Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1396

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1396
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 all Guarantees by such Person of Indebtedness of others, (h) all Capital Lease Obligations of such Person, (i) all obligations, contingent or otherwise, of such Person as an account party in respect of letters of credit and letters of guaranty and (j) all obligations, contingent or otherwise, of such Person in respect of bankers’ acceptances. The Indebtedness of any Person shall include the Indebtedness of any other entity (including any partnership in which such Person is a general partner) to the extent such Person is liable therefor as a result of such Person’s ownership interest in or other relationship with such entity, except to the extent the terms of such Indebtedness provide that such Person is not liable therefor.

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I-1072</div>

: May 21, 2024.

: As to the first Interest Period, the period commencing on May 22, 2023 and ending June 5, 2023 and, as to each Interest Period thereafter, the period commencing on the fifth (5th) day of the immediately preceding Interest Period and ending on the date which is one (1) month after the commencement of such Interest Period, , that:

| (i) | if any Interest Period would otherwise be a day that is not a Business Day, such Interest Period shall be extended to the next succeeding Business Day; provided, however, if any Interest Period would otherwise end on a day that is not a Business Day but is a day of the month after which no further Business Day occurs in such month, such Interest Period shall end on the next preceding Business Day; |

| (ii) | any Interest Period that would otherwise extend beyond the Maturity Date shall end on the Maturity Date; and |

| (iii) | any Interest Period commencing on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month in which it is to end) shall end on the last Business Day of a calendar month. |

: The Internal Revenue Code of 1986, as amended from time to time.

: NEXPOINT REAL ESTATE ADVISORS X, L.P., a Delaware limited partnership, together with any permitted successors and assigns.

: That certain Advisory Agreement dated as of July 1, 2022, by and between Guarantor and Investment Adviser, as amended by that certain Second Amendment to Advisory