B5
Chunk 22
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 the Notes falls on a day that is not a Business Day, the related payment of principal of, premium,
if any, or interest thereon will be postponed to the next succeeding Business Day, and no interest on that payment will accrue for the
period from and after that Interest Payment Date or the applicable maturity date, as the case may be.

Guarantees

Each of the Guarantors fully,
unconditionally, irrevocably, absolutely and jointly and severally guarantees to each Noteholder of each series the due and punctual payment
of the principal of, and premium, if any, and interest on the Notes and all other amounts due and payable by the Corporation under the
Indenture and the Notes, when and as such principal, premium, if any, interest and other amounts shall become due and payable, whether
at the stated maturity or by declaration or acceleration, call for redemption or otherwise, subject to limitations on amount so that such
guarantee does not constitute a fraudulent conveyance or fraudulent transfer under federal or state law, as set forth in the Indenture.
The guarantees of the Notes will be general, unsecured, senior obligations of each of the Guarantors and will rank equally with all other
existing and future unsecured and unsubordinated indebtedness of that Guarantor, other than preferred claims imposed by statute.

<div align='center'>S-13</div>

Pursuant to the Indenture,
the guarantees of either Guarantor will be unconditionally released and discharged automatically upon the occurrence of any of the following
events:

| · | any direct or indirect sale, exchange or transfer, whether by way of merger, sale or transfer of equity                                    
 interests or otherwise, to any person that is not an affiliate of the Corporation, of any of the Corporation’s direct or indirect          
 limited partnership or other equity interests in that Guarantor as a result of which that Guarantor ceases to be a consolidated subsidiary 
 of the Corporation;                                                                                                                        |

| · | the merger of that Guarantor into the Corporation or the other Guarantor or the liquidation and dissolution 
 of that Guarantor;                                                                                          |

| · | with respect to any series of the Notes, the repayment in full or discharge or defeasance of Notes of 
 that series as contemplated by the Indenture;                                                         |

The Trustee

Deutsche Bank Trust Company
Americas is the Trustee under the Indenture governing the Notes. An affiliate of the Trustee is a lender under certain of