Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1861

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1861
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eto in Section 7.9; |

| (h) | “Business Day” means any day other than a Saturday, Sunday or statutory holiday in the Province of Ontario; |

| (i) | “CBCA” means the Canada Business Corporations Act, and the regulations thereunder, as replaced or amended from time to time; |

| (j) | “CDS” means CDS Clearing and Depository Services Inc. and its successors; |

| (k) | “CDS Participant” means a broker, dealer, bank, other financial institution or other person who, directly or indirectly, from time to time, effects book-based transfers with CDS and pledges of securities deposited with CDS; |

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| (l) | “Chair”, “Vice-Chair”, “Chief Executive Officer”, “Chief Financial Officer”, “Chief Investment Officer”, “Chief Operating Officer”, “Treasurer” and “Secretary” mean the person(s) holding the respective office from time to time if so elected, appointed, engaged or employed by the Trustees; |

| (m) | “Closing” means the closing of the Offering and the contribution of the Initial Portfolio as described in the Prospectus; and “Closing Date” means the date on which the Closing occurs; |

| (n) | “Code” shall mean the U.S. Internal Revenue Code of 1986, as replaced or amended, from time to time; |

| (o) | “CPOA” has the meaning given thereto in Section 3.7(d); |

| (p) | “Current Unitholder” means the person named herein as the current unitholder of the Initial Unit; |

| (q) | “Declaration of Trust” means this amended and restated declaration of Trust as amended, supplemented or amended and restated from time to time; |

| (r) | “dissenting offeree” means, where a take-over bid is made for all of the Units other than those held by the offeror (its affiliates and associates), a holder of Units who does not accept the take-over bid and includes a subsequent holder of those Units who acquires them from the first mentioned holder; |

| (s) | “Distribution Date” means any date on which the Trustees have determined that a distribution will be made by the Trust to the Unitholders; |

| (t) | “Exempt Plans