Company: FRFXF
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0001104659-25-028272
Chunk: 53

Company: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Filing Date: 2025-03-26
Form: 424B3
Chunk 53
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 and not permit acceptance of Initial Notes not previously accepted if any of the conditions set forth under “— Conditions”            
 shall have occurred and shall not have been waived prior to the Expiration Date, by giving written notice of such delay, extension or 
 termination to the exchange agent; or                                                                                                 |

| · | to amend the terms of the Exchange Offer in any manner deemed by the Company or Allied World to be advantageous 
 to the holders of the Initial Notes.                                                                            |

Any such delay in acceptance,
extension, termination or amendment will be followed as promptly as practicable by written notice to the exchange agent. If the Exchange
Offer is amended in a manner determined by the Company or Allied World to constitute a material change, we will promptly disclose such
amendment in a manner reasonably calculated to inform the holders of the Initial Notes of such amendment and we will extend the Exchange
Offer for a period of five to ten business days. In addition, if we amend or terminate the Exchange Offer, we will promptly file a post-effective
amendment to the Registration Statement of which this prospectus forms a part. Without limiting the manner in which we may choose to make
public the announcement of any delay, extension, amendment or termination of the Exchange Offer, we shall have no obligation to publish,
advertise or otherwise communicate any such public announcement, other than by making a timely release to an appropriate news agency.

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Absence of Dissenter’s Rights of Appraisal

Holders of the Initial Notes
do not have any dissenter’s rights of appraisal in connection with the Exchange Offer.

Procedures for Tendering

To tender in the Exchange
Offer, a holder must do either of the following:

| · | properly complete, sign and date the letter of transmittal, including all other documents required by                                       
 the letter of transmittal; have the signature on the letter of transmittal guaranteed if the letter of transmittal so requires; and deliver 
 that letter of transmittal and other required documents to the exchange agent at the address listed in the letter of transmittal on or      
 before the Expiration Date; or                                                                                                              |

| · | if the Initial Notes are tendered under the book-entry transfer procedures described below, transmit to 
 the exchange agent, on or before the Expiration Date, an agent’s message.                               |

In addition, one of the following
must occur:

| · | the exchange agent must receive certificates representing the holder’s Initial