Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 798

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 798
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 Partnership and other parties thereto, as was and may further be amended, restated, modified, supplemented or replaced from time to time.

” means the 10th Business Day after receipt by the Partnership of a Notice of Redemption; , that if the Company combines its outstanding REIT Shares, no Specified Redemption Date shall occur after the record date of such combination of REIT Shares and prior to the effective date of such combination.

” means, with respect to any Person, any real estate investment trust, corporation, partnership, limited liability company or other entity of which a majority of (a) the voting power of the voting equity securities or (b) the outstanding equity interests, is owned, directly or indirectly, by such Person.

” means a Person who is admitted as a Limited Partner to the Partnership pursuant to .

” has the meaning set forth in of .

” has the meaning set forth in .

” means any tenant from which the Company derives rent either directly or indirectly through partnerships or limited liability companies, including the Partnership.

” has the meaning set forth in .

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” means days on which the primary trading market for REIT Shares, if any, is open for trading.

” attributable to any item of Partnership Property means, as of any date of determination, the excess, if any, of (a) the fair market value of such property (as determined under ) as of such date; (b) the Carrying Value of such property (prior to any adjustment to be made pursuant to ) as of such date.

” attributable to any item of Partnership property means, as of any date of determination, the excess, if any, of (a) the Carrying Value of such property (prior to any adjustment to be made pursuant to ) as of such date; over (b) the fair market value of such property (as determined under ) as of such date.

” has the meaning set forth in .

” means the date of receipt by the General Partner of a Notice of Redemption or, if such date is not a Business Day, the first Business Day thereafter.

” means, with respect to a REIT Share, the greater of (a) the Company’s most recent net asset value, as determined by the Board of Directors and (b) if the REIT Shares are listed or admitted to trading on any national securities exchange, the volume weighted average price for the 10 consecutive Trading Days immediately preceding the Valuation Date. If the REIT Shares are not listed