Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 2657

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 2657
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 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.

“TSXV” means the TSX Venture Exchange.

“Unvested NHT OP Profits Interest Unit” means a unit of NHT OP that is granted pursuant to the Old NHT Equity Plans, 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 Old NHT Equity Plans, 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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(b) Each of the following terms is defined in the Section set forth opposite such term:

| Term                              |     | Section         |
| Adverse Recommendation Change     |     | Section 6.6(d)  |
| Agreement                         |     | Preamble        |
| Alternative Acquisition Agreement |     | Section 6.6(a)  |
| Bankruptcy and Equity Exception   |     | Section 4.3(a)  |
| Book-Entry Share                  |     | Section 3.1(c)  |
| Capital Expenditure Budget        |     | Section 4.13(c) |
| Capital Expenditures              |     | Section 4.13(c) |
| Capitalization Date               |     | Section 4.2(a)  |
| Certificate                       |     | Section 3.1(c)  |
| Chosen Courts                     |     | Section 9.4(b)  |
| Closing                           |     | Section 2.3     |
| Closing Date                      |     | Section 2.3