Company: EMICF
Filing Date: 2025-09-30
Form Type: 424B2
Source: 0000950103-25-012565
Chunk: 58

Company: EMERA INC
Filing Date: 2025-09-30
Form: 424B2
Chunk 58
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 Notes.

Forms and Denominations

The Notes will be issued
as one or more global securities in the name of a nominee of DTC and will be available only in book-entry form. The Notes will be issued
in denominations of $2,000 and integral multiples of $1,000 in excess thereof.

Modification of the Indenture

Amendments of the Indenture
and the Notes may be made by the Issuer, the Guarantors and the Trustee with the consent of the holders of a majority in principal amount
of the outstanding Notes affected thereby; provided, however, that no such amendment may, without the consent of the holder the Notes
affected thereby:

| · | extend the final maturity of the principal of the Notes; |

| · | reduce the principal amount of the Notes; |

| · | reduce the rate or extend the time of payment of interest, including default interest, on the Notes; |

| · | reduce any amount payable on redemption of the Notes; |

| · | change the currency in which the principal of, premium, if any, or interest, on the Notes is payable; |

<div align='center'>S-31</div>

| · | waive a continuing default or Event of Default in the payment of principal of or premium, if any, or interest 
 on the Notes;                                                                                                 |

| · | impair the right to institute suit for the enforcement of any payment on the Notes when due; or |

| · | make any change in the percentage in principal amount of the Notes, the consent of the holders of which 
 is required for any such amendment.                                                                     |

Without the consent of any
holder of outstanding Notes, the Issuer, the Guarantors and the Trustee may amend the Indenture and the Notes to:

| · | cure any ambiguity, omission, defect or inconsistency; |

| · | provide for the assumption by a successor to the obligations of the Issuer, EUSHI or Emera, as applicable, 
 under the Indenture;                                                                                       |

| · | provide for uncertificated Notes in addition to or in place of Certificated Notes; |

| · | provide for the issuance of Notes and related guarantees or additional Notes in accordance with the Indenture; |

| · | effect or maintain, or otherwise comply with the requirements of the Commission in connection with, the 
 qualification of the Indenture under the Trust Indenture Act;                                           |

| · | secure all or any of