Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1397

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1397
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 Agreement dated as of April 11, 2023, as the same may be further amended, restated, modified, or amended and restated from time to time.

: IQHQ HOLDINGS, L.P., a Delaware limited partnership.

: Collectively, all federal, state and local laws, statutes, codes, ordinances, orders, rules and regulations, including judicial opinions or precedential authority in the applicable jurisdiction.

: As such term is defined in .

: As defined in the opening paragraph of this Agreement, and including any successor holder of the Loan from time to time.

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: With respect to any asset, (a) any lien, pledge, hypothecation, encumbrance, charge or security interest in, on or of such asset, (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing) relating to such asset and (c) in the case of securities, any purchase option, call or similar right of a third party with respect to such securities.

: With respect to any Person, all unpledged and unencumbered cash and Cash Equivalents of such Person (but for avoidance of doubt cash and Cash Equivalents pledged to the Lender shall be included in Liquidity).

: Each advance made by Lender to Borrower pursuant to the terms of this Agreement.

: The maximum amount of the Facility as set forth in , as the same may be increased or reduced from time to time in accordance with the terms and conditions of .

: The collective reference to this Agreement, the documents and instruments listed in , and all the other documents and instruments entered into from time to time, evidencing or securing the Loan or any obligation of payment thereof or performance of Borrower’s obligations in connection with the transaction contemplated hereunder, each as amended.

: The date of the initial disbursement of proceeds of the Loan.

: If, in Lender’s reasonable discretion, the business prospects, operations or financial condition of a person, entity or property has changed in a manner which could impair the value of Lender’s security for the Loan, prevent timely repayment of the Loan or otherwise prevent the applicable person or entity from timely performing any of its material obligations under the Loan Documents.

: The Initial Maturity Date, , if Borrower timely satisfies the conditions to extend the term of the Loan pursuant to