Company: AXS-PE
Filing Date: 2025-11-04
Form Type: S-3ASR
Source: 0001104659-25-106379
Chunk: 35

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-11-04
Form: S-3ASR
Chunk 35
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 action must be taken to comply with the order of a court or regulatory authority, unless the order was requested by us or one of our restricted subsidiaries;

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we dispose of all of the voting stock of a restricted subsidiary owned by us or by a restricted subsidiary for cash or other property having a fair market value that is at least equal to the fair market value of the disposed stock, as determined in good faith by our board of directors;

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the issuance, sale, assignment, transfer or other disposition is made to us or another restricted subsidiary; or

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after completion of a sale or other disposition of the stock of a restricted subsidiary, we and our restricted subsidiaries would own 80% or more of the voting stock of the restricted subsidiary and the consideration received for the disposed stock is at least equal to the fair market value of the disposed stock, as determined in good faith by our board of directors.

The senior debt indenture does not restrict the merger or consolidation of an AXIS Capital subsidiary, including a restricted subsidiary, into or with another person or the transfer of assets from an AXIS Capital subsidiary, including a restricted subsidiary, to any other person, including us or another of our subsidiaries.

#### Commission Reports
Under the indentures we are required to provide to the trustee, within 15 days after we file such annual and quarterly reports, information, documents and other reports with the SEC, copies of our annual report and of the information, documents and other reports (or copies of such portions of any of the foregoing as the SEC may by rules and regulations prescribe) which we are required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act. Delivery of such reports, information and documents to the trustee is for informational purposes only and the trustee’s receipt of such shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including our compliance with any of its covenants hereunder (as to which the trustee is entitled to rely exclusively on Officer’s Certificates). The trustee shall be under no obligation to analyze or make any credit decisions with respect to reports or other information received by it, but shall hold such reports and other information solely for the benefit of, and review by, the security holders. Notwithstanding the foregoing, we will be deemed to have satisfied these requirements if (i) we have filed such reports, information or documents with the SEC via the EDGAR (or successor) filing system or (ii)