Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1979

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1979
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 the Company. 38

Section 8.6. Redemption Right. 39

Section 8.7. Compulsory Acquisition. 40

ARTICLE 9. BOOKS, RECORDS, ACCOUNTING AND REPORTS 41

Section 9.1. Records and Accounting. 41

Section 9.2. Fiscal Year. 41

Section 9.3. Reports. 41

ARTICLE 10. TAX MATTERS 42

Section 10.1. Preparation of Tax Returns. 42

Section 10.2. Tax 42

Section 10.3. Partnership Representative. 43

Section 10.4. Withholding. 44

ARTICLE 11. TRANSFERS AND WITHDRAWALS 45

Section 11.1. Transfer. 45

Section 11.2. Members’ Rights to Transfer. 45

Section 11.3. Substituted Members. 47

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Section 11.4. Assignees. 48

Section 11.5. Drag-Along Rights. 48

Section 11.6. General Provisions. 49

ARTICLE 12. ADMISSION OF MEMBERS 50

Section 12.1. Admission of Additional Members. 50

Section 12.2. Amendment of Agreement and Certificate of Formation. 51

ARTICLE 13. DISSOLUTION, LIQUIDATION AND TERMINATION 51

Section 13.1. Dissolution. 51

Section 13.2. Winding Up. 51

Section 13.3. Deficit Capital Account Restoration Obligation. 53

Section 13.4. Deemed Contribution and Distribution. 53

Section 13.5. Rights of Members. 53

Section 13.6. Notice of Dissolution. 53

Section 13.7. Termination of Company and Cancellation of Certificate. 54

Section 13.8. Reasonable Time for Winding Up. 54

Section 13.9. Waiver of Partition. 54

ARTICLE 14. AMENDMENT OF LLC AGREEMENT; MEETINGS 54

Section 14.1. Amendment of LLC Agreement. 54

Section 14.2. Meetings of the Members. 55

ARTICLE 15. SPE RESTRICTIONS