Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1888

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1888
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 transaction or proposed material contract or transaction with the Trust (or an affiliate thereof), |

| such Trustee or officer of the Trust shall disclose in writing to the Trustees or request to have entered into the minutes of meetings of the Trustees the nature and extent of such interest. |

| (b) | The disclosure required under Section 4.10(a) in the case of a Trustee shall be made: |

| (i) | at the meeting of Trustees at which a proposed contract or transaction is first considered; |

| (ii) | if the Trustee was not then interested in a proposed contract or transaction, at the first such meeting after he becomes so interested; |

| (iii) | if the Trustee becomes interested after a contract is made or a transaction is entered into, at the first meeting after he becomes so interested; or |

| (iv) | if a person who is interested in a contract or transaction later becomes a Trustee, at the first such meeting after he becomes a Trustee. |

| (c) | The disclosure required under Section 4.10(a) in the case of an officer of the Trust who is not a Trustee shall be made: |

| (i) | forthwith after such person becomes aware that the contract or transaction or proposed contract or transaction is to be considered or has been considered at a meeting of the Trustees; |

| (ii) | if such person becomes interested after a contract is made or transaction is entered into, forthwith after such person becomes aware that he has become so interested; or |

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| (iii) | if a person who is interested in a contract or a transaction later becomes an officer of the Trust, forthwith after he becomes an officer of the Trust. |

| (d) | Notwithstanding Subsections 4.10(a)(i) and 4.10(a)(ii), where this Section 4.10 applies to any person in respect of a material contract or transaction or proposed material contract or transaction that, in the ordinary course of the affairs of the Trust, would not require approval by the Trustees or the Unitholders, such person shall disclose in writing to the Trustees or request to have entered into the minutes of meetings of the Trustees the nature and extent of such person’s interest forthwith after such person becomes aware of the contract or transaction or proposed contract or transaction. |

| (e) | A Trustee referred to in this