Company: EMICF
Filing Date: 2025-09-30
Form Type: 424B2
Source: 0000950103-25-012565
Chunk: 14

Company: EMERA INC
Filing Date: 2025-09-30
Form: 424B2
Chunk 14
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 20 consecutive semi-annual Interest Payment Periods (so long as the entire Optional Deferral Period does not exceed 20 consecutive semi-annual Interest Payment Periods or extend beyond the final maturity date of the Notes) and to shorten the length of any Optional Deferral Period. The Issuer cannot begin a new Optional Deferral Period until the Issuer or the Guarantors have paid all accrued and unpaid interest on the Notes from any previous Optional Deferral Period. During any Optional Deferral Period, interest on the Notes will continue to accrue at the then applicable interest rate on the Notes (as reset from time to time on any Reset Date occurring during such Optional Deferral Period in accordance with the terms of the Notes). In addition, |

<div align='center'>S-4</div>

|                                                           | during any Optional Deferral Period,                                                                                                       
 interest on the deferred interest will accrue at the then-applicable interest rate on the Notes (as reset from time to time on any Reset   
 Date occurring during such Optional Deferral Period in accordance with the terms of the Notes), compounded semi-annually, to the extent    
 permitted by applicable law. For the definition of the term “Event of Default,” see “Description of the Notes—Events                       
 of Default”, and for the definition of the term “Interest Payment Period” and other important information concerning                       
 the Issuer’s right to defer interest payments on the Notes, see “Description of the Notes—Option to Defer Interest Payments.”              
 If the Issuer defers payments of                                                                                                           
 interest on the Notes, the Notes will be treated at that time, solely for purposes of the original issue discount rules, as having been    
 retired and reissued with original issue discount for U.S. federal income tax purposes. This means that if you are subject to U.S. federal 
 income taxation on a net income basis, you would be required to include in your gross income for U.S. federal income tax purposes the      
 deferred interest payments on your Notes before you receive any cash, regardless of your regular method of accounting for U.S. federal     
 income tax purposes. For more information concerning the tax consequences you may have if payments of interest are deferred, see “Risk     
 Factors—Holders of the Notes subject to U.S. federal income taxation may have to pay taxes on interest before they receive payments        
 from us” and “Material U.S. Federal Income Tax Considerations—Exercise of Deferral Option.”                                                |
| Certain Restrictions during an Optional Interest Deferral | During