Company: FRFXF
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0001104659-25-028272
Chunk: 123

Company: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Filing Date: 2025-03-26
Form: 424B3
Chunk 123
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 claim which under the laws of the Province of Ontario
and the federal laws of Canada applicable therein would be characterized as based on a foreign revenue, expropriatory, penal or other
public law; (C) the New York Judgment is contrary to Ontario public policy, as such term is interpreted under the laws of the Province
of Ontario and the federal laws of Canada applicable therein, or to an order made by the Attorney General of Canada under the Foreign Extraterritorial Measures Act(Canada) or by the Competition Tribunal under the Competition Act(Canada) in respect of certain
judgments referred to in these statutes; and (D) the New York Judgment has been satisfied or is void under the laws of the State
of New York. In the opinion of such counsel, there are currently no reasons under the law of Ontario for avoiding recognition of said
judgments of New York Courts under the Indenture or on the Notes based upon public policy. The Company has been advised by such counsel
that a monetary judgment of a U.S. court predicated solely upon civil liability provisions of U.S. federal securities laws would likely
be enforceable in Canada if the U.S. court in which judgment was obtained had a basis for jurisdiction that was recognized by a Canadian
court for such purposes. The Company has also been advised by its counsel, that it is less certain that an original action could be commenced
in Canada on the basis of liability predicated solely upon such laws.

Allied World

Allied World is a Bermuda
exempted company incorporated under the laws of Bermuda. A substantial portion of Allied World’s assets are located outside of
Canada and the United States and certain of the directors, as well as certain of the experts named in this prospectus, may be residents
of jurisdictions outside of Canada and the United States. Allied World has appointed an agent for service of process in the United States.
However, it may be difficult for investors to effect service within the United States or upon those directors and experts who are not
residents of the United States, as applicable. Holders of Notes are advised that it may also not be possible for them to enforce judgments
obtained in the United States against any person or company that is incorporated, continued or otherwise organized under the laws of
a foreign jurisdiction or resides outside of the United States, even if the party has appointed an agent for service of process. Furthermore,
it may be difficult to realize upon or enforce in the United States any judgment of a