Company: EMICF
Filing Date: 2025-09-29
Form Type: 424B2
Source: 0000950103-25-012357
Chunk: 51

Company: EMERA INC
Filing Date: 2025-09-29
Form: 424B2
Chunk 51
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 into in connection with the implementation of Sections 1471 through 
 1474 of the U.S. Internal Revenue Code of 1986 (the “Code”); or                                                                              |

| · | any combination of any of the foregoing exceptions. |

The Issuer will also (i)
make such withholding or deduction and (ii) remit the full amount deducted or withheld to the relevant authority in accordance with applicable
law. Notwithstanding the foregoing, Emera, EUSHI or the Issuer, as the case may be, will indemnify and hold harmless the recipient of
any payment made under the Notes or any Guarantee for the amount of any taxes under Regulation 803 of the Tax Act or any similar or successor
provision (other than taxes described in clauses (i) through (viii) above or taxes arising by reason of a transfer of the Note to a person
resident in Canada with whom the transferor does not deal at arm’s length for the purposes of the Tax Act except where such non-arm’s
length relationship arises as a result of the exercise or enforcement of rights under any Notes or any Guarantee) levied or imposed on
and paid by such recipient as a result of such payment.

The Issuer will furnish to
the holders of the Notes within 60 days after the date the payment of any Canadian Taxes is due pursuant to applicable law, certified
copies of tax receipts or other documents evidencing such payment by the Issuer.

In the event the Issuer fails
to remit any Canadian Taxes in respect of which Additional Amounts are payable, the Issuer will indemnify and hold harmless each holder
of Notes (other than, for certainty, a recipient or beneficial owner not entitled to receive Additional Amounts) and upon written request
reimburse each such holder for the amount, excluding any payment of Additional Amounts by the Issuer, of

| · | any Canadian Taxes levied or imposed and paid by such holder as a result of payments made under or with 
 respect to the Notes;                                                                                   |

| · | any liability (including penalties, interest and expenses) arising therefrom or with respect thereto; 
 and                                                                                                   |

| · | any Canadian Taxes imposed with respect to any reimbursement under the preceding two bullet points, but 
 excluding any such Canadian Taxes on such holder’s net income.                                          |

Wherever in the Indenture
there is mentioned, in any context, the payment of principal, premium, if any, interest or any other amount payable under