Company: EMICF
Filing Date: 2025-09-29
Form Type: 424B2
Source: 0000950103-25-012357
Chunk: 71

Company: EMERA INC
Filing Date: 2025-09-29
Form: 424B2
Chunk 71
---
 Note will generally be capital gain or loss and will be long-term capital gain or loss if at the
time of sale, exchange or retirement the Note has been held for more than one year. The deductibility of capital losses is subject to
limitations.

Backup Withholding and Information Reporting

Information returns generally
will be filed with the IRS in connection with payments on the Notes (including OID) and the proceeds from a sale or other disposition
of the Notes. A U.S. Holder will be subject to backup withholding on these payments if the U.S. Holder fails to provide its correct taxpayer
identification number to the applicable withholding agent and comply with certain certification procedures or otherwise establish an exemption
from backup withholding. Backup withholding is not an additional tax. The amount of any backup withholding from a payment to a U.S. Holder
will be allowed as a credit against the U.S. Holder’s U.S. federal income tax liability and may entitle the U.S. Holder to a refund,
provided that the required information is timely furnished to the IRS.

Tax Consequences to Non-U.S. Holders

As used herein, the term
“Non-U.S. Holder” means a beneficial owner of a Note that is, for U.S. federal income tax purposes:

| · | a nonresident alien individual; |

| · | a foreign corporation; or |

| · | a foreign estate or trust. |

The term “Non-U.S.
Holder” does not include a beneficial owner who is an individual present in the United States for 183 days or more in the taxable
year of disposition or who is (or may become while holding Notes) a former citizen or resident of the United States. Such a beneficial
owner is urged to consult his or her own tax advisor regarding the U.S. federal income tax consequences of the sale, exchange or other
disposition of a Note.

Payments on the Notes

Subject to the discussions
below concerning backup withholding and FATCA (as defined below), payments of principal, interest (including any OID) and premium on the
Notes to a Non-U.S. Holder generally will not be subject to U.S. federal income tax or withholding, providedthat, in the case
of interest:

| · | the Non-U.S. Holder does not own, actually or constructively, 10% or more of the total combined voting                                   
 power of all classes of the Issuer’s stock entitled to vote and is not a controlled foreign corporation related, directly or indirectly, 
 to the Issuer