Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 889

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 889
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 Requirements

Schedule V - Disclosures

Schedule VI - Required Policies and Related Terms

Schedule VII - Required Reports

Schedule VIII - Post-Closing Obligations

Schedule IX - Intentionally Omitted

Schedule X - Plans and Specifications

Schedule XI - Project Schedule

Schedule XII - Allocated Loan Amounts

<div align='center'>5

I-637

LOAN AGREEMENT</div>

THIS LOAN AGREEMENT, dated as of August 15, 2018 (as amended, restated, replaced, supplemented or otherwise modified from time to time, this ""), is made by and among the entity or entities identified on the signature page hereto as Borrower (together with its permitted successors and assigns, ""), the entity or entities identified on the signature page hereto as Lender and the other Lenders from time to time party hereto, and ACORE CAPITAL MORTGAGE, LP, a Delaware limited partnership, as administrative agent for the Lenders (in such capacity, together with its successors and assigns, "").

WHEREAS,Borrower desires to obtain a loan from Lender in the original principal amount of ONE HUNDRED FIFTY-THREE MILLION SIX HUNDRED EIGHTY-THREE THOUSAND FOUR HUNDRED AND 00/100 DOLLARS ($153,683,400.00) (the ""), and Lender is willing to make the Loan on the terms and conditions set forth in this Agreement and the other Loan Documents.

NOW THEREFORE, in consideration of the making of the Loan by Lender and the covenants, agreements, representations and warranties set forth in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby covenant, agree, represent and warrant as follows:

<div align='center'>ARTICLE I</div>

Section 1.1. . For all purposes of this Agreement, except as otherwise expressly required or unless the context clearly indicates a contrary intent:

"" means a counterparty to an Interest Rate Cap Agreement, or the guarantor of such counterparty's obligations under an Interest Rate Cap Agreement (provided that the form and substance of such guaranty is acceptable to Administrative Agent) that has a long-term unsecured debt rating of not less than "A" by S&P and "A2" from Moody's, which rating shall not include a "t" or otherwise reflect a termination risk.

"" means, individually and collectively, either (a)