Company: ENBSF
Filing Date: 2025-06-16
Form Type: 424B5
Source: 0001104659-25-059675
Chunk: 37

Company: ENBRIDGE INC
Filing Date: 2025-06-16
Form: 424B5
Chunk 37
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 consent of the holder of each outstanding debt
security of such affected series: (1) change the stated maturity of the principal of, or any installment of interest, if any, on
any debt security; (2) reduce the principal amount of, or the premium, if any, or the rate of interest, if any, on any debt security;
(3) change the Place of Payment; (4) change the currency or currency unit of payment of principal of (or premium, if any) or
interest, if any, on any debt security; (5) impair the right to institute suit for the enforcement of any payment on or with respect
to any debt security; (6) adversely affect any right to convert or exchange any debt security; (7) reduce the percentage of
principal amount of outstanding debt securities of such series, the consent of the holders of which is required for modification or amendment
of the Indenture or for waiver of compliance with certain provisions of the Indenture or for waiver of certain defaults; (8) modify
the provisions of the Indenture relating to subordination in a manner that adversely affects the rights of the holders of debt securities;
or (9) modify any provisions of the Indenture relating to the modification and amendment of the Indenture or the waiver of past defaults
or covenants except as otherwise specified in the Indenture.

| S-25 |

The holders of a majority
of the principal amount of any series of the Notes may on behalf of the Noteholders of that series of the Notes waive, insofar as that
series of the Notes is concerned, compliance by the Corporation with certain restrictive provisions of the Indenture, including the covenants
and events of default. The holders of a majority in principal amount of any series of the Notes may waive any past default under the Indenture
with respect to that series of the Notes, except a default in the payment of the principal of (or premium, if any) and interest, if any,
on that series of the Notes or in respect of a provision which under the Indenture cannot be modified or amended without the consent of
the holder of each outstanding note of that series of Notes. The Indenture or the Notes may be amended or supplemented, without the consent
of any holder of debt securities, in order, among other purposes, to cure any ambiguity or inconsistency or to make any change that does
not have an adverse effect on the rights of any holder