Company: EMICF
Filing Date: 2025-09-30
Form Type: 424B2
Source: 0000950103-25-012565
Chunk: 48

Company: EMERA INC
Filing Date: 2025-09-30
Form: 424B2
Chunk 48
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Trustee shall have received, on or before the applicable redemption date, monies in an amount sufficient to pay the redemption price and
accrued and unpaid interest on the Notes called for redemption to but excluding the redemption date. If monies in such amount are not
received by the Trustee on or before such redemption date, such notice of redemption shall be automatically canceled and of no force or
effect, such proposed redemption shall be automatically canceled and the Issuer shall not be required to redeem the Notes called for redemption
on such redemption date. In the event that a redemption is canceled, the Issuer will, not later than the business day immediately following
the proposed redemption date, deliver, or cause to be delivered, notice of such cancellation to the registered holders of the Notes called
for redemption (which notice will also indicate that any Notes or portions thereof surrendered for redemption shall be returned to the
applicable holders), and the Issuer will direct the Trustee to, and the Trustee will, promptly return any Notes or portions thereof that
have been surrendered for redemption to the applicable holders.

Unless the Issuer or the
Guarantor defaults in payment of the redemption price or the proposed redemption is canceled in accordance with the provisions set forth
in the immediately preceding paragraph, on and after the redemption date interest will cease to accrue on the Notes or portions thereof
called for redemption.

Our actions and determinations
in determining the redemption price shall be conclusive and binding for all purposes, absent manifest error.

The Trustee shall have no
duty to determine, or verify the calculation of, the redemption price.

If the Issuer redeems less
than all of the Notes on any redemption date, the Trustee will select the Notes to be redeemed by lot or, in the case of Notes in book-entry
form represented by one or more global Notes, by such other customary method prescribed by the depositary, which may be made on a pro
rata pass-through distribution of principal basis.

Unless the Issuer or the
Guarantors default in payment of the redemption price, on and after the redemption date interest will cease to accrue on the Notes or
portions thereof called for redemption.

Additional Amounts

All payments made by or on
behalf of Emera, EUSHI or the Issuer under or with respect to the Notes or the Guarantees will be made free and clear of and without withholding
or deduction for or on account of any present or future tax, duty