Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 252

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 252
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 with any Governmental Entity with respect to any Tax, including any information return, claim for refund, amended return or declaration of estimated Tax and including any schedule or attachment thereto.

“Transaction Litigation” means all lawsuits or other legal proceedings against the Company or any Company Subsidiary or any of its affiliates relating to or challenging the Merger Agreement or the consummation of the Mergers.

“Transfer Right” means, with respect to the Company or any Company Subsidiary, a buy/sell, put option, call option, option to purchase, a marketing right, a forced sale, tag or drag right or a right of first offer, right of first refusal or right that is similar to any of the foregoing, pursuant to the terms of which the Company or any Company Subsidiary, on the one hand, or another Person, on the other hand, could be required to purchase or sell the applicable equity interests of any Person or any real property.

“Unvested NHT OP Profits Interest Unit” means a unit of NHT OP that is granted pursuant to the REIT’s Omnibus Plan and the Deferred Unit Plan, and which is intended to constitute a “profits interest” within the meaning of the Code, which remains subject to vesting conditions.

“Unvested NXDT OP Profits Interest Unit” means a unit of NXDT OP granted pursuant to NXDT’s 2023 Long Term Incentive Plan which is intended to constitute a “profits interest” within the meaning of the Code, which remains subject to vesting conditions.

“Vested NHT OP Profits Interest Unit” means a unit of NHT OP that is granted pursuant to the REIT’s Omnibus Plan and the Deferred Unit Plan, and which is intended to constitute a “profits interest” within the meaning of the Code, which has fully vested.

“Vested NXDT OP Profits Interest Unit” means a unit of NXDT OP granted pursuant to NXDT’s 2023 Long Term Incentive Plan which is intended to constitute a “profits interest” within the meaning of the Code, which has fully vested.

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| APPENDIX B                                                 
 RESOLUTION REGARDING APPROVAL OF AMENDMENTS TO COVID LOANS |

BE IT RESOLVED THAT:

| 2. | Any one or more trustees or officers of the REIT are hereby authorized and directed to execute, deliver, register and file in the name and on behalf of the