Company: EMICF
Filing Date: 2025-09-30
Form Type: 424B2
Source: 0000950103-25-012565
Chunk: 60

Company: EMERA INC
Filing Date: 2025-09-30
Form: 424B2
Chunk 60
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 of New York or, at the Issuer’s option, by check mailed to holders of the Notes at their
registered addresses as they appear in the registrar’s books. In addition, if a holder of any Certificated Notes has given wire
transfer instructions in accordance with the Indenture, the Issuer will make all payments on those Notes by wire transfer.

<div align='center'>S-32</div>

The Issuer has initially
designated the Trustee, at its corporate trust office in The City of New York, to act as the Issuer’s paying agent and registrar.
The Issuer may, however, change the paying agent or registrar without prior notice to the holders of the Notes, and the Issuer or any
of the Issuer’s subsidiaries may act as paying agent or registrar.

The Issuer will pay principal
of, premium, if any, and interest on, any Note in global form registered in the name of or held by the Depository or its nominee in immediately
available funds to the Depository or its nominee, as the case may be, as the registered holder of such global note.

The Issuer will pay principal
of, premium, if any, and interest on the Notes in U.S. dollars.

Discharge, Legal Defeasance and Covenant
Defeasance

The Issuer may discharge
or defease its obligations under the Notes as set forth below.

Under terms specified in
the Indenture, the Issuer may discharge certain obligations to holders of the Notes that have not already been delivered to the Trustee
for cancellation. The Notes must also:

| · | have become due and payable; |

| · | be due and payable by their terms within one year; or |

| · | be scheduled for redemption by their terms within one year. |

The Issuer may discharge
the Notes by, among other things, irrevocably depositing an amount certified to be sufficient to pay at final maturity, or upon redemption
(including with respect to a Tax Event or a Rating Agency Event), the principal, premium, if any, and interest on the Notes. The Issuer
may make the deposit in cash, U.S. Government Obligations, or a combination thereof, as defined in the Indenture.

The Issuer may terminate
all its obligations under the Notes and the Indenture at any time, except for certain obligations, including those respecting the defeasance
trust and obligations to register the transfer or exchange of