Common use of Limitation on Issue and Designation Clause in Contracts

Limitation on Issue and Designation. The aggregate principal amount of TCPL Sub Notes that may be issued under this Indenture is unlimited but TCPL Sub Notes may be issued hereunder only upon the terms and subject to the conditions herein provided.

Appears in 2 contracts

Sources: Trust Indenture (TransCanada Trust), Trust Indenture (Transcanada Pipelines LTD)