Company: EMICF
Filing Date: 2025-09-29
Form Type: 424B2
Source: 0000950103-25-012357
Chunk: 59

Company: EMERA INC
Filing Date: 2025-09-29
Form: 424B2
Chunk 59
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 for the
consent of the holders under the Indenture to approve the particular form of any proposed amendment or waiver. It is sufficient if such
consent approves the substance of the proposed amendment or waiver. A consent to any amendment or waiver under the Indenture by any holder
of Notes given in connection with a tender of such holder’s Notes will not be rendered invalid by such tender. After an amendment
or waiver under the Indenture requiring consent of the holders becomes effective, the Issuer will deliver to the holders and the Trustee
a notice briefly describing such amendment or waiver. However, the failure to give such notice, or any defect in the notice, will not
impair or affect the validity of the amendment or waiver.

Payments on the Notes; Paying Agent and Registrar

The Issuer will pay principal
of, premium, if any, and interest on any Notes issued in certificated form (“Certificated Notes”) at the office or agency
the Issuer designates in The City of New York, except that the Issuer may pay interest on any Certificated Notes either at the corporate
trust office of the Trustee in The City of New York or, at the Issuer’s option, by check mailed to holders of the Notes at their
registered addresses as they appear in the registrar’s books. In addition, if a holder of any Certificated Notes has given wire
transfer instructions in accordance with the Indenture, the Issuer will make all payments on those Notes by wire transfer.

<div align='center'>S-32</div>

The Issuer has initially
designated the Trustee, at its corporate trust office in The City of New York, to act as the Issuer’s paying agent and registrar.
The Issuer may, however, change the paying agent or registrar without prior notice to the holders of the Notes, and the Issuer or any
of the Issuer’s subsidiaries may act as paying agent or registrar.

The Issuer will pay principal
of, premium, if any, and interest on, any Note in global form registered in the name of or held by the Depository or its nominee in immediately
available funds to the Depository or its nominee, as the case may be, as the registered holder of such global note.

The Issuer will pay principal
of, premium, if any, and interest on the Notes in U.S. dollars.

Discharge, Legal Defeasance and Covenant
Defeasance