Company: EMICF
Filing Date: 2025-09-29
Form Type: 424B2
Source: 0000950103-25-012357
Chunk: 108

Company: EMERA INC
Filing Date: 2025-09-29
Form: 424B2
Chunk 108
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ure; or              |

| · | waive a continuing Default or Event of Default in the payment of principal of or premium, if any, or interest 
 on the Debt Securities of such series.                                                                        |

The holders of a majority
in principal amount of Outstanding Debt Securities under the Indenture affected thereby have the right to waive compliance by us with
certain covenants.

We and the trustee (and any
applicable Guarantor solely in the case of supplemental indentures establishing the form or terms of any series of Debt Securities pursuant
to the applicable Indenture, adding or evidencing the succession of a Guarantor or amending any covenant, right or power of such Guarantor
under the applicable Indenture) may modify and amend the applicable Indenture without the consent of any holder under the relevant Indenture,
for any of the following purposes:

| · | to convey, transfer, assign, mortgage or pledge to the trustee as security for the Securities of such 
 series any property or assets;                                                                        |

| · | to evidence the succession of another person to EUSHI Finance or any Guarantor, or successive successions,                 
 and the assumption by the successor Person of the covenants, agreements and obligations of EUSHI Finance or any Guarantor; |

| · | to add to the covenants of EUSHI Finance or the Guarantors such further covenants, restrictions, conditions                                
 or provisions as EUSHI Finance or the Guarantors and the trustee shall consider to be for the protection of the holders of Debt Securities 
 of such series, to surrender any right or power herein conferred upon EUSHI Finance or the Guarantors, and to make the occurrence, or      
 the occurrence and continuance, of a default in any such additional covenants, restrictions, conditions or provisions an Event of Default  
 with respect to such series of Debt Securities permitting the enforcement of all or any of the several remedies provided in the applicable 
 Indenture, provided that in respect of any such additional covenant, restriction, condition or provision such amendment or supplement      
 may provide for a particular period of grace after default (which period may be shorter or longer than that allowed in the case of other   
 defaults) or may provide for an immediate enforcement upon such an Event of Default or may limit the remedies available to the trustee     
 upon such an Event of Default or may limit the right of the holders of a majority in aggregate principal amount of the Securities of such  
 series to waive such an Event