Company: TCPA
Filing Date: 2025-10-08
Form Type: SUPPL
Source: 0001193125-25-233745
Chunk: 83

Company: TRANSCANADA PIPELINES LTD
Filing Date: 2025-10-08
Form: SUPPL
Chunk 83
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U.S. Indentures”), between the Corporation and Computershare Trust Company, N.A., as
successor trustee. The U.S. Indentures and the Canadian Unsubordinated Debt Indenture are collectively referred to herein as the “Indentures”. The Corporation may also, from time to time, issue debt securities and incur additional
indebtedness pursuant to this prospectus under one or more indentures other than the Indentures as may be described in the applicable prospectus supplement.

General

None of the Indentures limit the
amount of the debt securities, debentures, notes or other evidences of indebtedness that may be issued by the Corporation or any of its subsidiaries under the Indentures or otherwise. The Corporation may, from time to time, issue debt instruments
and incur additional indebtedness other than through the issuance of debt securities pursuant to this prospectus.

The Indentures provide
that debt securities may be created and issued from time to time in one or more series and may be denominated and payable in Canadian dollars, U.S. dollars or any other currency. Special Canadian and U.S. federal income tax considerations applicable
to any of the debt securities denominated in a currency other than Canadian dollars or U.S. dollars will be described in the applicable prospectus supplement.

8

The debt securities will be unsecured obligations. The Indentures also permit the Corporation to increase the principal amount of any series of the debt securities previously issued and to issue that increased principal amount. Reference must be made to the prospectus supplement for specific terms of and information relating to the debt securities offered thereunder (to the extent such terms are applicable to such debt securities) including the following:

| (1) | classification as Unsubordinated Debt Securities or Subordinated Debt Securities, the specific designation, 
 aggregate principal amount, purchase price and denominations;                                               |

| (2) | any date of maturity; |

| (3) | interest rate or rates (whether fixed or variable) at which the debt securities will bear interest, if any, or        
 the method by which such rate or rates will be determined and the date or dates from which such interest will accrue; |

| (4) | the date or dates, or the method by which such date or dates will be determined or extended, on which principal 
 of and premium and interest on the debt securities will be payable, if any;                                     |

| (5) | any redemption, repayment or sinking fund provisions; |