Company: EMICF
Filing Date: 2025-09-30
Form Type: 424B2
Source: 0000950103-25-012565
Chunk: 113

Company: EMERA INC
Filing Date: 2025-09-30
Form: 424B2
Chunk 113
---
 Securities, and any mandatory sinking fund or analogous payments thereon, on the scheduled due dates therefor       
 in the Currency in which such Debt Securities are then specified as payable at Stated Maturity;                                              |

| · | in the case of defeasance, except where such election relates to a series of Debt Securities offered to                                      
 or held solely by persons that are not U.S. persons, we shall have delivered to the trustee an Opinion of Counsel stating that (x) we        
 have received from, or there has been published by, the Internal Revenue Service a ruling or (y) since the date of the relevant Indenture,   
 there has been a change in the applicable United States federal income tax law, in either case to the effect that, and based thereon such    
 Opinion of Counsel shall confirm that, the holders of such Debt Securities will not recognize income, gain or loss for United States federal 
 income tax purposes as a result of such defeasance and will be subject to United States federal income tax on the same amounts, in the       
 same manner and at the same times as would have been the case if such defeasance had not occurred; and                                       |

<div align='center'>20</div>

| · | in the case of covenant defeasance, except where such election relates to a series of Debt Securities                                      
 offered to or held solely by persons that are not U.S. persons, we shall have delivered to the trustee an Opinion of Counsel to the effect 
 that the holders of such Debt Securities will not recognize income, gain or loss for United States federal income tax purposes as a result 
 of such covenant defeasance and will be subject to United States federal income tax on the same amounts, in the same manner and at the     
 same times as would have been the case if such covenant defeasance had not occurred; and                                                   |

Payment of Principal and Interest and Paying
Agents

Unless otherwise specified
in the applicable Indenture, principal of (and premium, if any) and interest, if any, on any Debt Securities will be payable at an office
or agency maintained by us in New York, New York, except that at our option, interest, if any, may be paid by:

| · | check mailed to the address of the Person entitled thereto as such address shall appear in the Security 
 Register, or                                                                                            |

| · | wire transfer to an account located in the United States or Canada maintained by the person entitled thereto 
 as specified in the Security