Transcanada Capital Sample Contracts

Transcanada Capital – NOTICE OF REDEMPTION (June 24th, 2003)

EXHIBIT 99.2 NOTICE OF REDEMPTION TRANSCANADA CAPITAL 8.75% CUMULATIVE TRUST ORIGINATED PREFERRED SECURITIES: CUSIP#893525204. AND 8.75% CUMULATIVE TRUST ORIGINATED COMMON SECURITIES (COLLECTIVELY, THE "TRUST SECURITIES") TO: THE HOLDERS OF THE TRUST SECURITIES BACKGROUND: A. Pursuant to the Subsection 11.3 of the Indenture dated July 15, 1996 between TransCanada PipeLines Limited (the "Company") and The Bank of New York, as successor trustee (the "Successor Trustee"), the Company has exercised its option to redeem all of the outstanding 8.75% Junior Subordinated Debentures due July 24, 2045 (the "8.75% Debentures") held by TransCanada Capital on July 3, 2003 (the "Redemption Date"). B. In accordance with the Amended and Restated Declaration o

Transcanada Capital – NOTICE OF REDEMPTION (June 24th, 2003)

EXHIBIT 99.1 NOTICE OF REDEMPTION TRANSCANADA PIPELINES LIMITED 8.75% JUNIOR SUBORDINATED DEBENTURES TO: THE HOLDER OF 8.75% JUNIOR SUBORDINATED DEBENTURES NOTICE IS HEREBY GIVEN THAT: 1. Pursuant to the Subsection 11.3 of the Indenture dated July 15, 1996 between TransCanada PipeLines Limited (the "Company") and The Bank of New York, as successor trustee (the "Successor Trustee") to IBJ Whitehall Bank & Trust Company (formerly IBJ Schroder Bank & Trust Company), the Company will exercise its option to redeem all of the outstanding 8.75% Junior Subordinated Debentures due July 24, 2045 (the "8.75% Debentures") on July 3, 2003 (the "Redemption Date") on payment of the Redemption Price (as defined below). 2. On or after the Redemption Date, the Company shall pay to, or to the order