Company: FRFXF
Filing Date: 2025-10-09
Form Type: F-10/A
Source: 0001104659-25-098335
Chunk: 66

Company: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Filing Date: 2025-10-09
Form: F-10/A
Chunk 66
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 any irregularities or conditions of tender as to particular Initial Notes. The Company will not waive any condition of either Exchange Offer with respect to an individual holder of Initial Notes of a series unless the Company waives that condition for all holders of Initial Notes of that series. The Company’s interpretation of the terms and conditions of each Exchange Offer, including the instructions in the letter of transmittal, will be final and binding on all parties. Unless waived, any defects or irregularities in connection with tenders of Initial Notes must be cured within such time as the Company shall determine. Neither the Company, the exchange agent nor any other person shall be under any duty to give notification of defects or irregularities with respect to tenders of Initial Notes, nor shall any of them incur any liability for failure to give such notification. Tenders of Initial Notes will not be, or be deemed to have been, made until all irregularities have been cured or waived. Any Initial Note received by the exchange agent that is not validly tendered and as to which the defects or irregularities have not been cured or waived will be returned without cost to such holder by the exchange agent, unless otherwise provided in the letter of transmittal, promptly following the applicable Expiration Date.

In addition, the Company reserves the right, in its sole discretion, subject to the provisions of the Indenture pursuant to which the Initial Notes were issued:

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to purchase or make offers for any Initial Notes that remain outstanding subsequent to the applicable Expiration Date or, as described under “— Conditions,” to terminate the applicable Exchange Offer;

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to redeem either or both series of Initial Notes as a whole, or in part, at any time and from time to time; and

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to the extent permitted under applicable law, to purchase Initial Notes in the open market, in privately negotiated transactions or otherwise.

The terms of any such purchases or offers could differ from the terms of the applicable Exchange Offer.

Each broker-dealer that receives Exchange Notes for its own account in exchange for Initial Notes of such series where such Initial Notes were acquired by such broker-dealer as a result of market-making or other trading activities, must acknowledge that 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