Company: TCPA
Filing Date: 2025-02-19
Form Type: SUPPL
Source: 0001193125-25-029207
Chunk: 99

Company: TRANSCANADA PIPELINES LTD
Filing Date: 2025-02-19
Form: SUPPL
Chunk 99
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umbrances, easements, servitudes, 
 rights-of-way or other similar rights and restrictions do not in the aggregate materially detract from the value of such properties or materially impair their use in the                                                
 operation of the business of the Corporation;                                                                                                                                                                            |

| (8) | rights reserved to or vested in any municipality or governmental or other public authority by the terms of any                                                                                                                                       
 lease, license, franchise, grant or permit acquired by the Corporation, or by any statutory provision, to terminate any such lease, license, franchise, grant or permit or to purchase assets or property used in connection therewith or to require 
 annual or other periodic payments as a condition to the continuance thereof;                                                                                                                                                                         |

| (9) | liens or rights of distress reserved in or exercisable under any lease for rent and for compliance with the 
 terms of such lease;                                                                                        |

| (10) | Security Interests granted to a public utility or any municipality or governmental or other public authority                                                                                                                                             
 when required by such utility, municipality or other authority in connection with the operations of the Corporation and its Subsidiaries, any obligations or duties, affecting the property of the Corporation, to any municipality or governmental,     
 statutory or public authority, with respect to any franchise, grant, licence or permit and any defects in title to structures or other facilities arising solely from the fact that such structures or facilities are constructed or installed on lands  
 held by the Corporation under government permits, leases or other grants, which obligations, duties and defects in the aggregate do not materially impair the use of such property, structures or facilities for the purposes for which they are held by 
 the Corporation;                                                                                                                                                                                                                                         |

| (11) | the reservations, limitations, provisos and conditions, if any, expressed in any original grants from the Crown 
 and all statutory exceptions, qualifications and reservations in respect of title;                              |

| (12) | any Security Interest, the validity of which is being contested by the Corporation in good faith or the payment                        
 of which has been provided for by deposit with the Canadian Trustee of an amount in cash sufficient to pay the amount thereof in full; |

| (13) | any other liens of a nature similar to the foregoing referred to in clauses (5) through (12) inclusive                                                                                                                       
 which do not in the opinion of the Corporation materially impair the use of the property subject thereto or the operation of the business of the Corporation or the value of such property for the purpose of such business; |

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