Company: FRFXF
Filing Date: 2025-10-01
Form Type: F-10
Source: 0001104659-25-095645
Chunk: 67

Company: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Filing Date: 2025-10-01
Form: F-10
Chunk 67
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 it will deliver a prospectus meeting the requirements of the Securities Act and that it has not entered into any arrangement or understanding with the Company, or an affiliate of the Company, to distribute the applicable Exchange Notes in connection with any resale of such Exchange Notes.

**Acceptance of Initial Notes for Exchange; Delivery of Exchange Notes**

Upon satisfaction or waiver of all of the conditions to an Exchange Offer, all Initial Notes of the applicable series that are validly tendered will be accepted promptly after the applicable Expiration Date and the Exchange Notes of the applicable series will be issued promptly after acceptance of the Initial Notes of such series. See “— Conditions.” For purposes of the Exchange Offers, Initial Notes shall be deemed to have been accepted as validly tendered for exchange when, as and if the Company has given written notice thereof to the exchange agent.

For each Initial Note of a series accepted for exchange, the holder of such Initial Note will receive an Exchange Note of such series having a principal amount equal to that of the surrendered Initial Note.

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In all cases, issuance of Exchange Notes for Initial Notes that are accepted for exchange pursuant to an Exchange Offer will be made only after timely receipt by the exchange agent of:

•

certificates representing the Initial Notes or a timely book-entry confirmation of such Initial Notes into the exchange agent’s account at DTC; and

•

a properly completed and duly executed letter of transmittal and all other required documents or a properly completed agent’s message.

If any tendered Initial Notes are not accepted for any reason described in the terms and conditions of the applicable Exchange Offer, such unaccepted or such non-exchanged Initial Notes will be returned promptly without expense to the tendering holder thereof (if in certificated form) or credited to an account maintained with DTC after the expiration or termination of such Exchange Offer.

#### Book-Entry Transfer
The exchange agent has established accounts with respect to the Initial Notes at DTC for purposes of the Exchange Offers. Any financial institution that is a participant in DTC’s systems may make book-entry delivery of Initial Notes by causing DTC to transfer such Initial Notes into the exchange agent’s account at DTC in accordance with DTC’s procedures for transfer. However, although delivery of Initial Notes may be effected through book-entry transfer at DTC, the exchange agent must receive a properly completed and duly executed letter of transmittal with any required signature guarantees and all other required documents at its address listed in the letter of transmitt