Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1857

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1857
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53

1.8 Severability 54

1.9 Transferability 54

1.10 Transfer of Units 54

ARTICLE 9 MEETINGS OF UNITHOLDERS 54

1.1 Annual Meeting 54

1.2 Other Meetings 55

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1.3 Notice of Meeting of Unitholders 55

1.4 Nominations of Trustees 56

1.5 Chairperson 57

1.6 Quorum 58

1.7 Voting 58

1.8 Matters on which Unitholders Shall Vote 58

1.9 Record Dates 59

1.10 Proxies 59

1.11 Personal Representatives 60

1.12 Attendance by Others 60

1.13 Conduct of Meetings 60

1.14 Binding Effect of Resolutions 60

1.15 Resolution in Lieu of Meeting 60

1.16 Actions by Unitholders 60

1.17 Meaning of “Special Resolution” 61

1.18 Meaning of “Outstanding” 61

ARTICLE 10 MEETINGS OF THE TRUSTEES 61

1.1 Trustees May Act Without Meeting 61

1.2 Notice of Meeting 61

1.3 Place of Meeting 62

1.4 Chair 62

1.5 Quorum 62

1.6 Adjourned Meeting 62

1.7 Voting at Meetings 62

1.8 Meeting by Telephone 63

ARTICLE 11 COMMITTEES OF TRUSTEES 63

1.1 General 63

1.2 Additional Committees 64

1.3 Procedure 64

ARTICLE 12 DISTRIBUTIONS 64

1.1 Distributions 64

1.2 Allocation 65

1.3 Payment of Distributions 65

1.4 Income Tax Matters 66

1.5 Designations 66

1.6 Partnership Distributions 66

1.7 Definitions 66

ARTICLE 13 FEES AND EXPENSES 66

1.1 Expenses 66

1.2 Payment of Real Property and Brokerage Commissions 67

1.3 Asset Management, Development, Leasing and Financing Fees 67

ARTICLE 14 AMENDMENTS TO THE DECLARATION OF TRUST 67

1.1 Amendments by the Trustees 67

1.2 Amendments by Unitholders 68