Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1475

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1475
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8, 2022, as amended, restated and/or supplemented from time to time.

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I-1147</div>

” means a class of REIT Shares or Partnership Units, as the context may require.

” means a Partner that holds Class A Common Units.

” means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

” means a Partner that holds Class B Common Units.

” means a Common Unit which is designated as a “Class B Common Unit” and which has the rights, preferences and other privileges designated in hereto and elsewhere in this Agreement in respect of holders of Common Units.

” means a Partner that holds Class C Common Units.

” means a Common Unit which is designated as a “Class C Common Unit” and which has the rights, preferences and other privileges designated in hereto and elsewhere in this Agreement in respect of holders of Common Units.

” means the Internal Revenue Code of 1986, as amended and in effect from time to time, as interpreted by the applicable regulations thereunder. Any reference herein to a specific section or sections of the Code shall be deemed to include a reference to any corresponding provision of future law.

” means the Partnership Units, other than LTIP Units, Series A Preferred Units or any other series of units of limited partnership interests issued in the future and designated as preferred or otherwise different from the Common Units, including, but not limited to, with respect to the payment of distributions, including distributions upon liquidation.

” means NexPoint Homes Trust, Inc., a Maryland corporation.

” means (a) the Economic Capital Account Balance of the Company but only to the extent attributable to the Company’s ownership of Common Units and computed on a hypothetical basis after taking into account all allocations through the date on which any allocation is made under Section 1.I of divided by (b) the number of the Company’s Common Units.

” has the meaning set forth in .

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I-1148</div>

” or “” means ownership under the constructive ownership rules described in hereof.

” means each property or other asset, in such form as may be permitted by the Act (but excluding cash), contributed or deemed contributed to the Partnership. Once the Carrying Value of a Contributed Property is adjusted pursuant to hereof, such property shall no longer constitute a Contributed Property