Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 250

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 250
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 applicable Lien, and (j) Liens, rights or obligations created by or resulting from the acts or omission of NXDT, NXDT OP or any of their respective affiliates and their and their respective affiliates’ investors, lenders, employees, officers, directors, trustees, members, stockholders, agents, representatives, contractors, invitees or licensees or any Person claiming by, through or under any of the foregoing.

<div align='center'>A-7</div>

“Person” means an individual, corporation, limited liability company, partnership, association, trust, unincorporated organization or other entity.

“Public Unitholders” means the holders of Units other than NXDT and its Subsidiaries and any other person who holds Units in respect of which votes are required to be excluded under Section 8.1(2) of MI 61-101 for the purposes of determining minority approval for the transactions contemplated by this Agreement.

“Recommendation” means the recommendation of the Board with the Conflicted Trustee abstaining (acting on the recommendation of the Special Committee), to the holders of the Units to vote in favor of the Company Merger and the Reorganization so that the REIT may obtain the Requisite Vote.

“Reorganization” means the reorganization transaction, pursuant to which (i) each Unitholder will either (a) contribute all of such Unitholder’s equity interests in the REIT to New NHT in exchange for common shares of New NHT, or (b) have all of such Unitholder’s equity interests in the REIT redeemed for cash, and, immediately thereafter, (ii) New NHT shall cause the REIT to be wound up and liquidated, distributing its assets and liabilities to New NHT.

“Reorganization Effective Time” means the time immediately prior to the consummation of the Mergers.

“Requisite Vote” means a simple majority of the votes cast by Public Unitholders present in person or represented by proxy at the Unitholders’ Meeting and a special resolution of the Unitholders, being the affirmative vote of the holders of more than 66⅔% of the Units present in person or represented by proxy at the Unitholders’ Meeting. Such votes are the only votes required of the holders of any shares of stock or other equity securities of the REIT to approve the Reorganization, the Company Merger and the other transactions contemplated by the Merger Agreement.

“Securities Authorities” means the applicable securities commissions and