Company: FRFXF
Filing Date: 2025-03-14
Form Type: F-4
Source: 0001104659-25-024010
Chunk: 107

Company: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Filing Date: 2025-03-14
Form: F-4
Chunk 107
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 exemption or reduction; (b) any estate, inheritance, gift, sales, transfer,
excise or personal property tax or any similar Taxes; (c) any Notes presented for payment more than 15 days after the date on which
such payment or such Notes became due and payable or the date on which payment thereof is duly provided for, whichever is later (except
to the extent that the holder would have been entitled to such Additional Amounts had the Notes been presented on the last day of such
15-day period); (d) any withholding or deduction imposed on a payment to a holder or beneficial owner pursuant to Sections 1471 to
1474 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”) or any successor version thereof, any agreements
entered into pursuant to current Section 1471(b)(1) of the Code, and any fiscal or regulatory legislation, rules or official
guidance, adopted pursuant to any intergovernmental agreement among governmental authorities entered into in connection with the implementation
of the foregoing, and including for greater certainty, Part XVIII and Part XIX of the Canadian Tax Act (“FATCA”),
or any Taxes or penalties that arise from the holder or beneficial owner’s failure to properly comply with its obligations with
respect to FATCA or the Canada United States Enhanced Tax Information Exchange Agreement Implementation Act; (e) any Taxes
which are payable otherwise than by withholding or deduction from any payment made under or with respect to the Notes; or (f) any
combination of the foregoing clauses (a) to (e); nor will such Additional Amounts be paid with respect to any payment on any Note
to a holder or beneficial owner who is a fiduciary or partnership or, other than the sole beneficial owner of such Note, to the extent
that a beneficiary or settlor with respect to such fiduciary, or a member of such partnership or a beneficial owner thereof would not
have been entitled to receive a payment of such Additional Amounts had such beneficiary, settlor, member or beneficial owner received
directly its beneficial or distributive share of such payment (collectively, “Excluded Taxes”). The Company will also
(a) make such withholding or deduction and (b) remit the full amount deducted or withheld to the relevant authority in accordance
with applicable law. Upon the written request of the trustee or a holder of Notes, the Company will furnish, as soon as reasonably practicable,
to the trustee or such holder of