Company: FRFXF
Filing Date: 2025-10-09
Form Type: F-10/A
Source: 0001104659-25-098335
Chunk: 70

Company: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Filing Date: 2025-10-09
Form: F-10/A
Chunk 70
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 or to exchange any Exchange Notes of a series for, any Initial Notes of such series in respect of either or both Exchange Offers, and the Company may terminate either or both Exchange Offers or, at the Company’s option, modify, extend or otherwise amend either or both of the Exchange Offers, if any of the following conditions are not satisfied with respect to the applicable Exchange Offer(s) on or prior to the applicable Expiration Date:

•

no action or event shall have occurred or been threatened, no action shall have been taken, and no statute, rule, regulation, judgment, order, stay, decree or injunction shall have been issued, promulgated, enacted, entered, enforced or deemed to be applicable to the applicable Exchange Offer(s) or the exchange of Initial Notes for Exchange Notes of the applicable series under the applicable Exchange Offer(s) by or before any court or governmental regulatory or administrative agency, authority, instrumentality or tribunal, including, without limitation, taxing authorities, that either:

(1)

challenges the making of the applicable Exchange Offer(s) or the exchange of Initial Notes for

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Exchange Notes of the applicable series under the applicable Exchange Offer(s) or might, directly or indirectly, be expected to prohibit, prevent, restrict or delay consummation of, or might otherwise adversely affect in any material manner, the applicable Exchange Offer(s) or the exchange of Initial Notes for Exchange Notes of the applicable series under the applicable Exchange Offer(s); or

(2)

in the Company’s reasonable judgment, could materially adversely affect the Company’s (or the Company’s subsidiaries’) business, condition (financial or otherwise), income, operations, properties, assets, liabilities or prospects or materially impair the contemplated benefits to the Company of the applicable Exchange Offer(s) or the exchange of Initial Notes for Exchange Notes of the applicable series under the applicable Exchange Offer(s);

•

nothing has occurred or may occur that would or might, in the Company’s reasonable judgment, be expected to prohibit, prevent, restrict or delay the applicable Exchange Offer(s) or impair the Company’s ability to realize the anticipated benefits of the applicable Exchange Offer(s);

•

there shall not have occurred: (a) any general suspension of or limitation on trading in securities in Canadian or United States securities or financial markets, whether or not mandatory, (b) any material adverse change in the prices of the Initial Notes of the series that are the subject of the applicable Exchange Offer(s), (c) a material impairment in the general trading