Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 75

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 75
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 NXDT Intermediary, NXDT Merger Sub and NXDT OP (jointly and severally) to the Company, NHT Intermediary, NHT Holdings and NHT OP. Those representations and warranties were made solely for purposes of the Merger Agreement, were made as of a specified date (and in certain circumstances shall be made again as of the Closing), may have been used for the purpose of allocating risk between the parties rather than for the purpose of establishing facts, and may be subject to contractual standards of materiality different from what may be viewed as material to Unitholders. For the foregoing reasons, Unitholders should not rely on the representations and warranties contained in the Merger Agreement as statements of factual information at the time they were made or otherwise.

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The Merger Agreement contains representations and warranties made by the Company, NHT Intermediary, NHT Holdings and NHT OP (jointly and severally) in favour of NXDT, NXDT Intermediary and NXDT OP, including inter alia, with respect to: organization and qualification, capitalization, authority, the absence of any conflicts, required filings and consents, securities filings and financial statements; the absence of certain changes; the absence of undisclosed liabilities, permits, compliance with law, litigation, tax matters, real property, environmental matters, intellectual property, contracts, insurance, fairness opinion, takeover statutes, vote required, brokers, and the absence of transactions with related parties.

The Merger Agreement also contains representations and warranties made by NXDT, NXDT Intermediary and NXDT OP (jointly and severally) in favour of the Company, NHT Intermediary, NHT Holdings and NHT OP including inter alia, with respect to: organization and qualification, capitalization, authority, the absence of any conflicts, required filings and consents, the absence of a required shareholder vote, the absence of a shareholder rights plan, securities filings and financial statements, the absence of certain changes, the absence of undisclosed liabilities, the availability of cash, litigation, takeover statutes, brokers, tax classification and ownership of Units.

The Merger Agreement contains certain mutual conditions to the completion of the Transaction in favour of the parties to the Merger Agreement including that:

| (i) | the Transaction Resolution shall have received Unitholder approval in the manner set out in this Information Circular; |

| (ii) | no Governmental Entity of competent jurisdiction shall have enacted, issued, prom