Company: EMICF
Filing Date: 2025-09-19
Form Type: DRS
Source: 0000950103-25-011900
Chunk: 21

Company: EMERA INC
Filing Date: 2025-09-19
Form: DRS
Chunk 21
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 trustee may take any other action deemed proper by the trustee which is not inconsistent with such direction, and (iii) the trustee need not take any action which might expose the trustee to personal liability or be unduly prejudicial to the holders of outstanding Debt Securities of such affected series not joining therein.

Modification and Waiver

We and the trustee (and any applicable Guarantor, solely in the case of supplemental indentures amending any covenant, right or power of such Guarantor under the applicable Indenture) may modify and amend the applicable Indenture with the consent of the holders of not less than a majority in principal amount of all Outstanding Debt Securities under the applicable Indenture that are affected by such modification or amendment; provided that no such modification or amendment may, without the consent of the holder of each Outstanding Debt Security affected thereby, among other things:

| • | extend                                                                             
 the Stated Maturity of the principal of any of the Debt Securities of such series; |

| • | reduce                                                             
 the principal amount of any of the Debt Securities of such series; |

| • | reduce                                                                                    
 the rate or extend the time of payment of interest, including default interest, on any of 
 the Debt Securities of such series;                                                       |

| • | reduce                                                                         
 any amount payable on redemption of any of the Debt Securities of such series; |

| • | change                                                                                    
 the currency in which the principal of or premium, if any, or interest on any of the Debt 
 Securities of such series is payable;                                                     |

| • | impair                                                                                     
 the right to institute suit for the enforcement of any payment of principal of or premium, 
 if any, or interest on any Debt Security of such series, subject to certain terms of the   
 applicable Indenture;                                                                      |

| • | make                                                                                             
 any change in the percentage of principal amount of the Debt Securities of such series necessary 
 to waive compliance with or to modify certain provisions of the applicable Indenture; 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