Company: TSLTF
Filing Date: 2025-12-12
Form Type: SUPPL
Source: 0001193125-25-317786
Chunk: 57

Company: TRANSALTA CORP
Filing Date: 2025-12-12
Form: SUPPL
Chunk 57
---
 | the right reserved to or vested in any municipality or governmental, statutory or other public authority by any                                                                                                                                      
 statutory provision or by the terms of any lease, license, franchise, grant or permit, that affects any land, to terminate any such lease, license, franchise, grant or permit or to require annual or other periodic payments as a condition to the 
 continuance thereof;                                                                                                                                                                                                                                 |

| (vi) | any undetermined or inchoate liens and charges incidental to the current operations of the Corporation or any                                                                                                                                  
 Subsidiary thereof that have not at the time been filed against the Corporation; provided however, that if any such lien or charge shall have been filed, the Corporation or the applicable Subsidiary thereof shall be contesting the same in 
 good faith;                                                                                                                                                                                                                                    |

| (vii) | any Security Interest the validity of which is being contested at the time by the Corporation or the applicable                                                                                                                                        
 Subsidiary thereof in good faith or payment of which has been provided for by deposit with the Trustee or another trustee of debt securities issued by the Corporation or the applicable Subsidiary thereof of an amount in cash sufficient to pay the 
 same in full;                                                                                                                                                                                                                                          |

| (viii) | any easements, rights-of-way                                                                                                                                                                                                                            
 and servitudes (including, without in any way limiting the generality of the foregoing, easements, rights-of-way and servitudes for railways, sewers, dykes, drains, gas                                                                                
 and water mains or electric light and power or telephone and telegraph conduits, poles, wires and cables) that, in the opinion of the Corporation, will not in the aggregate materially and adversely impair the use or value of the land concerned for 
 the purpose for which it is held by the Corporation or any Subsidiary thereof;                                                                                                                                                                          |

| (ix) | any security to a public utility or any municipality or governmental, statutory or other public authority when                                 
 required by such utility, municipality or other such authority in connection with the operations of the Corporation or any Subsidiary thereof; |

| (x) | any liens and privileges arising out of judgments or awards with respect to which the Corporation or the                                                                                                      
 applicable Subsidiary thereof shall be prosecuting an appeal or proceedings for review and with respect to which it shall have secured a stay of execution pending such appeal or proceedings for review; and |

| (xi) | any other liens of a nature similar to the foregoing which